Lightning eMotors (FRA:9LK) Construction In Progress : €0.71 Mil (As of Sep. 2023)

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What is Lightning eMotors Construction In Progress?

Lightning eMotors's quarterly construction in progress increased from Mar. 2023 (€3.14 Mil) to Jun. 2023 (€3.26 Mil) but then declined from Jun. 2023 (€3.26 Mil) to Sep. 2023 (€0.71 Mil).

Lightning eMotors's annual construction in progress declined from Dec. 2020 (€0.89 Mil) to Dec. 2021 (€0.85 Mil) but then increased from Dec. 2021 (€0.85 Mil) to Dec. 2022 (€2.19 Mil).

Lightning eMotors Construction In Progress Historical Data

The historical data trend for Lightning eMotors'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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Lightning eMotors Construction In Progress Chart

Lightning eMotors Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Construction In Progress

0.11

0.89

0.85

2.19

Lightning eMotors Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Construction In Progress	Get a 7-Day Free Trial										1.96	2.19	3.14	3.26	0.71

Lightning eMotors 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.

Lightning eMotors (FRA:9LK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (FRA:9LK) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

ZEVY:USA

Address

815 14th Street South West, Suite A100, Loveland, CO, USA, 80537

Website

https://www.lightningemotors.com

Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

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