Tribe Technology (LSE:TRYB) Buildings And Improvements : £0.50 Mil (As of Dec. 2023)

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What is Tribe Technology Buildings And Improvements?

Tribe Technology's quarterly buildings and improvements increased from Dec. 2022 (£0.62 Mil) to Jun. 2023 (£0.66 Mil) but then declined from Jun. 2023 (£0.66 Mil) to Dec. 2023 (£0.50 Mil).

Tribe Technology's annual buildings and improvements increased from Jun. 2021 (£0.00 Mil) to Jun. 2022 (£0.62 Mil) and increased from Jun. 2022 (£0.62 Mil) to Jun. 2023 (£0.66 Mil).

Tribe Technology Buildings And Improvements Historical Data

The historical data trend for Tribe Technology'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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Tribe Technology Buildings And Improvements Chart

Tribe Technology Annual Data

Trend

Jun21

Jun22

Jun23

Buildings And Improvements

0.62

0.66

Tribe Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial			-	0.62	0.62	0.66	0.50

Tribe Technology 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.

Tribe Technology (LSE:TRYB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tribe Technology PLC (LSE:TRYB) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

7B Enterprise Way, Mallusk, Belfast, GBR, BT36 4EW

Website

https://www.tribetechgroup.com

Tribe Technology PLC is a company involved in developing and manufacturing of autonomous mining equipment. The Company's core activities are the development, in-house manufacturing, and sale of its autonomous reverse circulation (RC) drill rigs incorporating its core proprietary intellectual property, Tribe Technology Drilling System (TTDS).

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