Granit AD (XMAE:GRNT) Construction In Progress: MKD0 Mil (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAE:GRNT Granit AD XMAE:GRNT
59 GF Score
Price MKD1,500.00
View Full Analysis

What is Granit AD Construction In Progress?

Granit AD XMAE:GRNT 59 Construction In Progress is MKD0 Mil as of Mar. 2025. GuruFocus rates XMAE:GRNT with a GF Score™ of 59/100.

Granit AD's quarterly construction in progress increased from Sep. 2024 (MKD0 Mil) to Dec. 2024 (MKD233 Mil) but then declined from Dec. 2024 (MKD233 Mil) to Mar. 2025 (MKD0 Mil).

Granit AD's annual construction in progress increased from Dec. 2022 (MKD203 Mil) to Dec. 2023 (MKD402 Mil) but then declined from Dec. 2023 (MKD402 Mil) to Dec. 2024 (MKD233 Mil).

Granit AD Construction In Progress Historical Data

* Premium members only.

The historical data trend for Granit AD'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.

Granit AD Construction In Progress Chart

Granit AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.55 172.04 203.23 402.16 233.32

Granit AD Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.00 0.00 0.00 233.32 0.00
XMAE:GRNT
59GF Score
Granit AD XMAE:GRNT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granit AD 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 MKD0 Mil mean?
Granit AD (XMAE:GRNT) has a Construction In Progress of MKD0 Mil as of Mar. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on Granit AD and its competitors.
Is Granit AD's Construction In Progress too high?
Granit AD's current Construction In Progress is MKD0 Mil. Overall, Granit AD has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Granit AD's Construction In Progress compare to PWR and FIX?
Granit AD's Construction In Progress of MKD0 Mil can be compared against companies in the Construction 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 Construction company?
A good Construction In Progress depends on the Construction 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 Granit AD and its competitors. Granit AD's current Construction In Progress is MKD0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granit AD stock overvalued right now?
Granit AD (XMAE:GRNT) has a current Construction In Progress of MKD0 Mil. The current Construction In Progress is MKD0 Mil. Granit AD's overall GF Score™ is 59/100. 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 Granit AD (XMAE:GRNT), the current Construction In Progress is MKD0 Mil as of Mar. 2025. 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.

Granit AD Business Description

Address Dimitrie Cupovski 8, Skopje, MKD, 1000
Granit AD is engaged in the construction of buildings and infrastructure outside Macedonian borders. The company has been active in Libya, Kuwait, Iraq, Russia, Ukraine, Germany, Albania, Bulgaria, Croatia, Bosnia and Herzegovina, Serbia, among others.
59GF Score

Get the complete analysis for XMAE:GRNT

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MKD1,500.00
Price