GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vinanz Ltd (OTCPK:VINZF) » Definitions » Construction In Progress

VINZF (Vinanz) Construction In Progress : $0.00 Mil (As of Feb. 2024)


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What is Vinanz Construction In Progress?

Vinanz Construction In Progress Historical Data

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

Vinanz Annual Data
Trend Aug22
Construction In Progress
-

Vinanz Semi-Annual Data
Aug22 Feb23 Aug23 Feb24
Construction In Progress - - - -

Vinanz 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.

Vinanz Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vinanz Ltd (OTCPK:VINZF) » Definitions » Construction In Progress
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Traded in Other Exchanges
BTC:UK
Address
Wichhams Cay II, Vistra Corporate Services Centre, Tortola, Road Town, VGB, VG 1110
Website
https://www.vinanz.co.uk
Vinanz Ltd operates as a Bitcoin mining company initially focusing on installing clusters of Bitcoin miners within multiple facilities throughout the US and Canada through third-party cryptocurrency mining providers. The company focuses on the development of BTC cryptocurrency mining operations and an emerging class of powerful decentralised finance DeFI technologies. Together, cryptocurrencies and decentralised protocol technologies interoperate to create global decentralised financial services platforms. These platforms continue to enjoy rapid growth and are augmenting or replacing capabilities typically associated with traditional finance.