Rio2 (LIM:RIO) Buildings And Improvements : $0.00 Mil (As of Mar. 2024)

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What is Rio2 Buildings And Improvements?

Rio2's quarterly buildings and improvements declined from Jun. 2023 ($0.53 Mil) to Sep. 2023 ($0.48 Mil) and declined from Sep. 2023 ($0.48 Mil) to Mar. 2024 ($0.00 Mil).

Rio2's annual buildings and improvements declined from Dec. 2020 ($0.50 Mil) to Dec. 2021 ($0.49 Mil) but then increased from Dec. 2021 ($0.49 Mil) to Dec. 2022 ($0.70 Mil).

Rio2 Buildings And Improvements Historical Data

The historical data trend for Rio2'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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Rio2 Buildings And Improvements Chart

Rio2 Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Buildings And Improvements

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0.50

0.49

0.70

Rio2 Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Buildings And Improvements	Get a 7-Day Free Trial															0.70	0.65	0.53	0.48	-

Rio2 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.

Rio2 (LIM:RIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio2 Ltd (LIM:RIO) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

RIOFF:USA 1SB:Germany RIO:Canada

Address

355 Burrard Street, Suite 1000, The Marine Building, Vancouver, BC, CAN, V6C 2G8

Website

https://www.rio2.com

Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile. The Company has four operating segments in four geographic areas which is the corporate office in Canada, the financing of the Fenix Gold Project in the Bahamas the support of the Fenix Gold Project in Peru, and the development of the Fenix Gold Project in Chile.