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Torque Metals (ASX:TOR) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Torque Metals Buildings And Improvements?

Torque Metals Buildings And Improvements Historical Data

The historical data trend for Torque Metals'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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Torque Metals Buildings And Improvements Chart

Torque Metals Annual Data
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Buildings And Improvements
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Torque Metals Semi-Annual Data
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Torque Metals 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.

Torque Metals (ASX:TOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Buildings And Improvements
Comparable Companies
ASX:HRZ ASX:KAU ASX:TCG ASX:STN ASX:SIH ASX:FAL ASX:BTR ASX:WIA ASX:ODY ASX:TSO SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL SHSE:600547 ASX:NCM JSE:GFI
Traded in Other Exchanges
N/A
Address
16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008
Website
https://www.torquemetals.com
Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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