HLTHQ (Cue Health) Construction In Progress: $2.11 Mil (As of Dec. 2023)

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What is Cue Health Construction In Progress?

Cue Health HLTHQ -90.00% Construction In Progress is $2.11 Mil as of Dec. 2023.

Cue Health's quarterly construction in progress declined from Jun. 2023 ($35.88 Mil) to Sep. 2023 ($33.40 Mil) and declined from Sep. 2023 ($33.40 Mil) to Dec. 2023 ($2.11 Mil).

Cue Health's annual construction in progress increased from Dec. 2021 ($4.08 Mil) to Dec. 2022 ($32.41 Mil) but then declined from Dec. 2022 ($32.41 Mil) to Dec. 2023 ($2.11 Mil).

Cue Health Construction In Progress Historical Data

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The historical data trend for Cue Health'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.

Cue Health Construction In Progress Chart

Cue Health Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
0.61 83.35 4.08 32.41 2.11

Cue Health Quarterly Data
Dec19 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 36.10 35.88 33.40 2.11 0.00

Cue Health 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.

What does a Construction In Progress of $2.11 Mil mean?
Cue Health (HLTHQ) has a Construction In Progress of $2.11 Mil as of Dec. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Cue Health and its competitors.
Is Cue Health's Construction In Progress too high?
Cue Health's current Construction In Progress is $2.11 Mil.
How does Cue Health's Construction In Progress compare to UPHL and GEHC?
Cue Health's Construction In Progress of $2.11 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Healthcare Providers & Services company?
A good Construction In Progress depends on the Healthcare Providers & Services industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Cue Health and its competitors. Cue Health's current Construction In Progress is $2.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cue Health stock overvalued right now?
Cue Health (HLTHQ) has a current Construction In Progress of $2.11 Mil. The current Construction In Progress is $2.11 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Cue Health (HLTHQ), the current Construction In Progress is $2.11 Mil as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cue Health Business Description

Address 4980 Carroll Canyon Road, Suite 100, San Diego, CA, USA, 92121
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage their health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies, and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point of care, all in a device that fits in the palm of hand. Its Cue Integrated Care Platform consists of multiple hardware, software, and diagnostic components and has been engineered so that it can be directly integrated into existing workflows and on-demand services, such as telemedicine, e-Rx services, and EMR systems.