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SURMF (Surface Metals) Buildings And Improvements : $0.07 Mil (As of Mar. 2025)


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What is Surface Metals Buildings And Improvements?

Surface Metals's quarterly buildings and improvements declined from Sep. 2024 ($0.09 Mil) to Dec. 2024 ($0.08 Mil) and declined from Dec. 2024 ($0.08 Mil) to Mar. 2025 ($0.07 Mil).

Surface Metals's annual buildings and improvements increased from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($0.12 Mil) but then declined from Sep. 2023 ($0.12 Mil) to Sep. 2024 ($0.09 Mil).

Surface Metals Buildings And Improvements Historical Data

The historical data trend for Surface 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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Surface Metals Buildings And Improvements Chart

Surface Metals Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Buildings And Improvements
Get a 7-Day Free Trial - - - 0.12 0.09

Surface Metals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.10 0.09 0.09 0.08 0.07

Surface 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.

Surface Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Surface Metals Inc (OTCPK:SURMF) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
SUR:Canada
Address
318 - 1199 West Pender Street, Vancouver, BC, CAN, V6E 2R1
Website
https://www.acmelithium.com
Surface Metals Inc formerly ACME Lithium Inc is a mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties located in the State of Nevada, USA, and Manitoba, Canada. The company's projects include Clayton valley, Fish lake valley, Shatford lake, Cat-Euclid lake, Birse lake, and Bailey lake.