Maschinenfabrik Berthold Hermle AG (STU:MBH3) Buildings And Improvements : €0.0 Mil (As of Dec. 2024)

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What is Maschinenfabrik Berthold Hermle AG Buildings And Improvements?

Maschinenfabrik Berthold Hermle AG Buildings And Improvements Historical Data

The historical data trend for Maschinenfabrik Berthold Hermle AG's Buildings And Improvements can be seen below:

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Maschinenfabrik Berthold Hermle AG Buildings And Improvements Chart

Maschinenfabrik Berthold Hermle AG Annual Data

Trend

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Buildings And Improvements

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Maschinenfabrik Berthold Hermle AG Semi-Annual Data
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Maschinenfabrik Berthold Hermle AG 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.

Maschinenfabrik Berthold Hermle AG Business Description

Industry

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Traded in Other Exchanges

0F6S:UK MBH3:Germany

Address

Industriestrasse 8-12, Gosheim, BW, DEU, 78559

Website

https://www.hermle.de

Maschinenfabrik Berthold Hermle AG is a Germany-based company that produces universal milling machines and machining centers, offering its customers complete automation solutions under one roof. The company's customers include domestic and international companies in various high-tech sectors, encompassing mechanical and plant engineering with applications for packing technology, mining or the special vehicles segment, the aerospace industry, medical technology, the electronics and chip industry, the optical industry, energy technology, toolmaking and mould construction as well as the automotive industry, including their subcontractors. The group's operating segments include Domestic companies, which derive maximum revenue, and Foreign sales companies.

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