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Hubbell (FRA:HUEC) Buildings And Improvements : €0 Mil (As of Mar. 2024)


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What is Hubbell Buildings And Improvements?

Hubbell's quarterly buildings and improvements increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€229 Mil) but then declined from Dec. 2023 (€229 Mil) to Mar. 2024 (€0 Mil).

Hubbell's annual buildings and improvements increased from Dec. 2021 (€186 Mil) to Dec. 2022 (€200 Mil) and increased from Dec. 2022 (€200 Mil) to Dec. 2023 (€229 Mil).


Hubbell Buildings And Improvements Historical Data

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

Hubbell Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.77 175.66 185.59 200.22 229.07

Hubbell 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 229.07 -

Hubbell 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.


Hubbell (FRA:HUEC) Business Description

Traded in Other Exchanges
Address
40 Waterview Drive, Shelton, CT, USA, 06484
Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

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