KYN Capital Group (KYN Capital Group) Construction In Progress : $21.21 Mil (As of Sep. 2010)

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What is KYN Capital Group Construction In Progress?

KYN Capital Group's quarterly construction in progress increased from Mar. 2010 ($18.61 Mil) to Jun. 2010 ($19.68 Mil) and increased from Jun. 2010 ($19.68 Mil) to Sep. 2010 ($21.21 Mil).

KYN Capital Group's annual construction in progress increased from Dec. 2007 ($7.95 Mil) to Dec. 2008 ($13.13 Mil) and increased from Dec. 2008 ($13.13 Mil) to Dec. 2009 ($17.57 Mil).

KYN Capital Group Construction In Progress Historical Data

The historical data trend for KYN Capital Group'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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KYN Capital Group Construction In Progress Chart

KYN Capital Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Construction In Progress

7.95

13.13

17.57

KYN Capital Group Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Construction In Progress	Get a 7-Day Free Trial														16.42	17.57	18.61	19.68	21.21

KYN Capital Group 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.

KYN Capital Group (KYN Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » KYN Capital Group Inc (OTCPK:KYNC) » Definitions » Construction In Progress

Traded in Other Exchanges

N/A

Address

800 E College Parkway, Carson City, NV, USA, 89706

Website

https://www.kyncap.com

KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.