Nickel Industries (ASX:NIC) Construction In Progress : A$0 Mil (As of Dec. 2023)

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What is Nickel Industries Construction In Progress?

Nickel Industries's quarterly construction in progress declined from Dec. 2022 (A$1,056 Mil) to Jun. 2023 (A$0 Mil) but then increased from Jun. 2023 (A$0 Mil) to Dec. 2023 (A$0 Mil).

Nickel Industries's annual construction in progress increased from Dec. 2021 (A$1,014 Mil) to Dec. 2022 (A$1,056 Mil) but then declined from Dec. 2022 (A$1,056 Mil) to Dec. 2023 (A$0 Mil).

Nickel Industries Construction In Progress Historical Data

The historical data trend for Nickel Industries'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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Nickel Industries Construction In Progress Chart

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

1,013.91

1,056.31

0.33

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial							1,013.91	-	1,056.31	-	0.33

Nickel Industries 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.

Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.