Fortis Non Currrent Assets Other from 2010 to 2024

FTS Stock  USD 44.58  0.25  0.56%   
Fortis Non Currrent Assets Other yearly trend continues to be comparatively stable with very little volatility. Non Currrent Assets Other are likely to outpace its year average in 2024. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
1997-03-31
Previous Quarter
5.1 B
Current Value
5.1 B
Quarterly Volatility
1.5 B
 
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' Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Fortis Inc over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Fortis' Non Currrent Assets Other 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.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Fortis Non Currrent Assets Other Regression Statistics

Arithmetic Mean1,274,865,267
Geometric Mean489,076,082
Coefficient Of Variation124.91
Mean Deviation1,333,407,787
Median215,000,000
Standard Deviation1,592,490,738
Sample Variance2536026.7T
Range4.5B
R-Value0.45
Mean Square Error2186086.7T
R-Squared0.20
Significance0.1
Slope159,073,739
Total Sum of Squares35504374.5T

Fortis Non Currrent Assets Other History

20244.6 B
20234.4 B
20222.3 B
2021231 M
2020215 M
2019210 M
2018204 M

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Non Currrent Assets Other, 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
Non Currrent Assets Other4.4 B4.6 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.