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Mast Energy Developments (LSE:MAST) Construction In Progress : £0.13 Mil (As of Dec. 2023)


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What is Mast Energy Developments Construction In Progress?

Mast Energy Developments's quarterly construction in progress stayed the same from Dec. 2022 (£0.00 Mil) to Jun. 2023 (£0.00 Mil) but then increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£0.13 Mil).

Mast Energy Developments's annual construction in progress stayed the same from Dec. 2021 (£0.00 Mil) to Dec. 2022 (£0.00 Mil) but then increased from Dec. 2022 (£0.00 Mil) to Dec. 2023 (£0.13 Mil).

Mast Energy Developments Construction In Progress Historical Data

The historical data trend for Mast Energy Developments'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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Mast Energy Developments Construction In Progress Chart

Mast Energy Developments Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
- - 0.13

Mast Energy Developments Semi-Annual Data
Mar20 Mar21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial - - - - 0.13

Mast Energy Developments 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.

Mast Energy Developments (LSE:MAST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mast Energy Developments PLC (LSE:MAST) » Definitions » Construction In Progress
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Traded in Other Exchanges
N/A
Address
Salisbury House, London Wall, London, GBR, EC2M 5PS
Website
https://www.med.energy
Mast Energy Developments PLC is a UK-based multi-asset operator in the Reserve Power market. The company's business is to acquire and develop a portfolio of flexible small-scale power generation assets, exploiting a growing niche market in the UK for reserve power generation to balance out the national grid at critical times.

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