Largo (TSX:LGO) Buildings And Improvements

: C$329.7 Mil (As of Dec. 2023)

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Largo's quarterly buildings and improvements increased from Jun. 2023 (C$258.8 Mil) to Sep. 2023 (C$259.4 Mil) and increased from Sep. 2023 (C$259.4 Mil) to Dec. 2023 (C$329.7 Mil).

Largo's annual buildings and improvements increased from Dec. 2021 (C$208.9 Mil) to Dec. 2022 (C$253.6 Mil) and increased from Dec. 2022 (C$253.6 Mil) to Dec. 2023 (C$329.7 Mil).

Largo Buildings And Improvements Historical Data

The historical data trend for Largo'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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Largo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

244.76

196.93

208.94

253.62

329.70

Largo Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements																253.62	253.18	258.85	259.44	329.70

Largo 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.

Largo (TSX:LGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Largo Inc (TSX:LGO) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

LGO:USA LR8B:Germany

Address

55 University Avenue, Suite 1105, Toronto, ON, CAN, M5J 2H7

Website

https://www.largoinc.com

Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.