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Richmond Vanadium Technology (ASX:RVT) Buildings And Improvements : A$0.00 Mil (As of Dec. 2023)


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What is Richmond Vanadium Technology Buildings And Improvements?


Richmond Vanadium Technology Buildings And Improvements Historical Data

The historical data trend for Richmond Vanadium Technology'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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Richmond Vanadium Technology Buildings And Improvements Chart

Richmond Vanadium Technology Annual Data
Trend Jun22 Jun23
Buildings And Improvements
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Richmond Vanadium Technology Semi-Annual Data
Dec22 Jun23 Dec23
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Richmond Vanadium Technology 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.


Richmond Vanadium Technology (ASX:RVT) Business Description

Traded in Other Exchanges
N/A
Address
251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000
Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.