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Norsk Titanium AS (Norsk Titanium AS) Construction In Progress : $0.00 Mil (As of Dec. 2023)


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What is Norsk Titanium AS Construction In Progress?

Norsk Titanium AS Construction In Progress Historical Data

The historical data trend for Norsk Titanium AS'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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Norsk Titanium AS Construction In Progress Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
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Norsk Titanium AS Semi-Annual Data
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Norsk Titanium AS 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.

Norsk Titanium AS (Norsk Titanium AS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Construction In Progress
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Traded in Other Exchanges
NTI:Norway 84F:Germany
Address
Flyplassveien 20, Honefoss, NOR, 3514
Website
https://www.norsktitanium.com
Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

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