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First Solar (LTS:0R06) Buildings And Improvements : $1,042 Mil (As of Mar. 2024)


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What is First Solar Buildings And Improvements?

First Solar's quarterly buildings and improvements increased from Sep. 2023 ($999 Mil) to Dec. 2023 ($1,037 Mil) and increased from Dec. 2023 ($1,037 Mil) to Mar. 2024 ($1,042 Mil).

First Solar's annual buildings and improvements increased from Dec. 2021 ($693 Mil) to Dec. 2022 ($893 Mil) and increased from Dec. 2022 ($893 Mil) to Dec. 2023 ($1,037 Mil).


First Solar Buildings And Improvements Historical Data

The historical data trend for First Solar'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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First Solar Buildings And Improvements Chart

First Solar 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 664.27 693.76 693.29 893.05 1,037.42

First Solar 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 1,009.65 1,020.97 998.52 1,037.42 1,042.31

First Solar 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.


First Solar (LTS:0R06) Business Description

Address
350 West Washington Street, Suite 600, Tempe, AZ, USA, 85281
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

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