Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Buildings And Improvements : KWD0.00 Mil (As of Mar. 2024)

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What is Al-Arabiya Real Estate Co KSC Buildings And Improvements?

Al-Arabiya Real Estate Co KSC's quarterly buildings and improvements increased from Sep. 2023 (KWD0.00 Mil) to Dec. 2023 (KWD28.99 Mil) but then declined from Dec. 2023 (KWD28.99 Mil) to Mar. 2024 (KWD0.00 Mil).

Al-Arabiya Real Estate Co KSC's annual buildings and improvements stayed the same from Dec. 2021 (KWD28.99 Mil) to Dec. 2022 (KWD28.99 Mil) and stayed the same from Dec. 2022 (KWD28.99 Mil) to Dec. 2023 (KWD28.99 Mil).

Al-Arabiya Real Estate Co KSC Buildings And Improvements Historical Data

The historical data trend for Al-Arabiya Real Estate Co KSC'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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Al-Arabiya Real Estate Co KSC Buildings And Improvements Chart

Al-Arabiya Real Estate Co KSC Annual Data

Trend

Dec10

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Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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28.99

Al-Arabiya Real Estate Co KSC 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															-	-	-	28.99	-

Al-Arabiya Real Estate Co KSC 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.

Al-Arabiya Real Estate Co KSC (KUW:ARABREC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al-Arabiya Real Estate Co KSC (KUW:ARABREC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmad Al-Jaber Street, 7th Floor, Emad Commercial Center, PO Box 26980, Sharq, Safat, Kuwait City, KWT, 13130

Website

http://www.arec-kwt.com

Al-Arabiya Real Estate Co KSC is a Kuwait based company involved in the construction, contracting, developing and managing the activities of residential buildings, hotels, and commercial centres within the private and public sector. It operates in three segments. Real estate segment involves activities related to real estate investment properties. Hotels segment, which is the key revenue generator, involves establishment, acquiring and managing hotels. Investment segment involves investing in shares and share capital of the companies. Geographically, it generates revenue from Kuwait being the highest revenue driver, United Arab Emirates, and Egypt.

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