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CDUTF.PFD (Canadian Utilities) Construction In Progress : $590 Mil (As of Sep. 2024)


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What is Canadian Utilities Construction In Progress?

Canadian Utilities's quarterly construction in progress increased from Mar. 2024 ($456 Mil) to Jun. 2024 ($487 Mil) and increased from Jun. 2024 ($487 Mil) to Sep. 2024 ($590 Mil).

Canadian Utilities's annual construction in progress increased from Dec. 2021 ($337 Mil) to Dec. 2022 ($554 Mil) but then declined from Dec. 2022 ($554 Mil) to Dec. 2023 ($373 Mil).

Canadian Utilities Construction In Progress Historical Data

The historical data trend for Canadian Utilities'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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Canadian Utilities Construction In Progress Chart

Canadian Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 530.79 441.88 336.72 553.55 372.69

Canadian Utilities Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 633.36 372.69 455.82 487.41 589.84

Canadian Utilities 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.

Canadian Utilities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Canadian Utilities Ltd (OTCPK:CDUTF.PFD) » Definitions » Construction In Progress
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Traded in Other Exchanges
CNAUF.PFD:USA CDUAF:USA CUD:Germany CU.PR.I.PFD:Canada CU.PR.H.PFD:Canada CU.PR.G.PFD:Canada CU.PR.F.PFD:Canada CU.PR.E.PFD:Canada CU.PR.D.PFD:Canada CU.PR.C.PFD:Canada CU:Canada
Address
5302 Forand Street South West, 4th Floor, West Building, Corporate Governance & Secretarial, Calgary, AB, CAN, T3E 8B4
Website
https://www.canadianutilities.com
Canadian Utilities Ltd, a subsidiary of holding company Atco, offers gas and electricity services. The company is engaged in Atco Energy systems and its Energy Infrastructure operating segment to ATCO EnPower. Headquartered in Calgary, Alberta, the firm mainly operates in Canada, Australia, and others. The company generates maximum revenue from Canada. Canadian Utilities launched a large venture called Atco Energy, which provides low-cost and sustainable energy solutions for Alberta.