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


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What is Red Metal Buildings And Improvements?


Red Metal Buildings And Improvements Historical Data

The historical data trend for Red Metal'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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Red Metal Buildings And Improvements Chart

Red Metal Annual Data
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Buildings And Improvements
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Red Metal Semi-Annual Data
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Red Metal 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.


Red Metal Business Description

Traded in Other Exchanges
N/A
Address
323 Castlereagh Street, Level 15, Sydney, NSW, AUS, 2000
Red Metal Ltd is a minerals exploration company. The company explores for copper, copper-gold, copper-nickel and silver-lead zinc deposits. The company owns projects in Sybella REO Discovery Northwest QLD, Paterson Province WA, Carpentaria Province QLD, Gawler Craton and Curnamona Province SA, Pilbara Craton WA, Coompana and Madura Provinces Nullarbor Project WA, and others. It operates in the mining industry in Australia.

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