EZZ Steel CoE (CAI:ESRS) Construction In Progress : E£2,204 Mil (As of Jun. 2024)

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What is EZZ Steel CoE Construction In Progress?

EZZ Steel CoE's quarterly construction in progress declined from Dec. 2023 (E£2,148 Mil) to Mar. 2024 (E£2,142 Mil) but then increased from Mar. 2024 (E£2,142 Mil) to Jun. 2024 (E£2,204 Mil).

EZZ Steel CoE's annual construction in progress increased from Dec. 2021 (E£1,585 Mil) to Dec. 2022 (E£3,272 Mil) but then declined from Dec. 2022 (E£3,272 Mil) to Dec. 2023 (E£2,148 Mil).

EZZ Steel CoE Construction In Progress Historical Data

The historical data trend for EZZ Steel CoE'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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EZZ Steel CoE Construction In Progress Chart

EZZ Steel CoE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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334.97

212.66

1,585.31

3,272.04

2,147.54

EZZ Steel CoE Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Construction In Progress	Get a 7-Day Free Trial															4,558.81	4,008.71	2,147.54	2,142.12	2,203.59

EZZ Steel CoE 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.

EZZ Steel CoE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » EZZ Steel Co SAE (CAI:ESRS) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cornich El-Nil, Four Seasons Nile Plaza, The Corporate Building, Garden City, Cairo, EGY, 1089

Website

https://www.ezzsteel.com

EZZ Steel Co SAE is an Egypt-based company that manufactures and distributes long and flat steel products. The company's long products, including rebar and wire rod, are employed in applications including concrete reinforcement bars, nails, bolts, tacks, welding tools, electrical components, wire mesh, and others. The company's flat products are applied in automotive components, suspension parts, wheels, containers, gas cylinders, and others.

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