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CU (TSX:CIU.PR.C.PFD) Construction In Progress : C$473.00 Mil (As of Mar. 2024)


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What is CU Construction In Progress?

CU's quarterly construction in progress declined from Sep. 2023 (C$487.00 Mil) to Dec. 2023 (C$368.00 Mil) but then increased from Dec. 2023 (C$368.00 Mil) to Mar. 2024 (C$473.00 Mil).

CU's annual construction in progress increased from Dec. 2021 (C$324.00 Mil) to Dec. 2022 (C$489.00 Mil) but then declined from Dec. 2022 (C$489.00 Mil) to Dec. 2023 (C$368.00 Mil).

CU Construction In Progress Historical Data

The historical data trend for CU'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.

* Premium members only.

CU Construction In Progress Chart

CU Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 484.00 338.00 324.00 489.00 368.00

CU Quarterly Data
Dec17 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 559.00 536.00 487.00 368.00 473.00

CU 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.

CU (TSX:CIU.PR.C.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CU Inc (TSX:CIU.PR.C.PFD) » Definitions » Construction In Progress
Comparable Companies
TSXV:OEG TSX:JE TSX:SPB TSX:ACO.Y TSX:EMA TSX:CU.X TSX:BIP.UN
Traded in Other Exchanges
CIU.PR.A.PFD:Canada
Address
5302 Forand Street SW, 4th Floor, West Building, Calgary, AB, CAN, T3E 8B4
Website
https://www.canadianutilities.com
CU Inc is engaged in the transmission and distribution of electricity and natural gas. It operates through Electricity and Natural gas segments. The Electricity segment provides regulated electricity transmission, distribution and related infrastructure solutions in northern and central east Alberta, the Yukon and the Northwest Territories. The Natural Gas segment provides integrated natural gas transmission, distribution and related infrastructure development throughout Alberta and in the Lloydminster area of Saskatchewan.

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