Market Cap : 1.63 B | Enterprise Value : 2.75 B | P/E (TTM) : 2.32 | P/B : 0.67 |
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Euronav NV's quarterly construction in progress increased from Mar. 2020 ($101 Mil) to Jun. 2020 ($120 Mil) and increased from Jun. 2020 ($120 Mil) to Sep. 2020 ($131 Mil).
Euronav NV's annual construction in progress declined from Dec. 2017 ($64 Mil) to Dec. 2018 ($0 Mil) but then stayed the same from Dec. 2018 ($0 Mil) to Dec. 2019 ($0 Mil).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
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.
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