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Pinnacle West Capital (FRA:PWC) Construction In Progress : €1,551 Mil (As of Mar. 2024)


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What is Pinnacle West Capital Construction In Progress?

Pinnacle West Capital's quarterly construction in progress increased from Sep. 2023 (€1,440 Mil) to Dec. 2023 (€1,581 Mil) but then declined from Dec. 2023 (€1,581 Mil) to Mar. 2024 (€1,551 Mil).

Pinnacle West Capital's annual construction in progress increased from Dec. 2021 (€1,177 Mil) to Dec. 2022 (€1,777 Mil) but then declined from Dec. 2022 (€1,777 Mil) to Dec. 2023 (€1,581 Mil).


Pinnacle West Capital Construction In Progress Historical Data

The historical data trend for Pinnacle West Capital'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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Pinnacle West Capital Construction In Progress Chart

Pinnacle West Capital 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 727.32 770.53 1,176.59 1,777.36 1,580.91

Pinnacle West Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,963.11 1,380.34 1,439.54 1,580.91 1,550.54

Pinnacle West Capital 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.


Pinnacle West Capital (FRA:PWC) Business Description

Traded in Other Exchanges
Address
400 North Fifth Street, P.O. Box 53999, Phoenix, AZ, USA, 85072-3999
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.

Pinnacle West Capital (FRA:PWC) Headlines

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