UTRS (Minerva Surgical) Construction In Progress: $0.09 Mil (As of Sep. 2023)


What is Minerva Surgical Construction In Progress?

Minerva Surgical UTRS -99.00% Construction In Progress is $0.09 Mil as of Sep. 2023.

Minerva Surgical's quarterly construction in progress stayed the same from Mar. 2023 ($0.09 Mil) to Jun. 2023 ($0.09 Mil) but then increased from Jun. 2023 ($0.09 Mil) to Sep. 2023 ($0.09 Mil).

Minerva Surgical's annual construction in progress increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.43 Mil) but then declined from Dec. 2021 ($0.43 Mil) to Dec. 2022 ($0.13 Mil).

Minerva Surgical Construction In Progress Historical Data

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The historical data trend for Minerva Surgical'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.

Minerva Surgical Construction In Progress Chart

Minerva Surgical Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Construction In Progress
0.00 0.00 0.43 0.13

Minerva Surgical Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.32 0.13 0.09 0.09 0.09

Minerva Surgical 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 $0.09 Mil mean?
Minerva Surgical (UTRS) has a Construction In Progress of $0.09 Mil as of Sep. 2023. Construction in Progress records the amount of construction work that is not complete. View historical data on Minerva Surgical and its competitors.
Is Minerva Surgical's Construction In Progress too high?
Minerva Surgical's current Construction In Progress is $0.09 Mil.
How does Minerva Surgical's Construction In Progress compare to PAVM and ELUT?
Minerva Surgical's Construction In Progress of $0.09 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Construction In Progress depends on the Medical Devices & Instruments 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 Minerva Surgical and its competitors. Minerva Surgical's current Construction In Progress is $0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerva Surgical stock overvalued right now?
Minerva Surgical (UTRS) has a current Construction In Progress of $0.09 Mil. The current Construction In Progress is $0.09 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 Minerva Surgical (UTRS), the current Construction In Progress is $0.09 Mil as of Sep. 2023. 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.

Minerva Surgical Business Description

Address 4255 Burton Drive, Santa Clara, CA, USA, 95054
Minerva Surgical Inc is a medical device company that develops therapeutic devices that treat abnormal uterine bleeding in a minimally invasive manner. The Company operates and manages its business as one reportable and operating segment, which is the business of research, development, and sale of therapeutic devices for abnormal uterine bleeding treatment.