Granite Construction (FRA:GRG) Buildings And Improvements : €94 Mil (As of Mar. 2024)

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What is Granite Construction Buildings And Improvements?

Granite Construction's quarterly buildings and improvements declined from Sep. 2023 (€99 Mil) to Dec. 2023 (€94 Mil) but then increased from Dec. 2023 (€94 Mil) to Mar. 2024 (€94 Mil).

Granite Construction's annual buildings and improvements increased from Dec. 2021 (€85 Mil) to Dec. 2022 (€98 Mil) but then declined from Dec. 2022 (€98 Mil) to Dec. 2023 (€94 Mil).

Granite Construction Buildings And Improvements Historical Data

The historical data trend for Granite Construction'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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Granite Construction Buildings And Improvements Chart

Granite Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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110.08

77.89

85.12

97.85

94.15

Granite Construction Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															98.25	97.64	98.90	94.15	94.46

Granite Construction 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.

Granite Construction (FRA:GRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Granite Construction Inc (FRA:GRG) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

GVA:USA

Address

585 West Beach Street, Watsonville, CA, USA, 95076

Website

https://www.graniteconstruction.com

Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.

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