EVLO (Evelo Biosciences) Construction In Progress: $0.09 Mil (As of Sep. 2023)


What is Evelo Biosciences Construction In Progress?

Evelo Biosciences EVLO -99.00% Construction In Progress is $0.09 Mil as of Sep. 2023.

Evelo Biosciences's quarterly construction in progress increased from Mar. 2023 ($0.00 Mil) to Jun. 2023 ($0.28 Mil) but then declined from Jun. 2023 ($0.28 Mil) to Sep. 2023 ($0.09 Mil).

Evelo Biosciences's annual construction in progress increased from Dec. 2020 ($1.08 Mil) to Dec. 2021 ($1.32 Mil) but then declined from Dec. 2021 ($1.32 Mil) to Dec. 2022 ($1.12 Mil).

Evelo Biosciences Construction In Progress Historical Data

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The historical data trend for Evelo Biosciences'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.

Evelo Biosciences Construction In Progress Chart

Evelo Biosciences Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Construction In Progress
Get a 7-Day Free Trial 1.01 1.59 1.08 1.32 1.12

Evelo Biosciences Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 1.12 0.00 0.28 0.09

Evelo Biosciences 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 $0.09 Mil mean?
Evelo Biosciences (EVLO) has a Construction In Progress of $0.09 Mil as of Sep. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Evelo Biosciences and its competitors.
Is Evelo Biosciences' Construction In Progress too high?
Evelo Biosciences' current Construction In Progress is $0.09 Mil.
How does Evelo Biosciences' Construction In Progress compare to IMNN and EDSA?
Evelo Biosciences' Construction In Progress of $0.09 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Construction In Progress depends on the Biotechnology 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 Evelo Biosciences and its competitors. Evelo Biosciences's current Construction In Progress is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evelo Biosciences stock overvalued right now?
Evelo Biosciences (EVLO) has a current Construction In Progress of $0.09 Mil. The current Construction In Progress is $0.09 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 Evelo Biosciences (EVLO), the current Construction In Progress is $0.09 Mil as of Sep. 2023. 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.

Evelo Biosciences Business Description

Address 620 Memorial Drive, Cambridge, MA, USA, 02139
Evelo Biosciences Inc is a clinical-stage biotechnology company focused on discovering and developing a new class of oral medicines that act on immune cells in the small intestine with systemic effects. The company is developing EDP1815 as a treatment in psoriasis and atopic dermatitis and EDP2939 in psoriasis.