NKT A/S (LTS:0MGC) Construction In Progress : kr0 Mil (As of Mar. 2024)

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What is NKT A/S Construction In Progress?

NKT A/S's quarterly construction in progress increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr1,498 Mil) but then declined from Dec. 2023 (kr1,498 Mil) to Mar. 2024 (kr0 Mil).

NKT A/S's annual construction in progress increased from Dec. 2021 (kr1,429 Mil) to Dec. 2022 (kr1,559 Mil) but then declined from Dec. 2022 (kr1,559 Mil) to Dec. 2023 (kr1,498 Mil).

NKT A/S Construction In Progress Historical Data

The historical data trend for NKT A/S'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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NKT A/S Construction In Progress Chart

NKT A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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180.77

419.60

1,429.23

1,558.58

1,498.14

NKT A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Construction In Progress	Get a 7-Day Free Trial															-	-	-	1,498.14	-

NKT A/S 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.

NKT A/S (LTS:0MGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT A/S (LTS:0MGC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

NRKBF:USA NKTc:UK NKT:Denmark NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT A/S is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.

NKT A/S (LTS:0MGC) Headlines

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