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Smartnd (FRA:1SD) Construction In Progress : €5.3 Mil (As of Mar. 2024)


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What is Smartnd Construction In Progress?

Smartnd's quarterly construction in progress declined from Sep. 2023 (€8.5 Mil) to Dec. 2023 (€5.8 Mil) and declined from Dec. 2023 (€5.8 Mil) to Mar. 2024 (€5.3 Mil).

Smartnd's annual construction in progress increased from Dec. 2021 (€8.5 Mil) to Dec. 2022 (€9.8 Mil) but then declined from Dec. 2022 (€9.8 Mil) to Dec. 2023 (€5.8 Mil).


Smartnd Construction In Progress Historical Data

The historical data trend for Smartnd'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.

* Premium members only.

Smartnd Construction In Progress Chart

Smartnd 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 8.29 6.16 8.47 9.84 5.75

Smartnd 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 9.32 13.07 8.53 5.75 5.28

Smartnd 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.


Smartnd (FRA:1SD) Business Description

Industry
Traded in Other Exchanges
Address
28420 Hardy Toll Road, Suite 130, Spring, TX, USA, 77373
Smart Sand Inc is a fully integrated frac sand supply and services company that offers complete mine-to-well site proppant supply and logistics solutions. It produces Northern White frac sand, which is a premium proppant used to enhance hydrocarbon recovery rates in the hydraulic fracturing of oil and natural gas wells. Its product portfolio includes Smart System, which includes SmartDepot Silo and SmartPath Loader. The company caters its products and services to oil and natural gas exploration and production companies and oilfield service companies. The majority of its revenue comes from Sand Sales, followed by logistics.

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