Fortis Total Assets from 2010 to 2024

FTS Stock

USD 44.58 0.25 0.56%

Fortis Total Assets yearly trend continues to be comparatively stable with very little volatility. Total Assets are likely to outpace its year average in 2024. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

1997-03-31

Previous Quarter

68.8 B

Current Value

69.6 B

Quarterly Volatility

23.1 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' Total Assets Growth Pattern

Below is the plot of the Total Assets of Fortis Inc over the last few years. Total assets refers to the total amount of Fortis assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fortis Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Fortis' Total Assets 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.

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Last Reported 65.92 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Fortis Total Assets Regression Statistics

	Arithmetic Mean	41,165,160,600
	Geometric Mean	30,159,126,224
	Coefficient Of Variation	53.40
	Mean Deviation	19,229,673,947
	Median	47,904,000,000
	Standard Deviation	21,981,462,359
	Sample Variance	483184687.4T
	Range	68.3B
	R-Value	0.97
	Mean Square Error	28038358.7T
	R-Squared	0.95
	Slope	4,780,946,918
	Total Sum of Squares	6764585624.1T

Fortis Total Assets History

	2024	69.2 B
	2023	65.9 B
	2022	64.3 B
	2021	57.7 B
	2020	55.5 B
	2019	53.4 B
	2018	53.1 B

Other Fundumenentals of Fortis Inc

Intangibles To Total Assets

Fortis Total Assets component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Retained Earnings	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Intangible Assets	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	-0.02	1.0	0.61	0.95	0.96	1.0	0.94	0.9	0.99	0.92	0.75	1.0	0.94	0.85	0.19	0.91	0.95	0.94	-0.94	0.8	-0.65	0.78
Total Stockholder Equity	1.0		-0.01	0.99	0.61	0.95	0.95	0.99	0.94	0.9	1.0	0.94	0.78	0.99	0.93	0.84	0.19	0.91	0.94	0.93	-0.93	0.81	-0.67	0.8
Current Deferred Revenue	-0.02	-0.01		-0.03	0.04	0.13	-0.14	-0.01	0.13	0.15	-0.07	-0.06	0.04	-0.08	-0.06	0.02	0.12	-0.09	-0.19	-0.29	0.27	-0.11	0.04	-0.13
Net Debt	1.0	0.99	-0.03		0.59	0.95	0.97	1.0	0.94	0.9	0.99	0.91	0.73	1.0	0.94	0.84	0.19	0.91	0.95	0.95	-0.94	0.79	-0.63	0.76
Accounts Payable	0.61	0.61	0.04	0.59		0.7	0.53	0.61	0.64	0.52	0.6	0.6	0.47	0.6	0.49	0.47	0.05	0.7	0.57	0.55	-0.53	0.54	-0.44	0.47
Net Receivables	0.95	0.95	0.13	0.95	0.7		0.86	0.96	0.98	0.95	0.93	0.92	0.8	0.94	0.87	0.89	0.27	0.86	0.9	0.84	-0.86	0.84	-0.72	0.79
Good Will	0.96	0.95	-0.14	0.97	0.53	0.86		0.96	0.85	0.79	0.97	0.81	0.59	0.98	0.92	0.72	0.12	0.92	0.91	0.96	-0.91	0.66	-0.5	0.63
Total Liab	1.0	0.99	-0.01	1.0	0.61	0.96	0.96		0.95	0.9	0.99	0.92	0.75	1.0	0.94	0.85	0.19	0.91	0.95	0.94	-0.94	0.8	-0.64	0.77
Total Current Assets	0.94	0.94	0.13	0.94	0.64	0.98	0.85	0.95		0.94	0.91	0.92	0.81	0.93	0.86	0.92	0.24	0.82	0.9	0.84	-0.86	0.87	-0.69	0.8
Short Term Debt	0.9	0.9	0.15	0.9	0.52	0.95	0.79	0.9	0.94		0.87	0.91	0.86	0.87	0.86	0.94	0.39	0.78	0.87	0.8	-0.83	0.89	-0.81	0.85
Common Stock	0.99	1.0	-0.07	0.99	0.6	0.93	0.97	0.99	0.91	0.87		0.92	0.75	0.99	0.94	0.82	0.18	0.92	0.95	0.95	-0.94	0.79	-0.65	0.78
Retained Earnings	0.92	0.94	-0.06	0.91	0.6	0.92	0.81	0.92	0.92	0.91	0.92		0.92	0.91	0.85	0.9	0.25	0.82	0.92	0.86	-0.9	0.94	-0.82	0.95
Net Tangible Assets	0.75	0.78	0.04	0.73	0.47	0.8	0.59	0.75	0.81	0.86	0.75	0.92		0.71	0.76	0.9	0.41	0.63	0.8	0.67	-0.75	0.92	-0.85	0.95
Long Term Debt	1.0	0.99	-0.08	1.0	0.6	0.94	0.98	1.0	0.93	0.87	0.99	0.91	0.71		0.93	0.83	0.16	0.91	0.95	0.96	-0.95	0.78	-0.61	0.75
Deferred Long Term Liab	0.94	0.93	-0.06	0.94	0.49	0.87	0.92	0.94	0.86	0.86	0.94	0.85	0.76	0.93		0.85	0.36	0.85	0.95	0.91	-0.9	0.73	-0.57	0.72
Long Term Investments	0.85	0.84	0.02	0.84	0.47	0.89	0.72	0.85	0.92	0.94	0.82	0.9	0.9	0.83	0.85		0.41	0.68	0.89	0.78	-0.85	0.92	-0.77	0.88
Short Long Term Debt	0.19	0.19	0.12	0.19	0.05	0.27	0.12	0.19	0.24	0.39	0.18	0.25	0.41	0.16	0.36	0.41		0.13	0.26	0.15	-0.17	0.26	-0.27	0.26
Intangible Assets	0.91	0.91	-0.09	0.91	0.7	0.86	0.92	0.91	0.82	0.78	0.92	0.82	0.63	0.91	0.85	0.68	0.13		0.86	0.93	-0.86	0.72	-0.57	0.65
Property Plant Equipment	0.95	0.94	-0.19	0.95	0.57	0.9	0.91	0.95	0.9	0.87	0.95	0.92	0.8	0.95	0.95	0.89	0.26	0.86		0.94	-0.95	0.84	-0.68	0.82
Long Term Debt Total	0.94	0.93	-0.29	0.95	0.55	0.84	0.96	0.94	0.84	0.8	0.95	0.86	0.67	0.96	0.91	0.78	0.15	0.93	0.94		-0.95	0.78	-0.58	0.73
Capital Surpluse	-0.94	-0.93	0.27	-0.94	-0.53	-0.86	-0.91	-0.94	-0.86	-0.83	-0.94	-0.9	-0.75	-0.95	-0.9	-0.85	-0.17	-0.86	-0.95	-0.95		-0.82	0.67	-0.8
Net Invested Capital	0.8	0.81	-0.11	0.79	0.54	0.84	0.66	0.8	0.87	0.89	0.79	0.94	0.92	0.78	0.73	0.92	0.26	0.72	0.84	0.78	-0.82		-0.87	0.95
Net Working Capital	-0.65	-0.67	0.04	-0.63	-0.44	-0.72	-0.5	-0.64	-0.69	-0.81	-0.65	-0.82	-0.85	-0.61	-0.57	-0.77	-0.27	-0.57	-0.68	-0.58	0.67	-0.87		-0.91
Capital Stock	0.78	0.8	-0.13	0.76	0.47	0.79	0.63	0.77	0.8	0.85	0.78	0.95	0.95	0.75	0.72	0.88	0.26	0.65	0.82	0.73	-0.8	0.95	-0.91

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About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Total Assets, 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
Total Assets	65.9 B	69.2 B
Intangibles To Total Assets	0.21	0.11

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