ARB IOT Group (ARB IOT Group) Buildings And Improvements : $0.06 Mil (As of Dec. 2023)

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What is ARB IOT Group Buildings And Improvements?

ARB IOT Group's quarterly buildings and improvements increased from Dec. 2022 ($0.05 Mil) to Jun. 2023 ($0.11 Mil) but then declined from Jun. 2023 ($0.11 Mil) to Dec. 2023 ($0.06 Mil).

ARB IOT Group's annual buildings and improvements increased from Jun. 2021 ($0.00 Mil) to Jun. 2022 ($0.05 Mil) and increased from Jun. 2022 ($0.05 Mil) to Jun. 2023 ($0.11 Mil).

ARB IOT Group Buildings And Improvements Historical Data

The historical data trend for ARB IOT Group'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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ARB IOT Group Buildings And Improvements Chart

ARB IOT Group Annual Data

Trend

Jun21

Jun22

Jun23

Buildings And Improvements

0.05

0.11

ARB IOT Group Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial			-	0.05	0.05	0.11	0.06

ARB IOT Group 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.

ARB IOT Group (ARB IOT Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100

Website

https://www.arbiotgroup.com

ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

From GuruFocus

ARB IOT Group Limited Announces Exercise and Closing of Over-Allotment Option in Initial Public Offering

By sperokesalga sperokesalga • 04-25-2023