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Ondo InsurTech (LSE:ONDO) Buildings And Improvements : £0.00 Mil (As of Sep. 2023)


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What is Ondo InsurTech Buildings And Improvements?


Ondo InsurTech Buildings And Improvements Historical Data

The historical data trend for Ondo InsurTech'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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Ondo InsurTech Buildings And Improvements Chart

Ondo InsurTech Annual Data
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Buildings And Improvements

Ondo InsurTech Semi-Annual Data
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Ondo InsurTech 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.


Ondo InsurTech (LSE:ONDO) Business Description

Industry
Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Ondo InsurTech PLC is into the Insuretech business in the home insurance Industry. The company's Leakbot system comprises a self-install sensor that clips to a pipe and detects a leak anywhere on a main water system. The company derives revenue from water leak detection devices, water leak detection services, Repair services, and consultancy services. The company has a geographical presence in the UK, USA, and Europe. The company derives the majority of its revenue from the UK.

Ondo InsurTech (LSE:ONDO) Headlines

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