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Magellan Energy (Magellan Energy) Buildings And Improvements : $0.00 Mil (As of . 20)


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What is Magellan Energy Buildings And Improvements?


Magellan Energy Buildings And Improvements Historical Data

The historical data trend for Magellan Energy'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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Magellan Energy Buildings And Improvements Chart

Magellan Energy Annual Data
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Buildings And Improvements

Magellan Energy Quarterly Data
Buildings And Improvements

Magellan Energy 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.


Magellan Energy (Magellan Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4
Magellan Energy Ltd is an oil and gas exploration company. The Company is engaged in the extraction and production of small to medium-sized oil and gas properties.

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