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Abu Dhabi National Hotels (ADX:ADNH) Construction In Progress : د.إ0 Mil (As of Mar. 2024)


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What is Abu Dhabi National Hotels Construction In Progress?

Abu Dhabi National Hotels's quarterly construction in progress increased from Sep. 2023 (د.إ0 Mil) to Dec. 2023 (د.إ288 Mil) but then declined from Dec. 2023 (د.إ288 Mil) to Mar. 2024 (د.إ0 Mil).

Abu Dhabi National Hotels's annual construction in progress declined from Dec. 2021 (د.إ245 Mil) to Dec. 2022 (د.إ214 Mil) but then increased from Dec. 2022 (د.إ214 Mil) to Dec. 2023 (د.إ288 Mil).


Abu Dhabi National Hotels Construction In Progress Historical Data

The historical data trend for Abu Dhabi National Hotels'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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Abu Dhabi National Hotels Construction In Progress Chart

Abu Dhabi National Hotels 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 151.04 247.19 244.97 214.08 288.04

Abu Dhabi National Hotels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 288.04 -

Abu Dhabi National Hotels 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.


Abu Dhabi National Hotels (ADX:ADNH) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 46806, Abu Dhabi, ARE
Abu Dhabi National Hotels is engaged in the hospitality business. The company's reportable segment includes Hotels, Transport services, and Holding. It generates maximum revenue from the hotel segment. The company earns the majority of its revenue from room rentals, food, beverage, and other ancillary services. It also manages other hotels for the account of other parties.

Abu Dhabi National Hotels (ADX:ADNH) Headlines

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