MYNAY (Mynaric AG) Construction In Progress: $4.03 Mil (As of Dec. 2023)


MYNAY Mynaric AG MYNAY
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What is Mynaric AG Construction In Progress?

Mynaric AG MYNAY -96.00% 10 Construction In Progress is $4.03 Mil as of Dec. 2023. GuruFocus rates MYNAY with a GF Score™ of 10/100.

Mynaric AG's quarterly construction in progress declined from Dec. 2022 ($2.52 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Dec. 2023 ($4.03 Mil).

Mynaric AG's annual construction in progress declined from Dec. 2021 ($2.54 Mil) to Dec. 2022 ($2.52 Mil) but then increased from Dec. 2022 ($2.52 Mil) to Dec. 2023 ($4.03 Mil).


Mynaric AG Construction In Progress Historical Data

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The historical data trend for Mynaric AG'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.

Mynaric AG Construction In Progress Chart

Mynaric AG Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial 0.52 3.31 2.54 2.52 4.03

Mynaric AG Semi-Annual Data
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 2.54 0.00 2.52 0.00 4.03
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Mynaric AG MYNAY
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mynaric AG 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 $4.03 Mil mean?
Mynaric AG (MYNAY) has a Construction In Progress of $4.03 Mil as of Dec. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Mynaric AG and its competitors.
Is Mynaric AG's Construction In Progress too high?
Mynaric AG's current Construction In Progress is $4.03 Mil. Overall, Mynaric AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Mynaric AG's Construction In Progress compare to CSCO and MSI?
Mynaric AG's Construction In Progress of $4.03 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Construction In Progress depends on the Hardware 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 Mynaric AG and its competitors. Mynaric AG's current Construction In Progress is $4.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mynaric AG stock overvalued right now?
Mynaric AG (MYNAY) has a current Construction In Progress of $4.03 Mil. The current Construction In Progress is $4.03 Mil. Mynaric AG's overall GF Score™ is 10/100. 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 Mynaric AG (MYNAY), the current Construction In Progress is $4.03 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.

Mynaric AG Business Description

Address Bertha-Kipfmuller-Strasse 2-8, Munich, BY, DEU, 81249
Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminals. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eyes, satellite constellations, earth observation satellites, and others. Geographically, its key revenue is derived from the United States.
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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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