Ankit Metal & Power (NSE:ANKITMETAL) Construction In Progress: ₹0 Mil (As of Dec. 2023)

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NSE:ANKITMETAL Ankit Metal & Power Ltd NSE:ANKITMETAL
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What is Ankit Metal & Power Construction In Progress?

Ankit Metal & Power NSE:ANKITMETAL -2.65% 4 Construction In Progress is ₹0 Mil as of Dec. 2023. GuruFocus rates NSE:ANKITMETAL with a GF Score™ of 4/100.

Ankit Metal & Power's quarterly construction in progress increased from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹472 Mil) but then declined from Sep. 2023 (₹472 Mil) to Dec. 2023 (₹0 Mil).

Ankit Metal & Power's annual construction in progress increased from Mar. 2021 (₹0 Mil) to Mar. 2022 (₹284 Mil) and increased from Mar. 2022 (₹284 Mil) to Mar. 2023 (₹472 Mil).

Ankit Metal & Power Construction In Progress Historical Data

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The historical data trend for Ankit Metal & Power'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.

Ankit Metal & Power Construction In Progress Chart

Ankit Metal & Power Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 284.00 472.00

Ankit Metal & Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 472.00 0.00 472.00 0.00
NSE:ANKITMETAL
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Ankit Metal & Power Ltd NSE:ANKITMETAL
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Ankit Metal & Power 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 ₹0 Mil mean?
Ankit Metal & Power (NSE:ANKITMETAL) has a Construction In Progress of ₹0 Mil as of Dec. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Ankit Metal & Power and its competitors.
Is Ankit Metal & Power's Construction In Progress too high?
Ankit Metal & Power's current Construction In Progress is ₹0 Mil. Overall, Ankit Metal & Power has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ankit Metal & Power's Construction In Progress compare to NUE and STLD?
Ankit Metal & Power's Construction In Progress of ₹0 Mil can be compared against companies in the Steel 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 Steel company?
A good Construction In Progress depends on the Steel 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 Ankit Metal & Power and its competitors. Ankit Metal & Power's current Construction In Progress is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ankit Metal & Power stock overvalued right now?
Ankit Metal & Power (NSE:ANKITMETAL) has a current Construction In Progress of ₹0 Mil. The current Construction In Progress is ₹0 Mil. Ankit Metal & Power's overall GF Score™ is 4/100. 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 Ankit Metal & Power (NSE:ANKITMETAL), the current Construction In Progress is ₹0 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.

Ankit Metal & Power Business Description

Address 132A, S. P. Mukherjee Road, SKP House, Kolkata, WB, IND, 700 026
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.
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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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