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Servotronics's quarterly buildings and improvements increased from Sep. 2023 ($8.41 Mil) to Dec. 2023 ($8.45 Mil) and increased from Dec. 2023 ($8.45 Mil) to Mar. 2024 ($8.50 Mil).
Servotronics's annual buildings and improvements declined from Dec. 2021 ($11.36 Mil) to Dec. 2022 ($7.84 Mil) but then increased from Dec. 2022 ($7.84 Mil) to Dec. 2023 ($8.45 Mil).
The historical data trend for Servotronics'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.
Servotronics Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Buildings And Improvements | Get a 7-Day Free Trial |
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11.02 | 11.36 | 11.36 | 7.84 | 8.45 |
Servotronics 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 |
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11.89 | 8.34 | 8.41 | 8.45 | 8.50 |
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.
Robert Fraass | officer: Chief Financial Officer | 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059 |
Kenneth D Trbovich | officer: President | 1110 MAPLE STREET, ELMA NY 14059 |
Estate Of Nicholas D. Trbovich, Sr. | 10 percent owner | 960 PORTERVILLE ROAD, EAST AURORA NY 14052 |
Brent D Baird | 10 percent owner | 1350 ONE M&T PLAZA, BUFFALO NY 14203-2396 |
Evan H Wax | director | 44 CHERRY LANE, MADISON CT 06443 |
Founders Software, Inc. | 10 percent owner | 401 EAST AMHERST ST, BUFFALO NY 14215 |
Snyder Paul L. Iii | 10 percent owner | 401 EAST AMHERST ST, BUFFALO NY 14215 |
Beaver Hollow Wellness, Llc | 10 percent owner | 401 EAST AMHERST ST, BUFFALO NY 14215 |
Edward C Cosgrove | director | 525 DELAWARE AVENUE, BUFFALO NY 14202 |
Lucion P Gygax | director | 1110 MAPLE STREET, ELMA NY 14059 |
Christopher M Marks | director | 360 DELAWARE AVENUE, SUITE 230, BUFFALO NY 14202 |
Karen L Howard | director | C/O SERVOTRONICS, INC., 1110 MAPLE STREET, ELMA NY 14059 |
Farrell William F Jr. | director, officer: Chief Executive Officer | 1110 MAPLE STREET, PO BOX 300, ELMA NY 14059 |
Jason T Bear | director | 5301 N. COMMERCE AVE., SUITE C, MOORPARK CA 93021 |
Lisa F Bencel | officer: Chief Financial Officer | 1110 MAPLE STREET, ELMA NY 14059 |
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