CNLPL.PFD (The Connecticut Light & Power Co) Construction In Progress: $483.00 Mil (As of Dec. 2019)


What is The Connecticut Light & Power Co Construction In Progress?

The Connecticut Light & Power Co CNLPL.PFD Construction In Progress is $483.00 Mil as of Dec. 2019. The stock has 2 warning signs investors should review.

The Connecticut Light & Power Co's quarterly construction in progress increased from Jun. 2019 ($0.00 Mil) to Sep. 2019 ($470.80 Mil) and increased from Sep. 2019 ($470.80 Mil) to Dec. 2019 ($483.00 Mil).

The Connecticut Light & Power Co's annual construction in progress declined from Dec. 2017 ($381.80 Mil) to Dec. 2018 ($335.40 Mil) but then increased from Dec. 2018 ($335.40 Mil) to Dec. 2019 ($483.00 Mil).

The Connecticut Light & Power Co Construction In Progress Historical Data

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The historical data trend for The Connecticut Light & Power Co'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.

The Connecticut Light & Power Co Construction In Progress Chart

The Connecticut Light & Power Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 203.50 239.00 381.80 335.40 483.00

The Connecticut Light & Power Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 335.40 0.00 0.00 470.80 483.00

The Connecticut Light & Power Co 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 $483.00 Mil mean?
The Connecticut Light & Power Co (CNLPL.PFD) has a Construction In Progress of $483.00 Mil as of Dec. 2019. Construction in Progress records the amount of construction work that is not complete. View historical data on The Connecticut Light & Power Co and its competitors.
Is The Connecticut Light & Power Co's Construction In Progress too high?
The Connecticut Light & Power Co's current Construction In Progress is $483.00 Mil.
How does The Connecticut Light & Power Co's Construction In Progress compare to RSERF and EUSP?
The Connecticut Light & Power Co's Construction In Progress of $483.00 Mil can be compared against companies in the Utilities - Regulated 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 an Utilities - Regulated company?
A good Construction In Progress depends on the Utilities - Regulated 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 The Connecticut Light & Power Co and its competitors. The Connecticut Light & Power Co's current Construction In Progress is $483.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Connecticut Light & Power Co stock overvalued right now?
The Connecticut Light & Power Co (CNLPL.PFD) has a current Construction In Progress of $483.00 Mil. The current Construction In Progress is $483.00 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 The Connecticut Light & Power Co (CNLPL.PFD), the current Construction In Progress is $483.00 Mil as of Dec. 2019. 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.

The Connecticut Light & Power Co Business Description

Address 107 Selden Street, Berlin, CT, USA, 06037-1616
The Connecticut Light & Power Co is a regulated electric utility that serves residential, commercial, and industrial customers in parts of Connecticut. Its business consists of the purchase, delivery, and sale of electricity to residential, commercial, and industrial customers. The company has four segments: Electric Distribution Segment, Electric Transmission Segment, Natural Gas Distribution Segment, and Water Distribution Segment. The majority of revenue is gained from the Electric Transmission Segment.