Fortis Cash from 2010 to 2024

FTS Stock  USD 45.16  0.34  0.76%   
Fortis Cash yearly trend continues to be comparatively stable with very little volatility. Cash is likely to outpace its year average in 2024. Cash is the total amount of money in the form of currency that Fortis Inc has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
1997-03-31
Previous Quarter
561 M
Current Value
896 M
Quarterly Volatility
200.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0393 or PTB Ratio of 1.44. Fortis financial statements analysis is a perfect complement when working with Fortis Valuation or Volatility modules.
  
Check out the analysis of Fortis Correlation against competitors.

Latest Fortis' Cash Growth Pattern

Below is the plot of the Cash of Fortis Inc over the last few years. Cash refers to the most liquid asset of Fortis Inc, which is listed under current asset account on Fortis Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Fortis customers. The amounts must be unrestricted with restricted cash listed in a different Fortis account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Fortis' Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortis' overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Fortis Cash Regression Statistics

Arithmetic Mean264,049,867
Geometric Mean183,659,396
Coefficient Of Variation69.61
Mean Deviation132,660,107
Median242,000,000
Standard Deviation183,814,019
Sample Variance33787.6T
Range650.8M
R-Value0.75
Mean Square Error15791.7T
R-Squared0.57
Significance0
Slope30,922,371
Total Sum of Squares473026.3T

Fortis Cash History

2024656.2 M
2023625 M
2022209 M
2021131 M
2020249 M
2019370 M
2018332 M

Other Fundumenentals of Fortis Inc

Fortis Cash component correlations

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Cash, to determine how well the company is positioned to perform in the future. Although Fortis investors may analyze each financial statement separately, they are all interrelated. The changes in Fortis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

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Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.