Fortrea Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Fortrea Holdings's balance sheet done over the years? Its assets were worth $4,357,200,000 last year, which is more than in the previous period. 60% of Fortrea Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $2,618,400,000, which means an increase by 177% compared compared to last year.
Debt to Assets
| 2021 | 4368700000 | 1.10B | 25.36% |
|---|---|---|---|
| 2022 | 4287900000 | 945.3M | 22.05% |
| 2023 | 4357200000 | 2.61B | 60.09% |
FTRE Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 108.6M | 112M | 94.6M |
Short term investments | 0 | 0 | 0 |
Net receivables | 1.07B | 1.05B | 949.8M |
Inventory | 0 | 0 | 0 |
Other current assets | 70.4M | 83.5M | 73.1M |
Total current assets | 1.25B | 1.24B | 1.11B |
Non-current assets: | |||
Property, Plant and Equipment | 220.9M | 164.9M | 162.6M |
Goodwill | 2.02B | 1.99B | 2.08B |
Intangible assets | 771.2M | 823.3M | 935.5M |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 79.5M | 54.3M | 70.8M |
Total non-current assets | 3.10B | 3.04B | 3.25B |
Total assets | 4.35B | 4.28B | 4.36B |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 241.4M | 271.5M | 307M |
Short term debt | 65.1M | 23.3M | 24M |
Total current liabilities | 775.9M | 699M | 826.7M |
| Non-current liabilities: | |||
Long term debt | 1.63B | 40.1M | 53.2M |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 61.3M | 21.7M | 17.9M |
Total non-current liabilities | 1.84B | 246.3M | 281.4M |
Total liabilities | 2.61B | 945.3M | 1.10B |
| Data source |