Spectra Systems (LSE:SPSC) Buildings And Improvements : £0.00 Mil (As of Jun. 2024)

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What is Spectra Systems Buildings And Improvements?

Spectra Systems's quarterly buildings and improvements increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£1.43 Mil) but then declined from Dec. 2023 (£1.43 Mil) to Jun. 2024 (£0.00 Mil).

Spectra Systems's annual buildings and improvements increased from Dec. 2021 (£1.16 Mil) to Dec. 2022 (£1.28 Mil) and increased from Dec. 2022 (£1.28 Mil) to Dec. 2023 (£1.43 Mil).

Spectra Systems Buildings And Improvements Historical Data

The historical data trend for Spectra Systems'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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Spectra Systems Buildings And Improvements Chart

Spectra Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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1.17

1.14

1.16

1.28

1.43

Spectra Systems Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Buildings And Improvements	Get a 7-Day Free Trial															-	1.28	-	1.43	-

Spectra Systems 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.

Spectra Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spectra Systems Corp (LSE:SPSC) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

SPSY:UK

Address

40 Westminster Street, 2nd Floor, Providence, RI, USA, 02903

Website

https://www.spsy.com

Spectra Systems Corp manufactures, and markets technology-based products used to authenticate and process banknotes and also offers secure software products for gaming. The company has divided its business into Authentication Systems, Security Printing, and Banknote Cleaning. The company derives maximum revenue from Authentication Systems that involve the hardware, software, and materials related to the authentication of banknotes, tax stamps, and other high-value goods.