PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) Construction In Progress: ₽385,102 Mil (As of Dec. 2023)

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MIC:GMKN PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
17 GF Score
Price ₽114.46
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What is PJSC Mining & Metallurgical Co Norilsk Nickel Construction In Progress?

PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN +0.95% 17 Construction In Progress is ₽385,102 Mil as of Dec. 2023. GuruFocus rates MIC:GMKN with a GF Score™ of 17/100.

PJSC Mining & Metallurgical Co Norilsk Nickel's quarterly construction in progress declined from Dec. 2022 (₽247,738 Mil) to Jun. 2023 (₽0 Mil) but then increased from Jun. 2023 (₽0 Mil) to Dec. 2023 (₽385,102 Mil).

PJSC Mining & Metallurgical Co Norilsk Nickel's annual construction in progress increased from Dec. 2021 (₽190,900 Mil) to Dec. 2022 (₽247,738 Mil) and increased from Dec. 2022 (₽247,738 Mil) to Dec. 2023 (₽385,102 Mil).

PJSC Mining & Metallurgical Co Norilsk Nickel Construction In Progress Historical Data

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The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel Construction In Progress Chart

PJSC Mining & Metallurgical Co Norilsk Nickel 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 96,674.92 123,056.62 190,900.17 247,737.60 385,101.65

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 190,900.17 0.00 247,737.60 0.00 385,101.65
MIC:GMKN
17GF Score
PJSC Mining & Metallurgical Co Norilsk Nickel MIC:GMKN
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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PJSC Mining & Metallurgical Co Norilsk Nickel 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 ₽385,102 Mil mean?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a Construction In Progress of ₽385,102 Mil as of Dec. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors.
Is PJSC Mining & Metallurgical Co Norilsk Nickel's Construction In Progress too high?
PJSC Mining & Metallurgical Co Norilsk Nickel's current Construction In Progress is ₽385,102 Mil. Overall, PJSC Mining & Metallurgical Co Norilsk Nickel has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC Mining & Metallurgical Co Norilsk Nickel's Construction In Progress compare to competitors?
PJSC Mining & Metallurgical Co Norilsk Nickel's Construction In Progress of ₽385,102 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 PJSC Mining & Metallurgical Co Norilsk Nickel and its competitors. PJSC Mining & Metallurgical Co Norilsk Nickel's current Construction In Progress is ₽385,102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC Mining & Metallurgical Co Norilsk Nickel stock overvalued right now?
PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN) has a current Construction In Progress of ₽385,102 Mil. The current Construction In Progress is ₽385,102 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's overall GF Score™ is 17/100. 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 PJSC Mining & Metallurgical Co Norilsk Nickel (MIC:GMKN), the current Construction In Progress is ₽385,102 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.

PJSC Mining & Metallurgical Co Norilsk Nickel Business Description

Address 15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100
PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.
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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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