Converge Technology Solutions (TSX:CTS) Buildings And Improvements : C$57 Mil (As of Dec. 2024)

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What is Converge Technology Solutions Buildings And Improvements?

Converge Technology Solutions's quarterly buildings and improvements stayed the same from Jun. 2024 (C$0 Mil) to Sep. 2024 (C$0 Mil) but then increased from Sep. 2024 (C$0 Mil) to Dec. 2024 (C$57 Mil).

Converge Technology Solutions's annual buildings and improvements increased from Dec. 2022 (C$52 Mil) to Dec. 2023 (C$56 Mil) and increased from Dec. 2023 (C$56 Mil) to Dec. 2024 (C$57 Mil).

Converge Technology Solutions Buildings And Improvements Historical Data

The historical data trend for Converge Technology Solutions'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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Converge Technology Solutions Buildings And Improvements Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Buildings And Improvements

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22.28

30.60

52.10

56.29

57.49

Converge Technology Solutions Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Buildings And Improvements	Get a 7-Day Free Trial															56.29	-	-	-	57.49

Converge Technology Solutions 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.

Converge Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (TSX:CTS) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has three operating segments: North America, Germany, and UK.

Executives

Greg Berard	Senior Officer
John Teltsch	Senior Officer
Avjit Kamboj	Senior Officer
Toni Rinow	Director
Cory Reid	Senior Officer
Brian Arthur Phillips	Director
Shaun Maine	Director, Senior Officer
Thomas Volk	Director
Darlene Kelly	Director
Donald Lawrence Cuthbertson	Senior Officer
Richard Lecoutre	Senior Officer
Winton Smith	Senior Officer
Carl Gilbert Smith	Senior Officer
Gordon Mcmillan	10% Security Holder, Director
Ralph Garcea	Director