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Fitell (Fitell) Buildings And Improvements : $0.83 Mil (As of Dec. 2023)


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What is Fitell Buildings And Improvements?

Fitell's quarterly buildings and improvements stayed the same from Dec. 2022 ($1.54 Mil) to Jun. 2023 ($1.54 Mil) but then declined from Jun. 2023 ($1.54 Mil) to Dec. 2023 ($0.83 Mil).

Fitell's annual buildings and improvements stayed the same from Jun. 2021 ($1.54 Mil) to Jun. 2022 ($1.54 Mil) and stayed the same from Jun. 2022 ($1.54 Mil) to Jun. 2023 ($1.54 Mil).

Fitell Buildings And Improvements Historical Data

The historical data trend for Fitell'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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Fitell Buildings And Improvements Chart

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Buildings And Improvements
1.54 1.54 1.54

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Buildings And Improvements Get a 7-Day Free Trial - 1.54 1.54 1.54 0.83

Fitell 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.

Fitell (Fitell) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Website
https://www.gymdirect.com.au
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.