Veltex (Veltex) Buildings And Improvements : $0.82 Mil (As of Mar. 2024)

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What is Veltex Buildings And Improvements?

Veltex's quarterly buildings and improvements increased from Jun. 2023 ($0.76 Mil) to Dec. 2023 ($0.80 Mil) and increased from Dec. 2023 ($0.80 Mil) to Mar. 2024 ($0.82 Mil).

Veltex's annual buildings and improvements increased from Dec. 2021 ($0.74 Mil) to Dec. 2022 ($0.76 Mil) and increased from Dec. 2022 ($0.76 Mil) to Dec. 2023 ($0.80 Mil).

Veltex Buildings And Improvements Historical Data

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

Veltex Annual Data

Trend

Dec21

Dec22

Dec23

Buildings And Improvements

0.74

0.76

0.80

Veltex Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial			0.76	0.76	0.76	0.80	0.82

Veltex 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.

Veltex (Veltex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veltex Corp (OTCPK:VLXC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 West Madison Street, Suite 1500, Chicago, IL, USA, 60602

Website

https://www.veltex.com

Veltex Corp is a United States-based holding company. The company is engaged in the development and acquisition of companies that have established or advanced the latest modalities in the areas of health, wellness, and recovery. Its market includes rehab centres and treatment centres. The company also acquires real estate properties.