Argent Industrial (JSE:ART) Buildings And Improvements : R0 Mil (As of Sep. 2023)

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What is Argent Industrial Buildings And Improvements?

Argent Industrial's quarterly buildings and improvements increased from Sep. 2022 (R0 Mil) to Mar. 2023 (R38 Mil) but then declined from Mar. 2023 (R38 Mil) to Sep. 2023 (R0 Mil).

Argent Industrial's annual buildings and improvements declined from Mar. 2021 (R77 Mil) to Mar. 2022 (R55 Mil) and declined from Mar. 2022 (R55 Mil) to Mar. 2023 (R38 Mil).

Argent Industrial Buildings And Improvements Historical Data

The historical data trend for Argent Industrial'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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Argent Industrial Buildings And Improvements Chart

Argent Industrial Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Buildings And Improvements

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76.54

54.72

37.69

Argent Industrial Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Buildings And Improvements	Get a 7-Day Free Trial															-	54.72	-	37.69	-

Argent Industrial 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.

Argent Industrial (JSE:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Argent Industrial Ltd (JSE:ART) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

First Floor, Ridge 63, 8 Sinembe Crescent, Sinembe Park, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019

Website

https://www.argent.co.za

Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up of ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.

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