RENK Group AG (XTER:R3NK) Construction In Progress : €0.0 Mil (As of Sep. 2024)

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What is RENK Group AG Construction In Progress?

RENK Group AG's quarterly construction in progress increased from Mar. 2024 (€0.0 Mil) to Jun. 2024 (€22.0 Mil) but then declined from Jun. 2024 (€22.0 Mil) to Sep. 2024 (€0.0 Mil).

RENK Group AG's annual construction in progress declined from Dec. 2020 (€25.4 Mil) to Dec. 2021 (€20.8 Mil) and declined from Dec. 2021 (€20.8 Mil) to Dec. 2022 (€15.6 Mil).

RENK Group AG Construction In Progress Historical Data

The historical data trend for RENK Group AG'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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RENK Group AG Construction In Progress Chart

RENK Group AG Annual Data

Trend

Dec20

Dec21

Dec22

Construction In Progress

25.36

20.77

15.63

RENK Group AG Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Construction In Progress	Get a 7-Day Free Trial					12.84	-	-	21.96	-

RENK Group AG 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.

RENK Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RENK Group AG (XTER:R3NK) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

R3NKd:UK RENK:Austria

Address

Gogginger street 73, Augsburg, BY, DEU, 86159

Website

https://www.renk.com

RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments; Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from America and the rest from Germany, Asia, Africa, other European countries, Australia and Oceania.

Executives

Susanne Wiegand	Board of Directors
Christian Schulz	Board of Directors
Claus Von Hermann	Supervisory Board
Johannes Meier	Supervisory Board
Cécile Dutheil	Supervisory Board

RENK Group AG Headlines

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