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GuruFocus has detected 2 Warning Signs with Carnival Corp $CCL.
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Carnival Corp (NYSE:CCL)
Construction In Progress
$0 Mil (As of Aug. 2016)

Carnival Corp's annual construction in progress increased from Nov. 2013 ($535 Mil) to Nov. 2014 ($536 Mil) but then declined from Nov. 2014 ($536 Mil) to Nov. 2015 ($0 Mil).


Definition

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Carnival Corp Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
ConstructionInProgress 1,65570777069652638053553600

Carnival Corp Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
ConstructionInProgress 053600000000
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