Fortis
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Fortis's balance sheet done over the years? Its assets were worth $65,920,000,000 last year, which is more than in the previous period. 65% of Fortis’s total assets is currently financed by debt. Its liabilities reached the amount of $42,588,000,000, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2014 | 26628000000 | 17.51B | 65.78% |
|---|---|---|---|
| 2015 | 28804000000 | 18.45B | 64.06% |
| 2016 | 47904000000 | 31.45B | 65.66% |
| 2017 | 47822000000 | 31.07B | 64.98% |
| 2018 | 53051000000 | 34.59B | 65.21% |
| 2019 | 53404000000 | 33.29B | 62.34% |
| 2020 | 55481000000 | 35.19B | 63.44% |
| 2021 | 57659000000 | 36.74B | 63.72% |
| 2022 | 64252000000 | 41.41B | 64.45% |
| 2023 | 65920000000 | 42.58B | 64.61% |
FTS.TO Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 625M | 209M | 131M | 249M | 370M | 332M | 327M | 269M | 242M | 230M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.62B | 1.75B | 1.26B | 1.17B | 1.10B | 1.17B | 991M | 1.05B | 855M | 838M |
Inventory | 566M | 661M | 478M | 422M | 394M | 398M | 367M | 372M | 337M | 321M |
Other current assets | 1.20B | 1.49B | 734M | 665M | 617M | 510M | 522M | 389M | 423M | 574M |
Total current assets | 4.02B | 4.26B | 2.72B | 2.61B | 2.57B | 3.26B | 2.20B | 2.16B | 1.85B | 1.96B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 43.43B | 41.70B | 37.85B | 36.03B | 34.03B | 32.65B | 29.66B | 29.33B | 19.59B | 17.81B |
Goodwill | 12.18B | 12.46B | 11.72B | 11.79B | 12.00B | 12.53B | 11.64B | 12.36B | 4.17B | 3.73B |
Intangible assets | 1.51B | 1.54B | 1.34B | 1.29B | 1.26B | 1.2B | 1.08B | 1.01B | 541M | 488M |
Long term investments | 370M | 316M | 178M | 158M | 126M | 153M | 124M | 99M | 125M | 12M |
Other non-current assets | 4.39B | 2.32B | 231M | 215M | 210M | 204M | 171M | 136M | 93M | 2.55B |
Total non-current assets | 61.89B | 59.98B | 54.93B | 52.86B | 50.83B | 49.79B | 45.61B | 45.73B | 26.94B | 24.66B |
Total assets | 65.92B | 64.25B | 57.65B | 55.48B | 53.40B | 53.05B | 47.82B | 47.90B | 28.80B | 26.62B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 401M | 222M | 214M | 226M | 267M | 204M | 287M | 683M | 687M |
Short term debt | 2.41B | 2.73B | 1.87B | 1.38B | 1.22B | 1.23B | 961M | 1.48B | 921M | 1.06B |
Total current liabilities | 5.96B | 6.61B | 4.80B | 4.14B | 4.17B | 4.25B | 3.50B | 3.94B | 2.63B | 2.68B |
| Non-current liabilities: | ||||||||||
Long term debt | 27.61B | 26.30B | 24.07B | 23.47B | 21.99B | 23.54B | 21.10B | 21.33B | 11.27B | 10.54B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 9.01B | 4.32B | 4.14B | 4.09B | 4.08B | 4.05B | 6.46B | 2.84B | 4.54B | 2.45B |
Total non-current liabilities | 36.62B | 34.79B | 31.94B | 31.04B | 29.11B | 30.34B | 27.56B | 27.51B | 15.81B | 14.83B |
Total liabilities | 42.58B | 41.41B | 36.74B | 35.19B | 33.29B | 34.59B | 31.07B | 31.45B | 18.45B | 17.51B |
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