RCIT (Reelcause) Construction In Progress: $0.02 Mil (As of Sep. 2012)

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What is Reelcause Construction In Progress?

Reelcause RCIT Construction In Progress is $0.02 Mil as of Sep. 2012.

Reelcause's quarterly construction in progress stayed the same from Mar. 2012 ($0.01 Mil) to Jun. 2012 ($0.01 Mil) but then increased from Jun. 2012 ($0.01 Mil) to Sep. 2012 ($0.02 Mil).

Reelcause's annual construction in progress increased from Oct. 2009 ($0.00 Mil) to Dec. 2010 ($0.19 Mil) but then declined from Dec. 2010 ($0.19 Mil) to Dec. 2011 ($0.01 Mil).

Reelcause Construction In Progress Historical Data

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The historical data trend for Reelcause'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.

Reelcause Construction In Progress Chart

Reelcause Annual Data
Trend Oct08 Oct09 Dec10 Dec11
Construction In Progress
0.00 0.00 0.19 0.01

Reelcause Quarterly Data
Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.51 0.01 0.01 0.01 0.02

Reelcause 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 $0.02 Mil mean?
Reelcause (RCIT) has a Construction In Progress of $0.02 Mil as of Sep. 2012. Construction in Progress records the amount of construction work that is not complete. View historical data on Reelcause and its competitors.
Is Reelcause's Construction In Progress too high?
Reelcause's current Construction In Progress is $0.02 Mil.
How does Reelcause's Construction In Progress compare to TNRG?
Reelcause's Construction In Progress of $0.02 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Construction In Progress depends on the Industrial Products 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 Reelcause and its competitors. Reelcause's current Construction In Progress is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reelcause stock overvalued right now?
Reelcause (RCIT) has a current Construction In Progress of $0.02 Mil. The current Construction In Progress is $0.02 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 Reelcause (RCIT), the current Construction In Progress is $0.02 Mil as of Sep. 2012. 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.

Reelcause Business Description

Address 4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121
Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.