MMNFQ (MedMen Enterprises) Construction In Progress: $1.2 Mil (As of Mar. 2023)


What is MedMen Enterprises Construction In Progress?

MedMen Enterprises MMNFQ -90.00% Construction In Progress is $1.2 Mil as of Mar. 2023.

MedMen Enterprises's quarterly construction in progress declined from Sep. 2022 ($4.5 Mil) to Dec. 2022 ($4.2 Mil) and declined from Dec. 2022 ($4.2 Mil) to Mar. 2023 ($1.2 Mil).

MedMen Enterprises's annual construction in progress declined from Jun. 2020 ($37.0 Mil) to Jun. 2021 ($22.0 Mil) and declined from Jun. 2021 ($22.0 Mil) to Jun. 2022 ($6.8 Mil).

MedMen Enterprises Construction In Progress Historical Data

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The historical data trend for MedMen Enterprises'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.

MedMen Enterprises Construction In Progress Chart

MedMen Enterprises Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.20 76.00 37.03 22.01 6.83

MedMen Enterprises Quarterly Data
Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 13.58 6.83 4.53 4.17 1.15

MedMen Enterprises 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 $1.2 Mil mean?
MedMen Enterprises (MMNFQ) has a Construction In Progress of $1.2 Mil as of Mar. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on MedMen Enterprises and its competitors.
Is MedMen Enterprises' Construction In Progress too high?
MedMen Enterprises' current Construction In Progress is $1.2 Mil.
How does MedMen Enterprises' Construction In Progress compare to ZTS and VTRS?
MedMen Enterprises' Construction In Progress of $1.2 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Construction In Progress depends on the Drug Manufacturers 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 MedMen Enterprises and its competitors. MedMen Enterprises's current Construction In Progress is $1.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MedMen Enterprises stock overvalued right now?
MedMen Enterprises (MMNFQ) has a current Construction In Progress of $1.2 Mil. The current Construction In Progress is $1.2 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 MedMen Enterprises (MMNFQ), the current Construction In Progress is $1.2 Mil as of Mar. 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.

MedMen Enterprises Business Description

Address 8740 S Sepulveda Boulevard, Suite 105, Los Angeles, CA, USA, 90045
MedMen Enterprises Inc is a American cannabis company dedicated to improving life with Cannabis for All. With operations across the United States in California, Nevada, Illinois, Arizona, Massachusetts, and New York, the company has MedMen and LuxLyte brands offering cannabis in consumer-preferred product forms for medical and recreational use. It produces and curates the consumer product assortment for retail operations in its local communities, and drives consumer loyalty with service and engaging in-store experience, combined with reward, delivery, and e-commerce programs.