Nine Entertainment Co. Holdings (ASX:NEC) Construction In Progress : A$0 Mil (As of Dec. 2023)

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What is Nine Entertainment Co. Holdings Construction In Progress?

Nine Entertainment Co. Holdings's quarterly construction in progress increased from Dec. 2022 (A$0 Mil) to Jun. 2023 (A$7 Mil) but then declined from Jun. 2023 (A$7 Mil) to Dec. 2023 (A$0 Mil).

Nine Entertainment Co. Holdings's annual construction in progress declined from Jun. 2021 (A$4 Mil) to Jun. 2022 (A$2 Mil) but then increased from Jun. 2022 (A$2 Mil) to Jun. 2023 (A$7 Mil).

Nine Entertainment Co. Holdings Construction In Progress Historical Data

The historical data trend for Nine Entertainment Co. 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.

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Nine Entertainment Co. Holdings Construction In Progress Chart

Nine Entertainment Co. Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Construction In Progress

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20.36

77.80

4.23

1.97

7.10

Nine Entertainment Co. Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Construction In Progress	Get a 7-Day Free Trial															-	1.97	-	7.10	-

Nine Entertainment Co. 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.

Nine Entertainment Co. Holdings (ASX:NEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nine Entertainment Co. Holdings Ltd (ASX:NEC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

NEE:Germany

Address

1 Denison Street, Level 9, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.nineforbrands.com.au

Nine Entertainment operates Nine Network, a free-to-air TV network across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns 9Now, a leading broadcast video on demand operation in Australia. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains prominent in the eyes of audiences and advertisers.

Nine Entertainment Co. Holdings (ASX:NEC) Headlines

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