Intrepid Potash (FRA:58I1) Construction In Progress : €24.7 Mil (As of Mar. 2024)

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What is Intrepid Potash Construction In Progress?

Intrepid Potash's quarterly construction in progress declined from Sep. 2023 (€35.6 Mil) to Dec. 2023 (€22.0 Mil) but then increased from Dec. 2023 (€22.0 Mil) to Mar. 2024 (€24.7 Mil).

Intrepid Potash's annual construction in progress increased from Dec. 2021 (€10.2 Mil) to Dec. 2022 (€44.5 Mil) but then declined from Dec. 2022 (€44.5 Mil) to Dec. 2023 (€22.0 Mil).

Intrepid Potash Construction In Progress Historical Data

The historical data trend for Intrepid Potash'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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Intrepid Potash Construction In Progress Chart

Intrepid Potash Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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6.41

1.41

10.15

44.55

21.96

Intrepid Potash 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															57.85	52.02	35.57	21.96	24.74

Intrepid Potash 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.

Intrepid Potash (FRA:58I1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Intrepid Potash Inc (FRA:58I1) » Definitions » Construction In Progress

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IPI:USA

Address

707 17th Street, Suite 4200, Denver, CO, USA, 80202

Website

https://www.intrepidpotash.com

Intrepid Potash Inc produces and sells potash and potash byproducts in three main product segments: Potash, Trio, and Oilfield solutions. The Potash segment produces and sells potash to the agricultural industry as a fertilizer input, the industrial market as a component of oil and gas drilling fluid, and the animal feed market as a nutrient supplement. The Trio segment produces and sells specialty fertilizer that consists of potassium, sulfate, and magnesium, and is mined from langbeinite ore. The oilfield solutions segment offers water, high-speed potassium chloride mixing services, salt water disposal services, and trucking services. The vast majority of revenue is generated in the United States, which is also the location of the firm's production facilities.

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