TerrAscend (TSX:TSND) Construction In Progress : C$32.5 Mil (As of Dec. 2023)

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What is TerrAscend Construction In Progress?

TerrAscend's quarterly construction in progress increased from Jun. 2023 (C$34.8 Mil) to Sep. 2023 (C$36.7 Mil) but then declined from Sep. 2023 (C$36.7 Mil) to Dec. 2023 (C$32.5 Mil).

TerrAscend's annual construction in progress increased from Dec. 2021 (C$8.8 Mil) to Dec. 2022 (C$38.6 Mil) but then declined from Dec. 2022 (C$38.6 Mil) to Dec. 2023 (C$32.5 Mil).

TerrAscend Construction In Progress Historical Data

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

TerrAscend Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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29.34

2.91

8.78

38.60

32.48

TerrAscend 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															38.60	35.33	34.78	36.69	32.48

TerrAscend 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.

TerrAscend (TSX:TSND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TerrAscend Corp (TSX:TSND) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

TSNDF:USA TED:Germany

Address

3610 Mavis Road, Mississauga, ON, CAN, L5C 1W2

Website

https://www.terrascend.com

TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.

TerrAscend (TSX:TSND) Headlines

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