Fortis Depreciation And Amortization from 2010 to 2024
FTS Stock | USD 44.58 0.25 0.56% |
Depreciation And Amortization | First Reported 1997-03-31 | Previous Quarter 480 M | Current Value 480 M | Quarterly Volatility 155.2 M |
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.
Fortis | Depreciation And Amortization |
Latest Fortis' Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of Fortis Inc over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. Fortis' Depreciation And Amortization 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.
Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
Timeline |
Fortis Depreciation And Amortization Regression Statistics
Arithmetic Mean | 1,037,043,200 | |
Geometric Mean | 802,483,007 | |
Coefficient Of Variation | 52.65 | |
Mean Deviation | 453,113,013 | |
Median | 983,000,000 | |
Standard Deviation | 545,990,162 | |
Sample Variance | 298105.3T | |
Range | 1.8B | |
R-Value | 0.97 | |
Mean Square Error | 17902.8T | |
R-Squared | 0.94 | |
Slope | 118,634,157 | |
Total Sum of Squares | 4173473.6T |
Fortis Depreciation And Amortization History
About Fortis Financial Statements
Fortis shareholders use historical fundamental indicators, such as Depreciation And Amortization, 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.
Last Reported | Projected for Next Year | ||
Depreciation And Amortization | 1.8 B | 1.9 B |
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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.