ALTD (Altitude International Holdings) Construction In Progress: $1.48 Mil (As of Dec. 2022)


What is Altitude International Holdings Construction In Progress?

Altitude International Holdings ALTD Construction In Progress is $1.48 Mil as of Dec. 2022.

Altitude International Holdings's quarterly construction in progress increased from Jun. 2022 ($0.00 Mil) to Sep. 2022 ($1.12 Mil) and increased from Sep. 2022 ($1.12 Mil) to Dec. 2022 ($1.48 Mil).

Altitude International Holdings's annual construction in progress stayed the same from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($1.48 Mil).


Altitude International Holdings Construction In Progress Historical Data

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The historical data trend for Altitude International 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.

Altitude International Holdings Construction In Progress Chart

Altitude International Holdings Annual Data
Trend Dec20 Dec21 Dec22
Construction In Progress
0.00 0.00 1.48

Altitude International Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.12 1.48

Altitude International 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 $1.48 Mil mean?
Altitude International Holdings (ALTD) has a Construction In Progress of $1.48 Mil as of Dec. 2022. Construction in Progress records the amount of construction work that is not complete. View historical data on Altitude International Holdings and its competitors.
Is Altitude International Holdings' Construction In Progress too high?
Altitude International Holdings' current Construction In Progress is $1.48 Mil.
How does Altitude International Holdings' Construction In Progress compare to CNXA and BTDG?
Altitude International Holdings' Construction In Progress of $1.48 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure 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 Altitude International Holdings and its competitors. Altitude International Holdings's current Construction In Progress is $1.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altitude International Holdings stock overvalued right now?
Altitude International Holdings (ALTD) has a current Construction In Progress of $1.48 Mil. The current Construction In Progress is $1.48 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 Altitude International Holdings (ALTD), the current Construction In Progress is $1.48 Mil as of Dec. 2022. 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.

Altitude International Holdings Business Description

Address 4500 SE Pine Valley Street, Port Saint Lucie, FL, USA, 34952
Altitude International Holdings Inc is a vertically integrated high-performance sports, education, and technology company. It owns and operates sports training and educational institutions, manufacture oxygen training chambers and manufacture atmospheric water generators.