GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Buildings And Improvements

Sorrento Resources (XCNQ:SRS) Buildings And Improvements : C$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Sorrento Resources Buildings And Improvements?


Sorrento Resources Buildings And Improvements Historical Data

The historical data trend for Sorrento Resources'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.

* Premium members only.

Sorrento Resources Buildings And Improvements Chart

Sorrento Resources Annual Data
Trend Jun22 Jun23
Buildings And Improvements
- -

Sorrento Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only - - - - -

Sorrento Resources 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.


Sorrento Resources (XCNQ:SRS) Business Description

Traded in Other Exchanges
Address
9285 - 203B Street, Langley, BC, CAN, V1M 2L9
Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.
Executives
Blair Lawrence Naughty 10% Security Holder

Sorrento Resources (XCNQ:SRS) Headlines