McGrath (ASX:MEA) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)

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What is McGrath Buildings And Improvements?

McGrath Buildings And Improvements Historical Data

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

McGrath Annual Data

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Buildings And Improvements

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McGrath Semi-Annual Data
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Buildings And Improvements	Get a 7-Day Free Trial												-	-	-	-	-

McGrath 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.

McGrath (ASX:MEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » McGrath Ltd (ASX:MEA) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Pyrmont Street, Pyrmont, NSW, AUS, 2009

Website

https://www.mcgrath.com.au

McGrath Ltd is a real estate company. It provides a range of services including residential property sales, property management, mortgage broking, auction services, and career training. It operates in the following segments: Company owned sales; Company owned property management; Franchise services; and Other. Geographically, all the business activities of the group function through Australia. The majority of its revenue gets derived from Company owned sales segment that comprises company-owned sales offices for which McGrath earns sales commission revenue including property marketing fees paid by vendor clients.

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