TORM (OCSE:TRMD A) Buildings And Improvements : kr0 Mil (As of Mar. 2024)

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What is TORM Buildings And Improvements?

TORM Buildings And Improvements Historical Data

The historical data trend for TORM'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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TORM Buildings And Improvements Chart

TORM Annual Data

Trend

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Buildings And Improvements

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TORM Quarterly Data
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TORM 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.

TORM (OCSE:TRMD A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TORM PLC (OCSE:TRMD A) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

TRMD:USA TRMDAc:UK 0RG4:UK 1T4:Germany

Address

20 Street Dunstan's Hill, OFFICE 105, London, GBR, EC3R 8HL

Website

https://www.torm.com

TORM PLC operates as a shipping company. The company owns and operates product tankers. It is primarily engaged in the transportation of refined oil products The company transports clean petroleum products including gasoline, jet fuel, naphtha, and diesel oil, as well as other clean products. Its segments include the Tanker segment, and Marine Exhaust segment.

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