McGrath RentCorp (FRA:MG8) Buildings And Improvements : €1,238.2 Mil (As of Mar. 2024)

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What is McGrath RentCorp Buildings And Improvements?

McGrath RentCorp's quarterly buildings and improvements declined from Sep. 2023 (€1,381.5 Mil) to Dec. 2023 (€1,216.4 Mil) but then increased from Dec. 2023 (€1,216.4 Mil) to Mar. 2024 (€1,238.2 Mil).

McGrath RentCorp's annual buildings and improvements declined from Dec. 2021 (€950.4 Mil) to Dec. 2022 (€917.7 Mil) but then increased from Dec. 2022 (€917.7 Mil) to Dec. 2023 (€1,216.4 Mil).

McGrath RentCorp Buildings And Improvements Historical Data

The historical data trend for McGrath RentCorp'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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McGrath RentCorp Buildings And Improvements Chart

McGrath RentCorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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808.79

751.65

950.38

917.70

1,216.36

McGrath RentCorp 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															1,318.89	1,345.72	1,381.47	1,216.36	1,238.25

McGrath RentCorp 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.

McGrath RentCorp (FRA:MG8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (FRA:MG8) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

MGRC:USA

Address

5700 Las Positas Road, Livermore, CA, USA, 94551-7800

Website

https://www.mgrc.com

McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.

McGrath RentCorp (FRA:MG8) Headlines

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