Market Cap : 48.48 B | Enterprise Value : 161.64 B | PE Ratio : | PB Ratio : 1.58 |
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Ford Motor Co's quarterly construction in progress stayed the same from Jun. 2020 ($0 Mil) to Sep. 2020 ($0 Mil) but then increased from Sep. 2020 ($0 Mil) to Dec. 2020 ($1,718 Mil).
Ford Motor Co's annual construction in progress declined from Dec. 2018 ($2,066 Mil) to Dec. 2019 ($1,710 Mil) but then increased from Dec. 2019 ($1,710 Mil) to Dec. 2020 ($1,718 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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