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Nexteq (LSE:NXQ) Buildings And Improvements : £1.23 Mil (As of Dec. 2023)


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What is Nexteq Buildings And Improvements?

Nexteq's quarterly buildings and improvements declined from Dec. 2022 (£1.38 Mil) to Jun. 2023 (£0.00 Mil) but then increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£1.23 Mil).

Nexteq's annual buildings and improvements declined from Dec. 2021 (£1.43 Mil) to Dec. 2022 (£1.38 Mil) and declined from Dec. 2022 (£1.38 Mil) to Dec. 2023 (£1.23 Mil).


Nexteq Buildings And Improvements Historical Data

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

Nexteq Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.93 1.43 1.38 1.23

Nexteq Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.43 - 1.38 - 1.23

Nexteq 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.


Nexteq (LSE:NXQ) Business Description

Industry
Traded in Other Exchanges
Address
Station Road, The Galleria, Crawley, GBR, RH10 1WW
Nexteq PLC is a technology partner to industrial equipment manufacturers. The group's specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most. Quixant designs and engineers gaming computers, software systems and accessories for the gaming and sports betting industries. Densitron produces a wide range of human machine interface hardware to global industrial markets, with key focus areas being the broadcast and medical sectors.

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