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GuruFocus has detected 1 Warning Sign with Morningstar Inc $MORN.
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Morningstar Inc (NAS:MORN)
Construction In Progress
$0.0 Mil (As of Mar. 2017)

Morningstar Inc's quarterly construction in progress increased from Sep. 2016 ($0.0 Mil) to Dec. 2016 ($9.9 Mil) but then declined from Dec. 2016 ($9.9 Mil) to Mar. 2017 ($0.0 Mil).

Morningstar Inc's annual construction in progress declined from Dec. 2014 ($29.9 Mil) to Dec. 2015 ($11.7 Mil) and declined from Dec. 2015 ($11.7 Mil) to Dec. 2016 ($9.9 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.

Morningstar Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ConstructionInProgress 2.42.10.61.59.013.535.229.911.79.9

Morningstar Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ConstructionInProgress 29.90.00.00.011.70.00.00.09.90.0
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