Nickel Asia (Nickel Asia) Construction In Progress : $0.0 Mil (As of Mar. 2024)

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What is Nickel Asia Construction In Progress?

Nickel Asia's quarterly construction in progress increased from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($69.0 Mil) but then declined from Dec. 2023 ($69.0 Mil) to Mar. 2024 ($0.0 Mil).

Nickel Asia's annual construction in progress declined from Dec. 2021 ($103.3 Mil) to Dec. 2022 ($41.2 Mil) but then increased from Dec. 2022 ($41.2 Mil) to Dec. 2023 ($69.0 Mil).

Nickel Asia Construction In Progress Historical Data

The historical data trend for Nickel Asia'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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Nickel Asia Construction In Progress Chart

Nickel Asia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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110.84

126.20

103.33

41.24

69.05

Nickel Asia 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															-	-	-	69.05	-

Nickel Asia 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.

Nickel Asia (Nickel Asia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Asia Corp (OTCPK:NCKAF) » Definitions » Construction In Progress

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NIKL:Philippines

Address

32nd Street, Bonifacio Global City, 28th Floor NAC Tower, Taguig, PHL, 1634

Website

https://www.nickelasia.com

Nickel Asia Corp is a nickel ore mining company engaged in operating five mines; the Rio Tuba mine, the Taganito mine, the Tagana-an mine, the Cagdianao mine, and the Dinapigue mine. It produces saprolite (nickel ore with an iron content of less than 20%) and limonite (nickel ore with an iron content greater than 20%) ore. The company has three operating segments; The mining segment which accounts for a majority of the company's revenue includes the mining and exploration of nickel saprolite and limonite ore, limestone, and quarry materials, The services segment includes chartering out of LCT, construction and rendering of services to CBNC, THNC, and other parties and leasing of aircraft to WAISC, and The power segment is into power generation and exploration for geothermal resources.

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