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Springfield Properties (LSE:SPR) Buildings And Improvements : £0.0 Mil (As of Nov. 2023)


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What is Springfield Properties Buildings And Improvements?

Springfield Properties's quarterly buildings and improvements increased from Nov. 2022 (£0.0 Mil) to May. 2023 (£4.1 Mil) but then declined from May. 2023 (£4.1 Mil) to Nov. 2023 (£0.0 Mil).

Springfield Properties's annual buildings and improvements increased from May. 2021 (£2.1 Mil) to May. 2022 (£2.6 Mil) and increased from May. 2022 (£2.6 Mil) to May. 2023 (£4.1 Mil).


Springfield Properties Buildings And Improvements Historical Data

The historical data trend for Springfield Properties'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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Springfield Properties Buildings And Improvements Chart

Springfield Properties Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only - 2.22 2.13 2.57 4.09

Springfield Properties Semi-Annual Data
May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 2.57 - 4.09 -

Springfield Properties 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.


Springfield Properties (LSE:SPR) Business Description

Traded in Other Exchanges
Address
8 Southfield Drive, Alexander Fleming House, Elgin, Morayshire, GBR, IV30 6GR
Springfield Properties PLC is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The group primarily focuses on sourcing land for private housing in areas with high growth potential and progressing those developments through the planning process. It has one segment that is Housing building activity in the United Kingdom. It earns revenue from private residential properties, affordable housing, contact housing and others.

Springfield Properties (LSE:SPR) Headlines