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BEST Venture Opportunities Fund (XCNQ:BVOF.A) Construction In Progress : C$0.00 Mil (As of Aug. 2024)


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What is BEST Venture Opportunities Fund Construction In Progress?

BEST Venture Opportunities Fund Construction In Progress Historical Data

The historical data trend for BEST Venture Opportunities Fund'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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BEST Venture Opportunities Fund Construction In Progress Chart

BEST Venture Opportunities Fund Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Construction In Progress
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BEST Venture Opportunities Fund Semi-Annual Data
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BEST Venture Opportunities Fund 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.

BEST Venture Opportunities Fund Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BEST Venture Opportunities Fund Inc (XCNQ:BVOF.A) » Definitions » Construction In Progress
Comparable Companies
TSX:XMF.A XCNQ:LLL NEOE:JPEG TSX:FTU XCNQ:TEAM XCNQ:CLDV XCNQ:BLR XCNQ:MIDO TSXV:MNX TSXV:PVIS BLK KKR BX APO TSX:BN OSTO:INVE A AMP LSE:III ARES XSWX:PGHN
Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Website
http://www.bestfunds.ca
BEST Venture Opportunities Fund Inc is registered as a Labour Sponsored Investment Fund Corporation. The Fund seeks to achieve long-term capital appreciation by investing its assets in accordance with the requirements of the Community Small Business Investment Funds Act (Ontario) and the Income Tax Act (Canada). It diversifies its portfolio by investing in a variety of industries and stages of development including mature, expansion, acquisition, start-up and turnaround stages.

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