Novo Resources (TSX:NVO) Buildings And Improvements : C$0.00 Mil (As of Dec. 2023)

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What is Novo Resources Buildings And Improvements?

Novo Resources's quarterly buildings and improvements declined from Jun. 2023 (C$4.95 Mil) to Sep. 2023 (C$4.90 Mil) and declined from Sep. 2023 (C$4.90 Mil) to Dec. 2023 (C$0.00 Mil).

Novo Resources's annual buildings and improvements increased from Dec. 2021 (C$4.77 Mil) to Dec. 2022 (C$5.16 Mil) but then declined from Dec. 2022 (C$5.16 Mil) to Dec. 2023 (C$0.00 Mil).

Novo Resources Buildings And Improvements Historical Data

The historical data trend for Novo 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.

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Novo Resources Buildings And Improvements Chart

Novo Resources Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Dec21

Dec22

Dec23

Buildings And Improvements

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4.77

5.16

Novo Resources Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Buildings And Improvements	Get a 7-Day Free Trial															5.16	5.08	4.95	4.90	-

Novo 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.

Novo Resources (TSX:NVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (TSX:NVO) » Definitions » Buildings And Improvements

Comparable Companies

Traded in Other Exchanges

NSRPF:USA 1NO:Germany NVO:Australia

Address

1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.novoresources.com

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.