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Accelerate Resources (ASX:AX8) Buildings And Improvements : A$0.00 Mil (As of Dec. 2024)


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What is Accelerate Resources Buildings And Improvements?


Accelerate Resources Buildings And Improvements Historical Data

The historical data trend for Accelerate Resources'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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Accelerate Resources Buildings And Improvements Chart

Accelerate Resources Annual Data
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Buildings And Improvements
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Accelerate Resources Semi-Annual Data
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Accelerate Resources 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.


Accelerate Resources Business Description

Traded in Other Exchanges
N/A
Address
16 Ord Street, Suite 1, Ground Floor, Unit G1, West Perth, Perth, WA, AUS, 6005
Accelerate Resources Ltd is an Australia-based company engaged in the business of investment in the resources sector. It focuses on Manganese, lithium and other minerals exploration. The company's projects include Comet gold project, Pilbara lithium project, Braeside West and Ripon Hills East Manganese Projects and Mt Read Project. The Group has organised its operations into one reportable segment being: Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves.

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