Fortis Interest Debt Per Share from 2010 to 2024

FTS Stock  USD 44.58  0.25  0.56%   
Fortis Interest Debt Per Share yearly trend continues to be comparatively stable with very little volatility. Interest Debt Per Share is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortis Interest Debt Per Share quarterly data regression had r-value of  0.79 and coefficient of variation of  32.36. View All Fundamentals
 
Interest Debt Per Share  
First Reported
2010-12-31
Previous Quarter
63.65412297
Current Value
66.84
Quarterly Volatility
16.31863011
 
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' Interest Debt Per Share Growth Pattern

Below is the plot of the Interest Debt Per Share of Fortis Inc over the last few years. It is Fortis' Interest Debt Per Share 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.
Interest Debt Per Share10 Years Trend
Slightly volatile
   Interest Debt Per Share   
       Timeline  

Fortis Interest Debt Per Share Regression Statistics

Arithmetic Mean50.43
Geometric Mean46.28
Coefficient Of Variation32.36
Mean Deviation12.31
Median54.42
Standard Deviation16.32
Sample Variance266.30
Range65.0427
R-Value0.79
Mean Square Error106.03
R-Squared0.63
Significance0.0004
Slope2.90
Total Sum of Squares3,728

Fortis Interest Debt Per Share History

2024 66.84
2023 63.65
2022 62.2
2021 56.46
2020 54.95
2019 54.42
2018 59.15

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Interest Debt Per Share, 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 ReportedProjected for Next Year
Interest Debt Per Share 63.65  66.84 

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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.