Trinidad Drilling (TSX:TDG) Buildings And Improvements : C$16.9 Mil (As of Sep. 2018)

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What is Trinidad Drilling Buildings And Improvements?

Trinidad Drilling's quarterly buildings and improvements increased from Mar. 2018 (C$31.4 Mil) to Jun. 2018 (C$31.8 Mil) but then declined from Jun. 2018 (C$31.8 Mil) to Sep. 2018 (C$16.9 Mil).

Trinidad Drilling's annual buildings and improvements declined from Dec. 2015 (C$54.2 Mil) to Dec. 2016 (C$53.5 Mil) and declined from Dec. 2016 (C$53.5 Mil) to Dec. 2017 (C$30.8 Mil).

Trinidad Drilling Buildings And Improvements Historical Data

The historical data trend for Trinidad Drilling'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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Trinidad Drilling Buildings And Improvements Chart

Trinidad Drilling Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Buildings And Improvements

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46.31

50.14

54.20

53.52

30.80

Trinidad Drilling Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Buildings And Improvements	Get a 7-Day Free Trial															51.70	30.80	31.36	31.79	16.86

Trinidad Drilling 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.

Trinidad Drilling (TSX:TDG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trinidad Drilling Ltd (TSX:TDG) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.trinidaddrilling.com

Trinidad Drilling Ltd is a Canadian company which is engaged in providing drilling services to the oil and natural gas industry. The company's operating segments are Canadian operations which include land drilling services; US and international operations which include land and barge drilling services located in both the US and international markets, excluding all joint venture operations; Joint venture operations which include all international joint venture operations; and Manufacturing operations include manufacturing work performed in each of the Canadian and US manufacturing divisions. The majority of the company's revenue comes from oilfield services.