Rainbow Tourism Group (XZIM:RTG.ZW) Buildings And Improvements : ZWG289 Mil (As of Dec. 2023)

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What is Rainbow Tourism Group Buildings And Improvements?

Rainbow Tourism Group's quarterly buildings and improvements increased from Jun. 2022 (ZWG25 Mil) to Dec. 2022 (ZWG1,058 Mil) but then declined from Dec. 2022 (ZWG1,058 Mil) to Dec. 2023 (ZWG289 Mil).

Rainbow Tourism Group's annual buildings and improvements increased from Dec. 2021 (ZWG1,021 Mil) to Dec. 2022 (ZWG1,058 Mil) but then declined from Dec. 2022 (ZWG1,058 Mil) to Dec. 2023 (ZWG289 Mil).

Rainbow Tourism Group Buildings And Improvements Historical Data

The historical data trend for Rainbow Tourism Group'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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Rainbow Tourism Group Buildings And Improvements Chart

Rainbow Tourism Group Annual Data

Trend

Dec08

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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21.14

49.78

1,021.20

1,057.79

289.05

Rainbow Tourism Group Semi-Annual Data
	Dec08	Dec09	Jun11	Dec11	Jun12	Dec12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Buildings And Improvements	Get a 7-Day Free Trial											-	1,021.20	25.39	1,057.79	289.05

Rainbow Tourism Group 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.

Rainbow Tourism Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Rainbow Tourism Group Ltd (XZIM:RTG.ZW) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Pennefather Avenue, Samora Machel Avenue West, Rainbow Towers Hotel and Conference Centre, Harare, ZWE

Website

https://www.rtgafrica.com

Rainbow Tourism Group Ltd is a Zimbabwe-based hospitality management company. It is engaged in providing hotel and conferencing facilities in Zimbabwe. It derives revenue through the sources of room revenue; food beverages and conferencing; and other operating activities. The hotels of the company include Rainbow Towers Hotel & Conference Centre, New Ambassador Hotel, Kadoma Hotel & Conference Centre, Bulawayo Rainbow Hotel, A'Zambezi River Lodge, and Victoria Falls Rainbow Hotel-Victoria Falls.

Rainbow Tourism Group Headlines

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