STECF (Scatec ASA) Construction In Progress : $138.2 Mil (As of Jun. 2024)

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What is Scatec ASA Construction In Progress?

Scatec ASA's quarterly construction in progress increased from Dec. 2023 ($0.0 Mil) to Mar. 2024 ($90.0 Mil) and increased from Mar. 2024 ($90.0 Mil) to Jun. 2024 ($138.2 Mil).

Scatec ASA's annual construction in progress increased from Dec. 2021 ($77.7 Mil) to Dec. 2022 ($227.7 Mil) but then declined from Dec. 2022 ($227.7 Mil) to Dec. 2023 ($0.0 Mil).

Scatec ASA Construction In Progress Historical Data

The historical data trend for Scatec ASA'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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Scatec ASA Construction In Progress Chart

Scatec ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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402.37

246.01

77.72

227.73

Scatec ASA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Construction In Progress	Get a 7-Day Free Trial															757.29	902.50	-	89.99	138.20

Scatec ASA 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.

Scatec ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Scatec ASA (OTCPK:STECF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SSOo:Sweden SCATC:Norway SCATCo:UK 0R3I:UK 66T:Germany

Address

Askekroken 11, Oslo, NOR, NO-0277

Website

https://www.scatec.com

Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.