TGC No 2 PJSC (MIC:TGKB) Construction In Progress: ₽0 Mil (As of Jun. 2023)

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What is TGC No 2 PJSC Construction In Progress?

TGC No 2 PJSC MIC:TGKB +7.26% Construction In Progress is ₽0 Mil as of Jun. 2023.

TGC No 2 PJSC's quarterly construction in progress increased from Jun. 2022 (₽0 Mil) to Dec. 2022 (₽5,771 Mil) but then declined from Dec. 2022 (₽5,771 Mil) to Jun. 2023 (₽0 Mil).

TGC No 2 PJSC's annual construction in progress declined from Dec. 2020 (₽6,639 Mil) to Dec. 2021 (₽5,693 Mil) but then increased from Dec. 2021 (₽5,693 Mil) to Dec. 2022 (₽5,771 Mil).

TGC No 2 PJSC Construction In Progress Historical Data

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The historical data trend for TGC No 2 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.

TGC No 2 PJSC Construction In Progress Chart

TGC No 2 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 888.55 3,579.83 6,639.18 5,693.10 5,770.80

TGC No 2 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 0.00 5,693.10 0.00 5,770.80 0.00

TGC No 2 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 ₽0 Mil mean?
TGC No 2 PJSC (MIC:TGKB) has a Construction In Progress of ₽0 Mil as of Jun. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on TGC No 2 PJSC and its competitors.
Is TGC No 2 PJSC's Construction In Progress too high?
TGC No 2 PJSC's current Construction In Progress is ₽0 Mil.
How does TGC No 2 PJSC's Construction In Progress compare to VST and NRG?
TGC No 2 PJSC's Construction In Progress of ₽0 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 TGC No 2 PJSC and its competitors. TGC No 2 PJSC's current Construction In Progress is ₽0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGC No 2 PJSC stock overvalued right now?
TGC No 2 PJSC (MIC:TGKB) has a current Construction In Progress of ₽0 Mil. The current Construction In Progress is ₽0 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 TGC No 2 PJSC (MIC:TGKB), the current Construction In Progress is ₽0 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.

TGC No 2 PJSC Business Description

Address Pyatnitskaya Street 6, Yaroslavl, RUS, 150003
TGC No 2 PJSC is a heat and power-generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod, and Yaroslavl regions of Russia, and in Skopje (Macedonia).