Equinix (WBO:EQIX) Construction In Progress : €0 Mil (As of Mar. 2024)

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What is Equinix Construction In Progress?

Equinix's quarterly construction in progress increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,759 Mil) but then declined from Dec. 2023 (€1,759 Mil) to Mar. 2024 (€0 Mil).

Equinix's annual construction in progress increased from Dec. 2021 (€856 Mil) to Dec. 2022 (€1,128 Mil) and increased from Dec. 2022 (€1,128 Mil) to Dec. 2023 (€1,759 Mil).

Equinix Construction In Progress Historical Data

The historical data trend for Equinix'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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Equinix Construction In Progress Chart

Equinix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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901.89

1,121.14

856.29

1,128.12

1,758.74

Equinix 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															-	-	-	1,758.74	-

Equinix 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.

Equinix (WBO:EQIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equinix Inc (WBO:EQIX) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

EQIX:USA EQN2:Germany EQIX34:Brazil

Address

One Lagoon Drive, Redwood City, CA, USA, 94065

Website

https://www.equinix.com

Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.