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Hydro One (TSX:H) Construction In Progress : C$1,921 Mil (As of Mar. 2024)


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What is Hydro One Construction In Progress?

Hydro One's quarterly construction in progress declined from Sep. 2023 (C$1,723 Mil) to Dec. 2023 (C$0 Mil) but then increased from Dec. 2023 (C$0 Mil) to Mar. 2024 (C$1,921 Mil).

Hydro One's annual construction in progress declined from Dec. 2021 (C$1,417 Mil) to Dec. 2022 (C$1,230 Mil) and declined from Dec. 2022 (C$1,230 Mil) to Dec. 2023 (C$0 Mil).


Hydro One Construction In Progress Historical Data

The historical data trend for Hydro One'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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Hydro One Construction In Progress Chart

Hydro One 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 892.00 1,135.00 1,417.00 1,230.00 -

Hydro One 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 1,476.00 1,683.00 1,723.00 - 1,921.00

Hydro One 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.


Hydro One (TSX:H) Business Description

Traded in Other Exchanges
Address
483 Bay Street, South Tower, 8th Floor, Toronto, ON, CAN, M5G 2P5
Hydro One operates regulated transmission and distribution assets in Ontario. The area's largest electricity provider serves nearly 1.5 million customers. Transmission accounts for roughly 60% of the company's rate base, with distribution accounting for the remainder. Hydro One operates a small telecom business with annual revenue contributing less than 1% to consolidated results. The province of Ontario holds an approximate 47% common equity stake.
Executives
Darlene Ann Bradley Senior Officer