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Lotus Ventures (XCNQ:J) Buildings And Improvements : C$12.79 Mil (As of Aug. 2023)


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What is Lotus Ventures Buildings And Improvements?

Lotus Ventures's quarterly buildings and improvements stayed the same from Feb. 2023 (C$12.79 Mil) to May. 2023 (C$12.79 Mil) and stayed the same from May. 2023 (C$12.79 Mil) to Aug. 2023 (C$12.79 Mil).

Lotus Ventures's annual buildings and improvements increased from Aug. 2020 (C$12.35 Mil) to Aug. 2021 (C$12.79 Mil) but then stayed the same from Aug. 2021 (C$12.79 Mil) to Aug. 2022 (C$12.79 Mil).


Lotus Ventures Buildings And Improvements Historical Data

The historical data trend for Lotus Ventures'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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Lotus Ventures Buildings And Improvements Chart

Lotus Ventures Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 12.35 12.35 12.79 12.79

Lotus Ventures Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.79 12.79 12.79 12.79 12.79

Lotus Ventures 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.


Lotus Ventures (XCNQ:J) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 2Y3
Lotus Ventures Inc is a licensed cannabis producer that serves customers in Canada. The company created a purpose-built facility with proprietary standard operating procedures to reliably produce rare and high-quality strains of cannabis for consumers looking for a consistent experience.
Executives
Gary Kenneth Mathiesen Senior Officer