GMBXF (Grupo MexicoB de CV) Construction In Progress : $3,120 Mil (As of Dec. 2024)

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What is Grupo MexicoB de CV Construction In Progress?

Grupo MexicoB de CV's quarterly construction in progress declined from Jun. 2024 ($3,694 Mil) to Sep. 2024 ($3,378 Mil) and declined from Sep. 2024 ($3,378 Mil) to Dec. 2024 ($3,120 Mil).

Grupo MexicoB de CV's annual construction in progress increased from Dec. 2022 ($3,443 Mil) to Dec. 2023 ($3,769 Mil) but then declined from Dec. 2023 ($3,769 Mil) to Dec. 2024 ($3,120 Mil).

Grupo MexicoB de CV Construction In Progress Historical Data

The historical data trend for Grupo MexicoB de CV'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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Grupo MexicoB de CV Construction In Progress Chart

Grupo MexicoB de CV Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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2,676.70

3,043.20

3,442.70

3,769.10

3,120.00

Grupo MexicoB de CV 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															3,769.10	3,864.31	3,693.73	3,378.20	3,120.00

Grupo MexicoB de CV 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.

Grupo MexicoB de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupo Mexico SAB de CV (OTCPK:GMBXF) » Definitions » Construction In Progress

Traded in Other Exchanges

GMEXICOB:Mexico 4GE:Germany

Address

Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000

Website

http://www.gmexico.com

Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.