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Borealis Foods (Borealis Foods) Construction In Progress : $0.00 Mil (As of Dec. 2023)


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What is Borealis Foods Construction In Progress?

Borealis Foods's quarterly construction in progress declined from Dec. 2021 ($21.92 Mil) to Dec. 2022 ($3.52 Mil) and declined from Dec. 2022 ($3.52 Mil) to Dec. 2023 ($0.00 Mil).

Borealis Foods's annual construction in progress declined from Dec. 2021 ($21.92 Mil) to Dec. 2022 ($3.52 Mil) and declined from Dec. 2022 ($3.52 Mil) to Dec. 2023 ($0.00 Mil).

Borealis Foods Construction In Progress Historical Data

The historical data trend for Borealis Foods'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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Borealis Foods Construction In Progress Chart

Borealis Foods Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
21.92 3.52 -

Borealis Foods Semi-Annual Data
Dec21 Dec22 Dec23
Construction In Progress 21.92 3.52 -

Borealis Foods 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.

Borealis Foods (Borealis Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Borealis Foods Inc (NAS:BRLS) » Definitions » Construction In Progress
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Traded in Other Exchanges
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Address
1540 Cornwall Road, Suite 104, Oakville, ON, CAN, L6J7W5
Website
https://www.borealisfoods.com
Borealis Foods Inc is a food technology company that has developed high-quality, affordable, sustainable, and nutritious ready-to-eat meals. It is a mission-driven company committed to utilizing its products to help solve national and global food security and nutrition challenges. Its commitment to nutrition, affordability and sustainability reflects its goal of positively impacting both human life and the planet. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing advanced solutions to address global food challenges.

Borealis Foods (Borealis Foods) Headlines

From GuruFocus

Borealis Foods, a Rapidly Growing, Mission-Driven Food Tech Company, to Ring Nasdaq Closing Bell

By Business Wire • 02-14-2024