Western Resources (TSX:WRX) Construction In Progress: C$279.23 Mil (As of Jun. 2024)


What is Western Resources Construction In Progress?

Western Resources TSX:WRX Construction In Progress is C$279.23 Mil as of Jun. 2024.

Western Resources's quarterly construction in progress increased from Dec. 2023 (C$259.42 Mil) to Mar. 2024 (C$275.06 Mil) and increased from Mar. 2024 (C$275.06 Mil) to Jun. 2024 (C$279.23 Mil).

Western Resources's annual construction in progress increased from Sep. 2021 (C$136.92 Mil) to Sep. 2022 (C$166.49 Mil) and increased from Sep. 2022 (C$166.49 Mil) to Sep. 2023 (C$244.59 Mil).

Western Resources Construction In Progress Historical Data

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The historical data trend for Western Resources'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.

Western Resources Construction In Progress Chart

Western Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.73 120.25 136.92 166.49 244.59

Western Resources 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 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 234.02 244.59 259.42 275.06 279.23

Western Resources 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 C$279.23 Mil mean?
Western Resources (TSX:WRX) has a Construction In Progress of C$279.23 Mil as of Jun. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on Western Resources and its competitors.
Is Western Resources' Construction In Progress too high?
Western Resources' current Construction In Progress is C$279.23 Mil.
How does Western Resources' Construction In Progress compare to SVBL and BLTH?
Western Resources' Construction In Progress of C$279.23 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Construction In Progress depends on the Metals & Mining 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 Western Resources and its competitors. Western Resources's current Construction In Progress is C$279.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Resources stock overvalued right now?
Western Resources (TSX:WRX) has a current Construction In Progress of C$279.23 Mil. The current Construction In Progress is C$279.23 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 Western Resources (TSX:WRX), the current Construction In Progress is C$279.23 Mil as of Jun. 2024. 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.

Western Resources Business Description

Address 666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.