EchoStar (STU:E20) Construction In Progress : €1,711 Mil (As of Mar. 2024)

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What is EchoStar Construction In Progress?

EchoStar's quarterly construction in progress increased from Sep. 2023 (€606 Mil) to Dec. 2023 (€1,691 Mil) and increased from Dec. 2023 (€1,691 Mil) to Mar. 2024 (€1,711 Mil).

EchoStar's annual construction in progress increased from Dec. 2021 (€140 Mil) to Dec. 2022 (€3,756 Mil) but then declined from Dec. 2022 (€3,756 Mil) to Dec. 2023 (€1,691 Mil).

EchoStar Construction In Progress Historical Data

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

EchoStar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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47.69

81.97

140.33

3,756.31

1,691.26

EchoStar 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															553.30	571.09	605.57	1,691.26	1,711.01

EchoStar 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.

EchoStar (STU:E20) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EchoStar Corp (STU:E20) » Definitions » Construction In Progress

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Traded in Other Exchanges

SATS:USA

Address

100 Inverness Terrace East, Englewood, CO, USA, 80112-5308

Website

https://www.echostar.com

Following the Dish Network merger, satellite television provides the bulk of EchoStar's revenue. The firm serves about 7 million U.S. customers, about 10% of the traditional television market. It launched an internet-based television offering under the Sling brand in 2015 and serves about 2 million customers on this platform. EchoStar's future, however, hinges primarily on the wireless business. The firm has amassed an extensive portfolio of spectrum licenses over the past 15 years and is building a nationwide wireless network. It acquired Sprint's prepaid business and serves about 8 million customers, primarily under the Boost brand. EchoStar's legacy businesses provide satellite telecom services and equipment to businesses and consumers, including about 1 million internet customers.

EchoStar (STU:E20) Headlines

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