CubicFarm Systems (TSXV:CUB) Buildings And Improvements : C$0.00 Mil (As of Sep. 2023)

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What is CubicFarm Systems Buildings And Improvements?

CubicFarm Systems Buildings And Improvements Historical Data

The historical data trend for CubicFarm Systems'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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CubicFarm Systems Buildings And Improvements Chart

CubicFarm Systems Annual Data

Trend

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Buildings And Improvements

CubicFarm Systems Quarterly Data
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CubicFarm Systems 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.

CubicFarm Systems (TSXV:CUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CubicFarm Systems Corp (TSXV:CUB) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

CUBXD:USA

Address

7170 Glover Road, Langley, BC, CAN, V2Y 2R1

Website

https://www.cubicfarms.com

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.

Executives

Ospraie Ag Science Llc

10% Security Holder