RHI Magnesita NV (RHI Magnesita NV) Construction In Progress : $291 Mil (As of Dec. 2023)

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What is RHI Magnesita NV Construction In Progress?

RHI Magnesita NV's quarterly construction in progress declined from Dec. 2022 ($245 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($291 Mil).

RHI Magnesita NV's annual construction in progress increased from Dec. 2021 ($237 Mil) to Dec. 2022 ($245 Mil) and increased from Dec. 2022 ($245 Mil) to Dec. 2023 ($291 Mil).

RHI Magnesita NV Construction In Progress Historical Data

The historical data trend for RHI Magnesita NV'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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RHI Magnesita NV Construction In Progress Chart

RHI Magnesita NV Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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192.78

200.61

236.95

245.34

291.17

RHI Magnesita NV Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial									236.95	-	245.34	-	291.17

RHI Magnesita NV 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.

RHI Magnesita NV (RHI Magnesita NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RHI Magnesita NV (OTCPK:RMGNF) » Definitions » Construction In Progress

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Traded in Other Exchanges

RHIMl:UK RHIM:UK RHF:Germany RHIM:Austria

Address

Kranichberggasse 6, Vienna, AUT, 1120

Website

https://www.rhimagnesita.com

RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (RHI Magnesita NV) Headlines

From GuruFocus

RHI Magnesita: Steady Earnings and Progress on Deleveraging

By The City Letter • 07-26-2023

RHI Magnesita: A Bet on Industrial Production

By The City Letter • 04-20-2023