SSAB AB (OHEL:SSABAH) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is SSAB AB Construction In Progress?

SSAB AB's annual construction in progress increased from Dec. 2021 (€397 Mil) to Dec. 2022 (€553 Mil) but then declined from Dec. 2022 (€553 Mil) to Dec. 2023 (€0 Mil).

SSAB AB Construction In Progress Historical Data

The historical data trend for SSAB AB'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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SSAB AB Construction In Progress Chart

SSAB AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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306.95

304.01

397.15

552.77

SSAB AB 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															-	-	-	-	-

SSAB AB 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.

SSAB AB (OHEL:SSABAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » SSAB AB (OHEL:SSABAH) » Definitions » Construction In Progress

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Traded in Other Exchanges

SSAAY:USA SSAB B:Sweden SSAB A:Sweden SSABBs:UK SSABAs:UK 0MHZ:UK 0KII:UK SSABBH:Finland SKWA:Germany

Address

Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21

Website

https://www.ssab.com

SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

SSAB AB (OHEL:SSABAH) Headlines

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