AAGR (African Agriculture Holdings) Construction In Progress: $0.75 Mil (As of Mar. 2024)


What is African Agriculture Holdings Construction In Progress?

African Agriculture Holdings AAGR +9,900.00% Construction In Progress is $0.75 Mil as of Mar. 2024.

African Agriculture Holdings's quarterly construction in progress stayed the same from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.00 Mil) but then increased from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.75 Mil).

African Agriculture Holdings Construction In Progress Historical Data

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The historical data trend for African Agriculture Holdings'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.

African Agriculture Holdings Construction In Progress Chart

African Agriculture Holdings Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
0.00 0.00 0.00

African Agriculture Holdings Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Construction In Progress Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.75

African Agriculture Holdings 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.

What does a Construction In Progress of $0.75 Mil mean?
African Agriculture Holdings (AAGR) has a Construction In Progress of $0.75 Mil as of Mar. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on African Agriculture Holdings and its competitors.
Is African Agriculture Holdings' Construction In Progress too high?
African Agriculture Holdings' current Construction In Progress is $0.75 Mil.
How does African Agriculture Holdings' Construction In Progress compare to SHMP and AGRI?
African Agriculture Holdings' Construction In Progress of $0.75 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Consumer Packaged Goods company?
A good Construction In Progress depends on the Consumer Packaged Goods industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on African Agriculture Holdings and its competitors. African Agriculture Holdings's current Construction In Progress is $0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Agriculture Holdings stock overvalued right now?
African Agriculture Holdings (AAGR) has a current Construction In Progress of $0.75 Mil. The current Construction In Progress is $0.75 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For African Agriculture Holdings (AAGR), the current Construction In Progress is $0.75 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

African Agriculture Holdings Business Description

Address 445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
African Agriculture Holdings Inc is a holding company that operates principally through its wholly-owned subsidiary, which is developing the company's initial commercial farming business based in northern Senegal focusing on the production and sale of alfalfa for cattle feed and nutrition purposes. The company will sell alfalfa to owners and suppliers of cattle for feed and nutritional purposes in Senegal and the surrounding regions in Africa, the Economic Community of West African States (ECOWAS) region and the Middle East.