Formcap (Formcap) Buildings And Improvements : $0.00 Mil (As of Jun. 2017)

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What is Formcap Buildings And Improvements?

Formcap Buildings And Improvements Historical Data

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

Formcap Annual Data

Trend

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Buildings And Improvements

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Formcap Quarterly Data
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Buildings And Improvements	Get a 7-Day Free Trial															-	-	-	-	-

Formcap 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.

Formcap (Formcap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formcap Corp (GREY:FRMC) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

http://www.formcapcorp.com

Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower US states, primarily targeting the Mississippian formation in southeast Kansas.

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