Independent Petroleum Group KSCP (KUW:IPG) Buildings And Improvements : KWD0 Mil (As of Mar. 2025)

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What is Independent Petroleum Group KSCP Buildings And Improvements?

Independent Petroleum Group KSCP's quarterly buildings and improvements increased from Sep. 2024 (KWD0 Mil) to Dec. 2024 (KWD3 Mil) but then declined from Dec. 2024 (KWD3 Mil) to Mar. 2025 (KWD0 Mil).

Independent Petroleum Group KSCP's annual buildings and improvements stayed the same from Dec. 2022 (KWD3 Mil) to Dec. 2023 (KWD3 Mil) but then declined from Dec. 2023 (KWD3 Mil) to Dec. 2024 (KWD3 Mil).

Independent Petroleum Group KSCP Buildings And Improvements Historical Data

The historical data trend for Independent Petroleum Group KSCP'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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Independent Petroleum Group KSCP Buildings And Improvements Chart

Independent Petroleum Group KSCP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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1.77

3.34

3.29

Independent Petroleum Group KSCP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	3.29	-

Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Independent Petroleum Group KSCP (KUW:IPG) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101

Website

https://ipg.com.kw

Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Europe, the Middle East, Europe and Asia and the Far East where Africa and the Middle East region generates maximum revenue.