Metlifecare (ASX:MEQ) Construction In Progress: A$1.71 Mil (As of Jun. 2020)


What is Metlifecare Construction In Progress?

Metlifecare ASX:MEQ 4 Construction In Progress is A$1.71 Mil as of Jun. 2020. GuruFocus rates ASX:MEQ with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.

Metlifecare's quarterly construction in progress stayed the same from Jun. 2019 (A$0.00 Mil) to Dec. 2019 (A$0.00 Mil) but then increased from Dec. 2019 (A$0.00 Mil) to Jun. 2020 (A$1.71 Mil).

Metlifecare's annual construction in progress declined from Jun. 2018 (A$5.84 Mil) to Jun. 2019 (A$0.00 Mil) but then increased from Jun. 2019 (A$0.00 Mil) to Jun. 2020 (A$1.71 Mil).

Metlifecare Construction In Progress Historical Data

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The historical data trend for Metlifecare'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.

Metlifecare Construction In Progress Chart

Metlifecare Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.76 11.79 5.84 0.00 1.71

Metlifecare Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 5.84 0.00 0.00 0.00 1.71

Metlifecare 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 A$1.71 Mil mean?
Metlifecare (ASX:MEQ) has a Construction In Progress of A$1.71 Mil as of Jun. 2020. Construction in Progress records the amount of construction work that is not complete. View historical data on Metlifecare and its competitors.
Is Metlifecare's Construction In Progress too high?
Metlifecare's current Construction In Progress is A$1.71 Mil. Overall, Metlifecare has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Metlifecare's Construction In Progress compare to HCA and DVA?
Metlifecare's Construction In Progress of A$1.71 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Construction In Progress depends on the Healthcare Providers & Services 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 Metlifecare and its competitors. Metlifecare's current Construction In Progress is A$1.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metlifecare stock overvalued right now?
Metlifecare (ASX:MEQ) has a current Construction In Progress of A$1.71 Mil. The current Construction In Progress is A$1.71 Mil. Metlifecare's overall GF Score™ is 4/100 with 8 warning signs to review. 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 Metlifecare (ASX:MEQ), the current Construction In Progress is A$1.71 Mil as of Jun. 2020. 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.

Metlifecare Business Description

Address 20 Kent Street, Level 4, Newmarket, Auckland, NTL, NZL, 1023
Metlifecare Ltd operates retirement communities throughout New Zealand. It generates revenue from membership fees and rest home, hospital and service, and village fees. Metlifecare's membership fees are paid by residents of independent living units and serviced apartments and allow residents to use common facilities. Its largest single customer is the New Zealand government, which pays fees on behalf of residents eligible for government subsidized elderly care. The majority of Metlifecare's retirement villages are located in Auckland.