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Citigold (ASX:CTO) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Citigold Buildings And Improvements?

Citigold Buildings And Improvements Historical Data

The historical data trend for Citigold'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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Citigold Buildings And Improvements Chart

Citigold Annual Data
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Buildings And Improvements
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Citigold Semi-Annual Data
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Citigold 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.

Citigold (ASX:CTO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Citigold Corp Ltd (ASX:CTO) » Definitions » Buildings And Improvements
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Traded in Other Exchanges
CHP:Germany
Address
1024 Ann Street, Level 1, Fortitude Valley, Brisbane, QLD, AUS, 4006
Website
https://www.citigold.com
Citigold Corp Ltd is a gold mining, exploration, and development company. It is engaged in the mining and exploratory activities of the Charters Towers goldfield located in northeast Australia. The main asset of the company is the Charters Towers Gold Project comprising the gold deposit. The majority of the investment is in the development of goldfield.