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Matrix IT (XTAE:MTRX) Buildings And Improvements : ₪0 Mil (As of Mar. 2024)


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What is Matrix IT Buildings And Improvements?

Matrix IT's quarterly buildings and improvements increased from Sep. 2023 (₪0 Mil) to Dec. 2023 (₪430 Mil) but then declined from Dec. 2023 (₪430 Mil) to Mar. 2024 (₪0 Mil).

Matrix IT's annual buildings and improvements increased from Dec. 2021 (₪307 Mil) to Dec. 2022 (₪348 Mil) and increased from Dec. 2022 (₪348 Mil) to Dec. 2023 (₪430 Mil).


Matrix IT Buildings And Improvements Historical Data

The historical data trend for Matrix IT'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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Matrix IT Buildings And Improvements Chart

Matrix IT 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 224.03 284.81 307.11 348.25 430.39

Matrix IT 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 - - - 430.39 -

Matrix IT 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.


Matrix IT (XTAE:MTRX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.