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Tekmar Group (LSE:TGP) Buildings And Improvements : £1.15 Mil (As of Sep. 2024)


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What is Tekmar Group Buildings And Improvements?

Tekmar Group's quarterly buildings and improvements declined from Sep. 2023 (£0.95 Mil) to Mar. 2024 (£0.00 Mil) but then increased from Mar. 2024 (£0.00 Mil) to Sep. 2024 (£1.15 Mil).

Tekmar Group's annual buildings and improvements increased from Sep. 2022 (£0.92 Mil) to Sep. 2023 (£0.95 Mil) and increased from Sep. 2023 (£0.95 Mil) to Sep. 2024 (£1.15 Mil).


Tekmar Group Buildings And Improvements Historical Data

The historical data trend for Tekmar 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.
* 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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Tekmar Group Buildings And Improvements Chart

Tekmar Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Sep22 Sep23 Sep24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only 0.92 0.92 0.92 0.95 1.15

Tekmar Group Semi-Annual Data
Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 - 0.95 - 1.15

Tekmar 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.


Tekmar Group Business Description

Traded in Other Exchanges
Address
Grindon Way, Aycliffe Business Park, Newton Aycliffe, County Durham, GBR, DL5 6SH
Tekmar Group PLC is engaged in the designing, manufacturing, and supply of subsea cables, umbilical, and flexible protection systems. Its sector includes Offshore Wind, Oil & Gas, Interconnectors, Wave & Tidal, Marine Civils, and Engineering consultancy services. Geographically it has a presence in the UK and Ireland, China, the USA and Canada, the Middle East, and the Rest of the World, and the majority of the revenue comes from Europe.