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Innovate (Innovate) Construction In Progress : $7.10 Mil (As of Mar. 2024)


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What is Innovate Construction In Progress?

Innovate's quarterly construction in progress declined from Sep. 2023 ($10.80 Mil) to Dec. 2023 ($4.80 Mil) but then increased from Dec. 2023 ($4.80 Mil) to Mar. 2024 ($7.10 Mil).

Innovate's annual construction in progress declined from Dec. 2021 ($8.90 Mil) to Dec. 2022 ($8.40 Mil) and declined from Dec. 2022 ($8.40 Mil) to Dec. 2023 ($4.80 Mil).

Innovate Construction In Progress Historical Data

The historical data trend for Innovate'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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Innovate Construction In Progress Chart

Innovate 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 2.90 3.10 8.90 8.40 4.80

Innovate 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 6.00 8.70 10.80 4.80 7.10

Innovate 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.

Innovate (Innovate) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Innovate Corp (OTCPK:HCCDZ.PFD) » Definitions » Construction In Progress
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Traded in Other Exchanges
VATE:USA PSTA:Germany
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Website
https://www.innovatecorp.com
Innovate Corp is a diversified holding company that has a portfolio of subsidiaries in a variety of operating segments which are; The infrastructure segment is comprised of DBM Global Inc, a fully integrated industrial construction, structural steel, and facility maintenance provider that provides fabrication and erection of structural steel and heavy steel plate services, The Life Sciences segment is comprised of Pansend Life Sciences which seeks to develop products to treat early osteoarthritis of the knee and aesthetic and medical technologies for the skin, and Spectrum segment is comprised of HC2 Broadcasting Holdings Inc which operates over-the-air broadcasting stations across the United States.