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Ultrack Systems (Ultrack Systems) Buildings And Improvements : $0.00 Mil (As of . 20)


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What is Ultrack Systems Buildings And Improvements?


Ultrack Systems Buildings And Improvements Historical Data

The historical data trend for Ultrack Systems'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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Ultrack Systems Buildings And Improvements Chart

Ultrack Systems Annual Data
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Buildings And Improvements

Ultrack Systems Quarterly Data
Buildings And Improvements

Ultrack Systems 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.


Ultrack Systems (Ultrack Systems) Business Description

Traded in Other Exchanges
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Address
11 Buttermill Avenue, Concord, ON, CAN, L4K 3X1
Ultrack Systems Inc helps its clients locate, track, and manage their assets using wireless and GPS-based technologies. It provides an accurate and affordable means of tracking moving assets. Its compact trackers and easy-to-use tracking software allow the monitor or track any asset virtually anywhere in the world. This kind of application results in improved security, productivity, and customer service. Each vehicle outfitted with a unit can be seen from a virtual map platform and managing a fleet of vehicles becomes easy, efficient, and effortless. This tool is useful in determining the quality of the driver behind the wheel and who is an asset or a liability to the company.

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