Mikron Holding AG (XSWX:MIKN) Buildings And Improvements : CHF0.0 Mil (As of Dec. 2023)

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What is Mikron Holding AG Buildings And Improvements?

Mikron Holding AG Buildings And Improvements Historical Data

The historical data trend for Mikron Holding AG'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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Mikron Holding AG Buildings And Improvements Chart

Mikron Holding AG Annual Data

Trend

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Buildings And Improvements

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Mikron Holding AG Semi-Annual Data
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Mikron Holding AG 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.

Mikron Holding AG (XSWX:MIKN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mikron Holding AG (XSWX:MIKN) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

MIKNz:UK

Address

Muhlebrucke 2, Biel, CHE, CH-2502

Website

https://www.mikron.com

Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

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