Empresa Electrica de Magallanes (XSGO:EDELMAG) Construction In Progress : CLP12,057 Mil (As of Dec. 2023)

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What is Empresa Electrica de Magallanes Construction In Progress?

Empresa Electrica de Magallanes's quarterly construction in progress increased from Jun. 2023 (CLP9,554 Mil) to Sep. 2023 (CLP11,091 Mil) and increased from Sep. 2023 (CLP11,091 Mil) to Dec. 2023 (CLP12,057 Mil).

Empresa Electrica de Magallanes's annual construction in progress increased from Dec. 2021 (CLP10,345 Mil) to Dec. 2022 (CLP12,811 Mil) but then declined from Dec. 2022 (CLP12,811 Mil) to Dec. 2023 (CLP12,057 Mil).

Empresa Electrica de Magallanes Construction In Progress Historical Data

The historical data trend for Empresa Electrica de Magallanes'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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Empresa Electrica de Magallanes Construction In Progress Chart

Empresa Electrica de Magallanes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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5,211.19

8,535.12

10,345.10

12,810.90

12,057.40

Empresa Electrica de Magallanes 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															12,810.90	8,804.56	9,554.00	11,091.02	12,057.40

Empresa Electrica de Magallanes 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.

Empresa Electrica de Magallanes (XSGO:EDELMAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Electrica de Magallanes SA (XSGO:EDELMAG) » Definitions » Construction In Progress

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Traded in Other Exchanges

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Address

Croacia Numero 444, Punta Arenas, CHL, 621-2667

Website

http://www.edelmag.cl

Empresa Electrica de Magallanes SA is a Chile based firm. It is engaged in the generation, transmission, distribution and supply of electricity. The Company operates in the XII Region, with the provision of its services to the Magellan land and Chilean Antarctic, serving the communities of Punta Arenas.

Empresa Electrica de Magallanes (XSGO:EDELMAG) Headlines

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