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Neoenergia (XMAD:XNEO) Construction In Progress : €101 Mil (As of Sep. 2024)


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What is Neoenergia Construction In Progress?

Neoenergia's quarterly construction in progress declined from Mar. 2024 (€121 Mil) to Jun. 2024 (€112 Mil) and declined from Jun. 2024 (€112 Mil) to Sep. 2024 (€101 Mil).

Neoenergia's annual construction in progress declined from Dec. 2021 (€388 Mil) to Dec. 2022 (€254 Mil) and declined from Dec. 2022 (€254 Mil) to Dec. 2023 (€122 Mil).

Neoenergia Construction In Progress Historical Data

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

Neoenergia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.11 228.00 388.28 254.11 121.65

Neoenergia Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 131.86 121.65 121.01 111.94 100.71

Neoenergia 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.

Neoenergia Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Neoenergia SA (XMAD:XNEO) » Definitions » Construction In Progress
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Traded in Other Exchanges
NEOE3:Brazil
Address
Praia do Flamengo 78, 4th floor, Flamengo, RJ, BRA
Website
http://www.neoenergia.com
Neoenergia SA engages in generation, transmission, distribution, and trading of electric energy in Brazil.The company operates electricity generation plants comprising, hydroelectric, thermoelectric, wind, and cogeneration plants. The company also provides consulting and energy management services.

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