Abu Dhabi Ship Building PJSC (ADX:ADSB) Construction In Progress: د.إ2 Mil (As of Dec. 2023)

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ADX:ADSB Abu Dhabi Ship Building PJSC ADX:ADSB
5 GF Score
Price د.إ7.91
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What is Abu Dhabi Ship Building PJSC Construction In Progress?

Abu Dhabi Ship Building PJSC ADX:ADSB -1.13% 5 Construction In Progress is د.إ2 Mil as of Dec. 2023. GuruFocus rates ADX:ADSB with a GF Score™ of 5/100.

Abu Dhabi Ship Building PJSC's quarterly construction in progress increased from Dec. 2021 (د.إ1 Mil) to Dec. 2022 (د.إ3 Mil) but then declined from Dec. 2022 (د.إ3 Mil) to Dec. 2023 (د.إ2 Mil).

Abu Dhabi Ship Building PJSC's annual construction in progress increased from Dec. 2021 (د.إ1 Mil) to Dec. 2022 (د.إ3 Mil) but then declined from Dec. 2022 (د.إ3 Mil) to Dec. 2023 (د.إ2 Mil).


Abu Dhabi Ship Building PJSC Construction In Progress Historical Data

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The historical data trend for Abu Dhabi Ship Building PJSC'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.

Abu Dhabi Ship Building PJSC Construction In Progress Chart

Abu Dhabi Ship Building PJSC 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 0.39 1.63 1.35 2.51 2.35

Abu Dhabi Ship Building PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 1.63 1.35 2.51 2.35
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Abu Dhabi Ship Building PJSC ADX:ADSB
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Abu Dhabi Ship Building PJSC 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 د.إ2 Mil mean?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a Construction In Progress of د.إ2 Mil as of Dec. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Abu Dhabi Ship Building PJSC and its competitors.
Is Abu Dhabi Ship Building PJSC's Construction In Progress too high?
Abu Dhabi Ship Building PJSC's current Construction In Progress is د.إ2 Mil. Overall, Abu Dhabi Ship Building PJSC has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Abu Dhabi Ship Building PJSC's Construction In Progress compare to GE and RTX?
Abu Dhabi Ship Building PJSC's Construction In Progress of د.إ2 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Construction In Progress depends on the Aerospace & Defense 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 Abu Dhabi Ship Building PJSC and its competitors. Abu Dhabi Ship Building PJSC's current Construction In Progress is د.إ2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abu Dhabi Ship Building PJSC stock overvalued right now?
Abu Dhabi Ship Building PJSC (ADX:ADSB) has a current Construction In Progress of د.إ2 Mil. The current Construction In Progress is د.إ2 Mil. Abu Dhabi Ship Building PJSC's overall GF Score™ is 5/100. 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 Abu Dhabi Ship Building PJSC (ADX:ADSB), the current Construction In Progress is د.إ2 Mil as of Dec. 2023. 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.

Abu Dhabi Ship Building PJSC Business Description

Address Musafah Industrial Area, P.O. Box 8922, Abu Dhabi, ARE
Abu Dhabi Ship Building PJSC is a shipbuilder and support services contractor locally and internationally. Its operating segments include New Build and Engineering; Small Boats; Military Repairs and Maintenance; Commercial Repairs and Maintenance and Combat System Integration. It generates maximum revenue from the New Build and Engineering services segment. It provides the design, engineering, research and development, construction, commissioning, test and trials, ILS, upgrades, conversions, and consultancy services for military, commercial, and leisure vessels in any construction material.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ7.91
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