ALID (Allied) Construction In Progress: $0.43 Mil (As of Nov. 2024)


What is Allied Construction In Progress?

Allied ALID -99.80% Construction In Progress is $0.43 Mil as of Nov. 2024.

Allied's quarterly construction in progress declined from May. 2024 ($0.48 Mil) to Aug. 2024 ($0.44 Mil) and declined from Aug. 2024 ($0.44 Mil) to Nov. 2024 ($0.43 Mil).

Allied's annual construction in progress declined from Aug. 2022 ($3.18 Mil) to Aug. 2023 ($0.46 Mil) and declined from Aug. 2023 ($0.46 Mil) to Aug. 2024 ($0.44 Mil).

Allied Construction In Progress Historical Data

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The historical data trend for Allied'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.

Allied Construction In Progress Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Construction In Progress
Get a 7-Day Free Trial 2.97 3.03 3.18 0.46 0.44

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 0.46 0.47 0.48 0.44 0.43

Allied 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 $0.43 Mil mean?
Allied (ALID) has a Construction In Progress of $0.43 Mil as of Nov. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on Allied and its competitors.
Is Allied's Construction In Progress too high?
Allied's current Construction In Progress is $0.43 Mil.
How does Allied's Construction In Progress compare to CBDY and PLSH?
Allied's Construction In Progress of $0.43 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers 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 Allied and its competitors. Allied's current Construction In Progress is $0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Construction In Progress of $0.43 Mil. The current Construction In Progress is $0.43 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 Allied (ALID), the current Construction In Progress is $0.43 Mil as of Nov. 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.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.