Magnit PJSC (MIC:MGNT) Construction In Progress: ₽6,584 Mil (As of Jun. 2023)


MIC:MGNT Magnit PJSC MIC:MGNT
17 GF Score
Price ₽1,849.50
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What is Magnit PJSC Construction In Progress?

Magnit PJSC MIC:MGNT +3.27% 17 Construction In Progress is ₽6,584 Mil as of Jun. 2023. GuruFocus rates MIC:MGNT with a GF Score™ of 17/100.

Magnit PJSC's quarterly construction in progress increased from Jun. 2022 (₽6,931 Mil) to Dec. 2022 (₽7,794 Mil) but then declined from Dec. 2022 (₽7,794 Mil) to Jun. 2023 (₽6,584 Mil).

Magnit PJSC's annual construction in progress increased from Dec. 2020 (₽10,933 Mil) to Dec. 2021 (₽11,774 Mil) but then declined from Dec. 2021 (₽11,774 Mil) to Dec. 2022 (₽7,794 Mil).

Magnit PJSC Construction In Progress Historical Data

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The historical data trend for Magnit PJSC'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.

Magnit PJSC Construction In Progress Chart

Magnit PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,156.93 12,329.09 10,932.65 11,774.31 7,793.54

Magnit PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 11,678.68 11,774.31 6,931.50 7,793.54 6,584.42
MIC:MGNT
17GF Score
Magnit PJSC MIC:MGNT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnit PJSC 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 ₽6,584 Mil mean?
Magnit PJSC (MIC:MGNT) has a Construction In Progress of ₽6,584 Mil as of Jun. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Magnit PJSC and its competitors.
Is Magnit PJSC's Construction In Progress too high?
Magnit PJSC's current Construction In Progress is ₽6,584 Mil. Overall, Magnit PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnit PJSC's Construction In Progress compare to WMT and COST?
Magnit PJSC's Construction In Progress of ₽6,584 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Construction In Progress depends on the Retail - Defensive 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 Magnit PJSC and its competitors. Magnit PJSC's current Construction In Progress is ₽6,584 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnit PJSC stock overvalued right now?
Magnit PJSC (MIC:MGNT) has a current Construction In Progress of ₽6,584 Mil. The current Construction In Progress is ₽6,584 Mil. Magnit PJSC'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 Magnit PJSC (MIC:MGNT), the current Construction In Progress is ₽6,584 Mil as of Jun. 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.

Magnit PJSC Business Description

Address 15/5, Solnechnaya Street, Krasnodar, RUS, 350072
Magnit PJSC operates in the retail and distribution of consumer goods under the Magnit, the DIXY, and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets, and others. The Group's business operations are located in the Russian Federation and relate mainly to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets, and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.
17GF Score

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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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