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GenIP (LSE:GNIP) Buildings And Improvements : £0.00 Mil (As of Jun. 2024)


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What is GenIP Buildings And Improvements?


GenIP Buildings And Improvements Historical Data

The historical data trend for GenIP'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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GenIP Buildings And Improvements Chart

GenIP Annual Data
Trend Dec24
Buildings And Improvements
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GenIP Semi-Annual Data
Jun24
Buildings And Improvements -

GenIP 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.


GenIP Business Description

Traded in Other Exchanges
N/A
Address
12 New Fetter Lane, London, GBR, EC4A 1JP
GenIP PLC engaged in Generative Artificial Intelligence (GenAI), empowers organizations to evaluate and commercialize technology discoveries through two distinct to providing bespoke enhanced research reports assessing the market potential for new technological innovations by using the GenAI-driven proprietary software, InventionEvaluator, and providing executive recruitment services to match technology organizations with experienced executives and business leaders using the GenAI-driven proprietary software, Vortechs.

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