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ADNOC Gas (ADX:ADNOCGAS) Construction In Progress : د.إ11,560 Mil (As of Dec. 2023)


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What is ADNOC Gas Construction In Progress?

ADNOC Gas's quarterly construction in progress declined from Dec. 2020 (د.إ7,555 Mil) to Dec. 2021 (د.إ7,093 Mil) but then increased from Dec. 2021 (د.إ7,093 Mil) to Dec. 2023 (د.إ11,560 Mil).

ADNOC Gas's annual construction in progress declined from Dec. 2020 (د.إ7,555 Mil) to Dec. 2021 (د.إ7,093 Mil) but then increased from Dec. 2021 (د.إ7,093 Mil) to Dec. 2023 (د.إ11,560 Mil).

ADNOC Gas Construction In Progress Historical Data

The historical data trend for ADNOC Gas'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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ADNOC Gas Construction In Progress Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23
Construction In Progress
7,555.36 7,092.56 11,559.62

ADNOC Gas Semi-Annual Data
Dec20 Dec21 Dec23
Construction In Progress 7,555.36 7,092.56 11,559.62

ADNOC Gas 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.

ADNOC Gas (ADX:ADNOCGAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Gas PLC (ADX:ADNOCGAS) » Definitions » Construction In Progress
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Traded in Other Exchanges
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Address
Corniche Road West, P.O. Box 898, Abu Dhabi, ARE
Website
https://www.adnoc.ae
ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

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