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Soltec Power Holdings (XMAD:SOL) Buildings And Improvements : €22.2 Mil (As of Jun. 2023)


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What is Soltec Power Holdings Buildings And Improvements?

Soltec Power Holdings's quarterly buildings and improvements declined from Jun. 2022 (€19.7 Mil) to Dec. 2022 (€19.7 Mil) but then increased from Dec. 2022 (€19.7 Mil) to Jun. 2023 (€22.2 Mil).

Soltec Power Holdings's annual buildings and improvements increased from Dec. 2020 (€18.7 Mil) to Dec. 2021 (€19.8 Mil) but then declined from Dec. 2021 (€19.8 Mil) to Dec. 2022 (€19.7 Mil).


Soltec Power Holdings Buildings And Improvements Historical Data

The historical data trend for Soltec Power Holdings'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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Soltec Power Holdings Buildings And Improvements Chart

Soltec Power Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Buildings And Improvements
- 18.69 19.82 19.65

Soltec Power Holdings Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Buildings And Improvements Get a 7-Day Free Trial 20.03 19.82 19.67 19.65 22.22

Soltec Power Holdings 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.


Soltec Power Holdings (XMAD:SOL) Business Description

Traded in Other Exchanges
Address
Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500
Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.