Atlas (SSWPC_CL.PFD) Construction In Progress : $1,428.00 Mil (As of Jun. 2023)

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What is Atlas Construction In Progress?

Atlas's quarterly construction in progress increased from Dec. 2022 ($1,422.50 Mil) to Mar. 2023 ($1,548.40 Mil) but then declined from Mar. 2023 ($1,548.40 Mil) to Jun. 2023 ($1,428.00 Mil).

Atlas's annual construction in progress increased from Dec. 2020 ($42.00 Mil) to Dec. 2021 ($1,095.60 Mil) and increased from Dec. 2021 ($1,095.60 Mil) to Dec. 2022 ($1,422.50 Mil).

Atlas Construction In Progress Historical Data

The historical data trend for Atlas'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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Atlas Construction In Progress Chart

Atlas Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Construction In Progress

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42.00

1,095.60

1,422.50

Atlas Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Construction In Progress	Get a 7-Day Free Trial															1,204.80	1,337.00	1,422.50	1,548.40	1,428.00

Atlas 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.

Atlas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Atlas Corp (NYSE:SSWpC_CL.PFD) » Definitions » Construction In Progress

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ATCOpH.PFD:USA ATCOpD.PFD:USA

Address

23 Berkeley Square, London, GBR, W1J 6HE

Website

https://www.atlascorporation.com

Atlas Corp is a global asset manager and the parent company of Seaspan and APR Energy. Its vessel leasing segment, which is conducted through Seaspan, owns and operates a fleet of vessels that it charters to major liner companies. The company deploys its vessels on long-term, fixed-rate time charters to take advantage of the stable cash flow and high utilization rates that are typically associated with long-term time charters.