MTI (MYTIF) Construction In Progress : $2.0 Mil (As of Mar. 2024)

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What is MTI Construction In Progress?

MTI's quarterly construction in progress increased from Sep. 2023 ($2.1 Mil) to Dec. 2023 ($2.1 Mil) but then declined from Dec. 2023 ($2.1 Mil) to Mar. 2024 ($2.0 Mil).

MTI's annual construction in progress declined from Sep. 2021 ($2.9 Mil) to Sep. 2022 ($2.4 Mil) and declined from Sep. 2022 ($2.4 Mil) to Sep. 2023 ($2.1 Mil).

MTI Construction In Progress Historical Data

The historical data trend for MTI'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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MTI Construction In Progress Chart

MTI Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Construction In Progress

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4.76

4.68

2.89

2.36

2.07

MTI 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															2.49	2.16	2.07	2.07	1.99

MTI 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.

MTI (MYTIF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MTI Ltd (OTCPK:MYTIF) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

9438:Japan

Address

35th Floor, Tokyo Opera City Tower 3-20-2, Nishi-Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-1435

Website

http://www.mti.co.jp

MTI Ltd is engaged in the content distribution business for mobile phones in Japan. The company provides health care services through Lunaruna app, Lunaruna baby, and Lunaruna medicine notebook. It is involved in providing music/video services, electronic book services, life information services, and entertainment services.

MTI (MYTIF) Headlines

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