Next Geosolutions Europe SpA (MIL:NXT) Construction In Progress : €6.5 Mil (As of Jun. 2024)

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What is Next Geosolutions Europe SpA Construction In Progress?

Next Geosolutions Europe SpA's quarterly construction in progress increased from Jun. 2023 (€0.0 Mil) to Dec. 2023 (€0.1 Mil) and increased from Dec. 2023 (€0.1 Mil) to Jun. 2024 (€6.5 Mil).

Next Geosolutions Europe SpA's annual construction in progress increased from . 20 (€0.0 Mil) to Dec. 2022 (€5.6 Mil) but then declined from Dec. 2022 (€5.6 Mil) to Dec. 2023 (€0.1 Mil).

Next Geosolutions Europe SpA Construction In Progress Historical Data

The historical data trend for Next Geosolutions Europe SpA'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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Next Geosolutions Europe SpA Construction In Progress Chart

Next Geosolutions Europe SpA Annual Data

Trend

Dec22

Dec23

Dec24

Construction In Progress

5.60

0.09

Next Geosolutions Europe SpA Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Construction In Progress	5.60	-	0.09	6.53	-

Next Geosolutions Europe SpA 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.

Next Geosolutions Europe SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Next Geosolutions Europe SpA (MIL:NXT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

LV8:Germany

Address

Via S.Brigida, 39, Napoli, ITA, 80133

Website

https://www.nextgeo.eu

Next Geosolutions Europe SpA operates in the underwater survey sector, offering marine geoscience services to support the engineering and construction of infrastructures in the EMEA market in favor of companies operating mainly in the sectors of submarine electrical cables and energy renewables (in particular, wind energy) and, to a lesser extent, in the sector Offshore Oil&Gas. The Group operates in different geographical areas; in particular: in the area of the Mediterranean Sea, with particular reference to the area of the Eastern Mediterranean, the Baltic Sea, the North Sea, and the Eastern Atlantic Ocean.