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Atlas Elevators General Trading and Contracting Co (SAU:9578) Buildings And Improvements : ﷼3.05 Mil (As of Jun. 2024)


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What is Atlas Elevators General Trading and Contracting Co Buildings And Improvements?

Atlas Elevators General Trading and Contracting Co's quarterly buildings and improvements increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼3.00 Mil) and increased from Dec. 2023 (﷼3.00 Mil) to Jun. 2024 (﷼3.05 Mil).

Atlas Elevators General Trading and Contracting Co's annual buildings and improvements increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼3.57 Mil) but then declined from Dec. 2022 (﷼3.57 Mil) to Dec. 2023 (﷼3.00 Mil).


Atlas Elevators General Trading and Contracting Co Buildings And Improvements Historical Data

The historical data trend for Atlas Elevators General Trading and Contracting Co'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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Atlas Elevators General Trading and Contracting Co Buildings And Improvements Chart

Atlas Elevators General Trading and Contracting Co Annual Data
Trend Dec22 Dec23
Buildings And Improvements
3.57 3.00

Atlas Elevators General Trading and Contracting Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Buildings And Improvements 3.57 - 3.00 3.05

Atlas Elevators General Trading and Contracting Co 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.


Atlas Elevators General Trading and Contracting Co Business Description

Traded in Other Exchanges
N/A
Address
Area 223 Block1, Building 96, Beside fire station, Kuwait, SAU
Atlas Elevators General Trading and Contracting Co is a company specializing in the supply, sale, installation and maintenance of the highest-quality elevators, hydraulic lifts and escalators, all conforming to European standards. It has has four Kuwaiti branches in Hawalli, Ardiya, Al Rai and Al Jahra also operate's in Saudi Arabia, Qatar, Bahrain and Oman.

Atlas Elevators General Trading and Contracting Co Headlines

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