ABS Marine Services (NSE:ABSMARINE) Buildings And Improvements : ₹29 Mil (As of Mar. 2024)

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What is ABS Marine Services Buildings And Improvements?

ABS Marine Services's quarterly buildings and improvements stayed the same from Mar. 2022 (₹39 Mil) to Mar. 2023 (₹39 Mil) but then declined from Mar. 2023 (₹39 Mil) to Mar. 2024 (₹29 Mil).

ABS Marine Services's annual buildings and improvements stayed the same from Mar. 2022 (₹39 Mil) to Mar. 2023 (₹39 Mil) but then declined from Mar. 2023 (₹39 Mil) to Mar. 2024 (₹29 Mil).

ABS Marine Services Buildings And Improvements Historical Data

The historical data trend for ABS Marine Services'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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ABS Marine Services Buildings And Improvements Chart

ABS Marine Services Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Buildings And Improvements

38.72

29.48

ABS Marine Services Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Buildings And Improvements	38.72	38.72	38.72	29.48

ABS Marine Services 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.

ABS Marine Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ABS Marine Services Ltd (NSE:ABSMARINE) » Definitions » Buildings And Improvements

Traded in Other Exchanges

N/A

Address

Flat No. 3, Anugraha Foundation, No. 15, Valliammal Road, Vepery, Chennai, TN, IND, 600007

Website

https://www.absmarine.com

ABS Marine Services Ltd is engaged in Shipping Industry. It has 5 owned vessels comprising of 2 advanced offshore vessels servcing the Oil & Gas sector & 3 Harbour Crafts serving the Indian Ports sector and one long term chartered specialised multipurpose offshore vessel serving the Oil & Gas Sector. In addition, it is carrying out total ship management of 12 vessels on behalf of Government, public sector undertakings, private companies and port authorities, providing crew management services to a further 24 ships comprising Oil Tankers, Gas Tankers, Bulk Carriers, Passenger Vessels and High Speed Crafts. It is a fully integrated company with in-house complete vessel management including commercial management.

ABS Marine Services Headlines

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