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Graphene Manufacturing Group (TSXV:GMG) Construction In Progress : C$1.91 Mil (As of Mar. 2024)


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What is Graphene Manufacturing Group Construction In Progress?

Graphene Manufacturing Group's quarterly construction in progress increased from Sep. 2023 (C$1.84 Mil) to Dec. 2023 (C$3.30 Mil) but then declined from Dec. 2023 (C$3.30 Mil) to Mar. 2024 (C$1.91 Mil).

Graphene Manufacturing Group's annual construction in progress increased from Jun. 2021 (C$0.00 Mil) to Jun. 2022 (C$0.23 Mil) and increased from Jun. 2022 (C$0.23 Mil) to Jun. 2023 (C$1.69 Mil).


Graphene Manufacturing Group Construction In Progress Historical Data

The historical data trend for Graphene Manufacturing Group'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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Graphene Manufacturing Group Construction In Progress Chart

Graphene Manufacturing Group Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Construction In Progress
- - 0.23 1.69

Graphene Manufacturing Group Quarterly Data
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 1.29 1.69 1.84 3.30 1.91

Graphene Manufacturing Group 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.


Graphene Manufacturing Group (TSXV:GMG) Business Description

Traded in Other Exchanges
Address
5/848 Boundary Road, Unit 5, Richlands, QLD, AUS, 4077
Graphene Manufacturing Group Ltd is involved in the production of high-quality graphene used predominantly in paints, coolants, and lubricants targeting to improve energy efficiency and reduce costs, and additionally in next-generation battery technology. It is a clean-technology-focused company that aims to offer energy-saving products and solutions and energy storage products, enabled by Graphene manufactured in-house via a proprietary production process.
Executives
Craig Nicol Director, Senior Officer
Andrew James Small Director

Graphene Manufacturing Group (TSXV:GMG) Headlines

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