NOVAQ (Sunnova Energy International) Construction In Progress: $499.0 Mil (As of Dec. 2024)


What is Sunnova Energy International Construction In Progress?

Sunnova Energy International NOVAQ Construction In Progress is $499.0 Mil as of Dec. 2024.

Sunnova Energy International's quarterly construction in progress increased from Jun. 2024 ($443.7 Mil) to Sep. 2024 ($515.0 Mil) but then declined from Sep. 2024 ($515.0 Mil) to Dec. 2024 ($499.0 Mil).

Sunnova Energy International's annual construction in progress increased from Dec. 2022 ($329.9 Mil) to Dec. 2023 ($530.2 Mil) but then declined from Dec. 2023 ($530.2 Mil) to Dec. 2024 ($499.0 Mil).

Sunnova Energy International Construction In Progress Historical Data

* Premium members only.

The historical data trend for Sunnova Energy International'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.

Sunnova Energy International Construction In Progress Chart

Sunnova Energy International Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial 160.62 188.52 329.89 530.18 499.02

Sunnova Energy International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 530.18 464.88 443.71 514.96 499.02

Sunnova Energy International 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 $499.0 Mil mean?
Sunnova Energy International (NOVAQ) has a Construction In Progress of $499.0 Mil as of Dec. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on Sunnova Energy International and its competitors.
Is Sunnova Energy International's Construction In Progress too high?
Sunnova Energy International's current Construction In Progress is $499.0 Mil.
How does Sunnova Energy International's Construction In Progress compare to VSTTF and SING?
Sunnova Energy International's Construction In Progress of $499.0 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Construction In Progress depends on the Semiconductors 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 Sunnova Energy International and its competitors. Sunnova Energy International's current Construction In Progress is $499.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunnova Energy International stock overvalued right now?
Sunnova Energy International (NOVAQ) has a current Construction In Progress of $499.0 Mil. The current Construction In Progress is $499.0 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 Sunnova Energy International (NOVAQ), the current Construction In Progress is $499.0 Mil as of Dec. 2024. 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.

Sunnova Energy International Business Description

Address 20 East Greenway Plaza, Suite 540, Houston, TX, USA, 77046
Sunnova Energy International Inc is a residential solar energy products and services provider company. It offers services such as operations and maintenance, monitoring, repairs and replacements, equipment upgrades, and onsite power optimization. The products and services offered by the group include Add-on battery storage, Home solar protection plans, New solar battery storage, and various other solar systems. It operates in a single reportable segment: solar energy products and services.