ECO Buildings Group (LSE:ECOB) Buildings And Improvements : £0.00 Mil (As of Jun. 2023)

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What is ECO Buildings Group Buildings And Improvements?

ECO Buildings Group Buildings And Improvements Historical Data

The historical data trend for ECO Buildings Group'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.
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ECO Buildings Group Buildings And Improvements Chart

ECO Buildings Group Annual Data

Trend

Dec21

Buildings And Improvements

ECO Buildings Group Semi-Annual Data
	Jun22	Jun23
Buildings And Improvements	-	-

ECO Buildings Group 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.

ECO Buildings Group (LSE:ECOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » ECO Buildings Group Plc (LSE:ECOB) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

ECOB:UK

Address

160 Camden High Street, London, GBR, NW1 0NE

Website

https://www.eco-buildings.net

ECO Buildings Group Plc will operate in the prefabricated modular housing sector. The company has acquired the proven and innovative prefabricated modular technology using glass fibre-reinforced gypsum (GFRG), an alternative construction method to achieve faster and more economical development of residential, commercial, and industrial dwellings. Eco Buildings' range of modular housing products provides a solution for the construction of both affordable and high-end housing, with Eco Buildings' products being up to 50% cheaper, two-thirds lighter and five times faster to deploy than conventionally built homes.

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