iFIT Health & Fitness (iFIT Health & Fitness) Buildings And Improvements : $26 Mil (As of May. 2020)

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What is iFIT Health & Fitness Buildings And Improvements?

iFIT Health & Fitness's quarterly buildings and improvements stayed the same from . 20 ($0 Mil) to May. 2019 ($0 Mil) but then increased from May. 2019 ($0 Mil) to May. 2020 ($26 Mil).

iFIT Health & Fitness's annual buildings and improvements increased from May. 2019 ($0 Mil) to May. 2020 ($26 Mil) and increased from May. 2020 ($26 Mil) to May. 2021 ($35 Mil).

iFIT Health & Fitness Buildings And Improvements Historical Data

The historical data trend for iFIT Health & Fitness's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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iFIT Health & Fitness Buildings And Improvements Chart

iFIT Health & Fitness Annual Data

Trend

May19

May20

May21

Buildings And Improvements

25.76

35.36

iFIT Health & Fitness Quarterly Data
	May19	May20	May21
Buildings And Improvements	-	25.76	35.36

iFIT Health & Fitness Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

iFIT Health & Fitness (iFIT Health & Fitness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » iFIT Health & Fitness Inc (NAS:IFIT) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

1500 South 1000 West, Logan, UT, USA, 84321

Website

https://www.ifit.com

iFIT Health & Fitness Inc is a health and fitness subscription technology company. It is an integrated health and fitness platform, designed to connect proprietary software, experiential content, and interactive hardware to deliver an unmatched connected fitness experience. It has two segments. The Interactive Fitness Products segment, which is the key revenue driver, derives revenue from the sale of the treadmills, bikes, ellipticals, rowers, climbers, strength equipment, fitness mirrors, yoga equipment, and accessories. The Subscription segment derives revenue from iFIT subscriptions and the sale of extended warranties on the fitness equipment.