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GE Vernova (GE Vernova) Construction In Progress : $0 Mil (As of Mar. 2024)


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What is GE Vernova Construction In Progress?

GE Vernova's annual construction in progress increased from Dec. 2021 ($0 Mil) to Dec. 2022 ($388 Mil) but then declined from Dec. 2022 ($388 Mil) to Dec. 2023 ($0 Mil).

GE Vernova Construction In Progress Historical Data

The historical data trend for GE Vernova'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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GE Vernova Construction In Progress Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
- 388.00 -

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Construction In Progress - 388.00 - - -

GE Vernova 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.

GE Vernova (GE Vernova) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » Construction In Progress
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Y5C:Germany
Address
58 Charles Street, Cambridge, MA, USA
Website
https://www.gevernova.com
GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

From GuruFocus

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

By Business Wire • 04-18-2024