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Iron Road (ASX:IRD) Buildings And Improvements

: A$0.00 Mil (As of Dec. 2023)
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Iron Road Buildings And Improvements Historical Data

The historical data trend for Iron Road'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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Iron Road Annual Data
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Buildings And Improvements
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Iron Road Semi-Annual Data
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Iron Road 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.


Iron Road (ASX:IRD) Business Description

Industry
Traded in Other Exchanges
Address
63 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Iron Road Ltd. is a mineral exploration company, which explores iron ore in Australia. Its projects include the Central Eyre Iron and Gawler Iron. The Central Eyre Iron project consists of three prospects: Warramboo, Kopi, and Hambidge.

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