TerraCom (ASX:TER) Construction In Progress : A$0.0 Mil (As of Dec. 2023)

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What is TerraCom Construction In Progress?

TerraCom's quarterly construction in progress increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$4.5 Mil) but then declined from Jun. 2023 (A$4.5 Mil) to Dec. 2023 (A$0.0 Mil).

TerraCom's annual construction in progress declined from Jun. 2021 (A$20.5 Mil) to Jun. 2022 (A$1.0 Mil) but then increased from Jun. 2022 (A$1.0 Mil) to Jun. 2023 (A$4.5 Mil).

TerraCom Construction In Progress Historical Data

The historical data trend for TerraCom's Construction In Progress 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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TerraCom Construction In Progress Chart

TerraCom Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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0.47

27.80

20.47

1.05

4.50

TerraCom Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	1.05	-	4.50	-

TerraCom Construction In Progress Calculation

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.

TerraCom (ASX:TER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » TerraCom Ltd (ASX:TER) » Definitions » Construction In Progress

Traded in Other Exchanges

TERCF:USA 2GF:Germany

Address

Blair Athol Mine Access Road, Clermont, QLD, AUS, 4721

Website

https://www.terracomresources.com

TerraCom Ltd is a miner of thermal and coking coal with development projects in Queensland, Australia. Its projects in Australia include Hughenden, Pentland, Northern Galilee, Berenice Project, Cygnus Project, Springsure and others. Business operating segments includes Australia, South Africa, and Corporate segments. Geographically, the company generates maximum revenue from Australia. Firms' mainstream revenue is generated from customers like Eskom, Glencore, Vitol Asia and Others.