PRGNF (Paragon Shipping) Construction In Progress: $0.00 Mil (As of Dec. 2016)


What is Paragon Shipping Construction In Progress?

Paragon Shipping PRGNF -99.00% Construction In Progress is $0.00 Mil as of Dec. 2016.

Paragon Shipping's quarterly construction in progress declined from Sep. 2015 ($33.30 Mil) to Dec. 2015 ($10.85 Mil) and declined from Dec. 2015 ($10.85 Mil) to Dec. 2016 ($0.00 Mil).

Paragon Shipping's annual construction in progress declined from Dec. 2014 ($49.97 Mil) to Dec. 2015 ($10.85 Mil) and declined from Dec. 2015 ($10.85 Mil) to Dec. 2016 ($0.00 Mil).

Paragon Shipping Construction In Progress Historical Data

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The historical data trend for Paragon Shipping'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.

Paragon Shipping Construction In Progress Chart

Paragon Shipping Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.59 45.21 49.97 10.85 0.00

Paragon Shipping Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 51.04 35.30 33.30 10.85 0.00

Paragon Shipping 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 $0.00 Mil mean?
Paragon Shipping (PRGNF) has a Construction In Progress of $0.00 Mil as of Dec. 2016. Construction in Progress records the amount of construction work that is not complete. View historical data on Paragon Shipping and its competitors.
Is Paragon Shipping's Construction In Progress too high?
Paragon Shipping's current Construction In Progress is $0.00 Mil.
How does Paragon Shipping's Construction In Progress compare to CTRM and GLBS?
Paragon Shipping's Construction In Progress of $0.00 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Construction In Progress depends on the Transportation 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 Paragon Shipping and its competitors. Paragon Shipping's current Construction In Progress is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Shipping stock overvalued right now?
Paragon Shipping (PRGNF) has a current Construction In Progress of $0.00 Mil. The current Construction In Progress is $0.00 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 Paragon Shipping (PRGNF), the current Construction In Progress is $0.00 Mil as of Dec. 2016. 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.

Paragon Shipping Business Description

Address 15 Karamanli Avenue, Voula, GRC, 166 73
Paragon Shipping Inc is based in Greece but incorporated in the Marshall Islands, Paragon Shipping owns and operates medium-size dry-bulk ships and rents these assets through multiyear agreements. Paragon outsources its ship management to Allseas, a third-party company. Founded in 2006, the company has expanded to 12 ships from its original six, with plans to continue fleet additions.