GLBS (Globus Maritime) Construction In Progress : $15.05 Mil (As of Dec. 2024)

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What is Globus Maritime Construction In Progress?

Globus Maritime's quarterly construction in progress declined from Jun. 2024 ($39.42 Mil) to Sep. 2024 ($15.05 Mil) but then stayed the same from Sep. 2024 ($15.05 Mil) to Dec. 2024 ($15.05 Mil).

Globus Maritime's annual construction in progress increased from Dec. 2022 ($28.17 Mil) to Dec. 2023 ($47.25 Mil) but then declined from Dec. 2023 ($47.25 Mil) to Dec. 2024 ($15.05 Mil).

Globus Maritime Construction In Progress Historical Data

The historical data trend for Globus Maritime'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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Globus Maritime Construction In Progress Chart

Globus Maritime Annual Data

Trend

Dec15

Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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28.17

47.25

15.05

Globus Maritime Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Construction In Progress	Get a 7-Day Free Trial															47.25	-	39.42	15.05	15.05

Globus Maritime 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.

Globus Maritime Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globus Maritime Ltd (NAS:GLBS) » Definitions » Construction In Progress

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Traded in Other Exchanges

0G93:Germany

Address

128 Vouliagmenis Avenue, 3rd Floor, Glyfada, Athens, GRC, 16674

Website

http://www.globusmaritime.gr

Globus Maritime Ltd is a dry bulk shipping company that provides marine transportation services internationally. The company owns, operates, and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargo. Its operations are managed by its subsidiary which also provides in-house commercial and technical management for its vessels and also offers consulting services for an affiliated ship management company. It generates maximum revenues by charging customers for the use of vessels to transport dry bulk commodities.