Fincantieri SpA (MIL:FCT) Buildings And Improvements : €171 Mil (As of Dec. 2023)

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What is Fincantieri SpA Buildings And Improvements?

Fincantieri SpA's quarterly buildings and improvements declined from Dec. 2022 (€165 Mil) to Jun. 2023 (€162 Mil) but then increased from Jun. 2023 (€162 Mil) to Dec. 2023 (€171 Mil).

Fincantieri SpA's annual buildings and improvements increased from Dec. 2021 (€136 Mil) to Dec. 2022 (€165 Mil) and increased from Dec. 2022 (€165 Mil) to Dec. 2023 (€171 Mil).

Fincantieri SpA Buildings And Improvements Historical Data

The historical data trend for Fincantieri SpA'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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Fincantieri SpA Buildings And Improvements Chart

Fincantieri SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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108.54

105.55

136.32

164.61

171.30

Fincantieri SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															136.32	159.57	164.61	161.80	171.30

Fincantieri SpA 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.

Fincantieri SpA (MIL:FCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Fincantieri SpA (MIL:FCT) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

FNCNF:USA 0QWN:UK 1F8:Germany

Address

Via Genova No 1, Trieste, ITA, 34121

Website

https://www.fincantieri.com

Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.