Iridium Communications (STU:6IC) Construction In Progress : €0.0 Mil (As of Mar. 2024)

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What is Iridium Communications Construction In Progress?

Iridium Communications's quarterly construction in progress increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€239.6 Mil) but then declined from Dec. 2023 (€239.6 Mil) to Mar. 2024 (€0.0 Mil).

Iridium Communications's annual construction in progress increased from Dec. 2021 (€36.6 Mil) to Dec. 2022 (€295.3 Mil) but then declined from Dec. 2022 (€295.3 Mil) to Dec. 2023 (€239.6 Mil).

Iridium Communications Construction In Progress Historical Data

The historical data trend for Iridium Communications'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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Iridium Communications Construction In Progress Chart

Iridium Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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42.43

45.40

36.64

295.28

239.55

Iridium Communications 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															-	-	-	239.55	-

Iridium Communications 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.

Iridium Communications (STU:6IC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Iridium Communications Inc (STU:6IC) » Definitions » Construction In Progress

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Traded in Other Exchanges

IRDM:USA 6IC:Germany

Address

1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102

Website

https://www.iridium.com

Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.

Iridium Communications (STU:6IC) Headlines

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