GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meikles Ltd (LSE:MIK) » Definitions » Buildings And Improvements

Meikles (LSE:MIK) Buildings And Improvements : $0 Mil (As of Aug. 2023)


View and export this data going back to 1943. Start your Free Trial

What is Meikles Buildings And Improvements?

Meikles's quarterly buildings and improvements declined from Mar. 2022 ($53 Mil) to Sep. 2022 ($0 Mil) but then stayed the same from Sep. 2022 ($0 Mil) to Aug. 2023 ($0 Mil).

Meikles's annual buildings and improvements declined from Mar. 2019 ($2 Mil) to Mar. 2020 ($0 Mil) but then increased from Mar. 2020 ($0 Mil) to Mar. 2021 ($16 Mil).


Meikles Buildings And Improvements Historical Data

The historical data trend for Meikles'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.

* Premium members only.

Meikles Buildings And Improvements Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21
Buildings And Improvements
Get a 7-Day Free Trial 1.55 1.95 2.00 - 15.53

Meikles Semi-Annual Data
Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23
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 15.53 - 52.60 - -

Meikles 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.


Meikles (LSE:MIK) Business Description

Traded in Other Exchanges
Address
4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.