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Meggitt (LSE:MGGT) Construction In Progress : £0 Mil (As of Jun. 2022)


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What is Meggitt Construction In Progress?

Meggitt Construction In Progress Historical Data

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

Meggitt Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Construction In Progress
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Meggitt Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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Meggitt 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.

Meggitt (LSE:MGGT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Meggitt PLC (LSE:MGGT) » Definitions » Construction In Progress
Comparable Companies
LSE:RR. LSE:QQ. LSE:CHG LSE:SNR LSE:AVON LSE:CHRT LSE:MSI LSE:HARL LSE:VEL LSE:BA. RTX LMT BA NOC XPAR:AIR GD LHX XPAR:SAF TDG XPAR:HO
Traded in Other Exchanges
N/A
Address
Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU
Website
https://www.meggitt.com
Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Meggitt (LSE:MGGT) Headlines

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