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


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What is QEM Buildings And Improvements?

QEM Buildings And Improvements Historical Data

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

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

QEM Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » QEM Ltd (ASX:QEM) » Definitions » Buildings And Improvements
Comparable Companies
ASX:GAS ASX:BAS ASX:ATS ASX:VEN ASX:AXP ASX:HPR ASX:D3E ASX:PGY ASX:BLU ASX:MMR HKSE:00883 COP TSX:CNQ EOG MIC:NVTK OXY HES FANG EQT TPL
Traded in Other Exchanges
N/A
Address
50 Appel Street, Level 6, Surfers Paradise, Gold Coast, QLD, AUS, 4217
Website
https://www.qldem.com.au
QEM Ltd is engaged in exploring and developing vanadium and oil shale project in the Julia Creek area of North-Western Queensland, Australia.

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