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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Construction In Progress : €18.5 Mil (As of Dec. 2023)


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What is REN-Redes Energeticas Nacionais Sgps Construction In Progress?

REN-Redes Energeticas Nacionais Sgps's quarterly construction in progress declined from Jun. 2023 (€18.1 Mil) to Sep. 2023 (€17.1 Mil) but then increased from Sep. 2023 (€17.1 Mil) to Dec. 2023 (€18.5 Mil).

REN-Redes Energeticas Nacionais Sgps's annual construction in progress declined from Dec. 2021 (€31.2 Mil) to Dec. 2022 (€16.0 Mil) but then increased from Dec. 2022 (€16.0 Mil) to Dec. 2023 (€18.5 Mil).

REN-Redes Energeticas Nacionais Sgps Construction In Progress Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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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REN-Redes Energeticas Nacionais Sgps Construction In Progress Chart

REN-Redes Energeticas Nacionais Sgps 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 22.01 33.49 31.16 16.00 18.53

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16.00 15.94 18.07 17.14 18.53

REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Construction In Progress
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Traded in Other Exchanges
0KBT:UK RN4:Germany
Address
Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
Website
http://www.ren.pt
REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).