Fortescue Historical Balance Sheet

FMG Stock

18.30 0.08 0.44%

Trend analysis of Fortescue balance sheet accounts such as Other Current Liabilities of 1.5 B or Total Current Liabilities of 2.8 B provides information on Fortescue's total assets, liabilities, and equity, which is the actual value of Fortescue to its prevalent stockholders. By breaking down trends over time using Fortescue balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Fortescue latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fortescue is a good buy for the upcoming year.

Fortescue Inventory

1.6 Billion

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortescue. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Fortescue Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Fortescue at a specified time, usually calculated after every quarter, six months, or one year. Fortescue Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortescue and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fortescue currently owns. An asset can also be divided into two categories, current and non-current.

Fortescue Balance Sheet Chart

At this time, Fortescue's Non Current Assets Total are comparatively stable compared to the past year. Cash And Short Term Investments is likely to gain to about 5.1 B in 2024, whereas Net Debt is likely to drop slightly above 472.1 M in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Accounts Payable

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Total Assets

Total assets refers to the total amount of Fortescue 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 Fortescue 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. 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.

Total Current Liabilities

Total Current Liabilities is an item on Fortescue balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fortescue are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Fortescue obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Fortescue are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Most accounts from Fortescue's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fortescue current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortescue. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	6.1B	5.3B	5.4B	3.7B
Total Assets	29.1B	28.9B	30.1B	31.6B

Short Long Term Debt Total Total Assets

Fortescue balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Total Assets		0.14	0.54	0.81	0.92	0.97	0.24	-0.31	0.91	0.82	0.85	0.98	0.51	-0.03	0.85	0.41	0.85	-0.36	0.42	0.88	0.73	-0.34	0.67	0.95	0.89	0.49
Short Long Term Debt Total	0.14		0.2	0.07	-0.23	0.25	-0.01	0.82	-0.26	-0.04	-0.04	0.18	-0.29	0.32	-0.04	0.24	0.26	0.24	0.91	0.2	-0.03	0.35	0.78	0.02	0.01	0.62
Other Current Liab	0.54	0.2		0.79	0.38	0.56	0.34	0.02	0.36	0.38	0.37	0.53	0.01	0.53	0.37	0.62	0.43	-0.17	0.37	0.7	0.3	0.42	0.59	0.39	0.49	0.4
Total Current Liabilities	0.81	0.07	0.79		0.71	0.74	0.59	-0.35	0.69	0.66	0.8	0.73	0.28	0.2	0.8	0.64	0.63	-0.2	0.32	0.78	0.58	-0.02	0.61	0.65	0.85	0.5
Total Stockholder Equity	0.92	-0.23	0.38	0.71		0.85	0.17	-0.62	1.0	0.84	0.86	0.88	0.59	-0.21	0.86	0.27	0.73	-0.44	0.05	0.79	0.75	-0.53	0.33	0.95	0.87	0.25
Property Plant And Equipment Net	0.97	0.25	0.56	0.74	0.85		0.18	-0.14	0.83	0.72	0.71	0.99	0.46	0.05	0.71	0.37	0.92	-0.35	0.53	0.86	0.68	-0.24	0.75	0.94	0.78	0.47
Current Deferred Revenue	0.24	-0.01	0.34	0.59	0.17	0.18		-0.28	0.16	-0.04	0.39	0.17	0.12	0.31	0.39	0.29	0.21	0.22	0.15	0.15	0.07	0.24	0.26	0.1	0.36	0.03
Net Debt	-0.31	0.82	0.02	-0.35	-0.62	-0.14	-0.28		-0.64	-0.44	-0.57	-0.21	-0.45	0.39	-0.57	-0.01	-0.07	0.24	0.66	-0.19	-0.37	0.55	0.44	-0.39	-0.5	0.26
Retained Earnings	0.91	-0.26	0.36	0.69	1.0	0.83	0.16	-0.64		0.84	0.86	0.86	0.59	-0.22	0.86	0.25	0.7	-0.45	0.02	0.78	0.75	-0.54	0.3	0.94	0.87	0.22
Accounts Payable	0.82	-0.04	0.38	0.66	0.84	0.72	-0.04	-0.44	0.84		0.84	0.73	0.34	-0.17	0.84	0.34	0.5	-0.44	0.12	0.82	0.79	-0.43	0.37	0.78	0.88	0.51
Cash	0.85	-0.04	0.37	0.8	0.86	0.71	0.39	-0.57	0.86	0.84		0.73	0.37	-0.18	1.0	0.38	0.55	-0.33	0.15	0.76	0.77	-0.46	0.42	0.77	0.99	0.5
Non Current Assets Total	0.98	0.18	0.53	0.73	0.88	0.99	0.17	-0.21	0.86	0.73	0.73		0.55	0.01	0.73	0.36	0.91	-0.33	0.48	0.83	0.65	-0.3	0.7	0.95	0.78	0.43
Non Currrent Assets Other	0.51	-0.29	0.01	0.28	0.59	0.46	0.12	-0.45	0.59	0.34	0.37	0.55		-0.21	0.37	0.12	0.45	0.14	0.05	0.14	0.01	-0.46	0.1	0.52	0.32	-0.02
Other Assets	-0.03	0.32	0.53	0.2	-0.21	0.05	0.31	0.39	-0.22	-0.17	-0.18	0.01	-0.21		-0.18	0.09	-0.07	0.11	0.33	0.23	-0.15	0.89	0.33	-0.14	-0.1	-0.03
Cash And Short Term Investments	0.85	-0.04	0.37	0.8	0.86	0.71	0.39	-0.57	0.86	0.84	1.0	0.73	0.37	-0.18		0.38	0.55	-0.33	0.15	0.76	0.77	-0.46	0.42	0.77	0.99	0.5
Net Receivables	0.41	0.24	0.62	0.64	0.27	0.37	0.29	-0.01	0.25	0.34	0.38	0.36	0.12	0.09	0.38		0.3	0.18	0.38	0.41	0.13	0.05	0.48	0.25	0.46	0.48
Common Stock Total Equity	0.85	0.26	0.43	0.63	0.73	0.92	0.21	-0.07	0.7	0.5	0.55	0.91	0.45	-0.07	0.55	0.3		-0.28	0.52	0.63	0.54	-0.29	0.69	0.85	0.59	0.39
Common Stock Shares Outstanding	-0.36	0.24	-0.17	-0.2	-0.44	-0.35	0.22	0.24	-0.45	-0.44	-0.33	-0.33	0.14	0.11	-0.33	0.18	-0.28		0.24	-0.47	-0.59	0.23	-0.03	-0.44	-0.36	0.05
Non Current Liabilities Total	0.42	0.91	0.37	0.32	0.05	0.53	0.15	0.66	0.02	0.12	0.15	0.48	0.05	0.33	0.15	0.38	0.52	0.24		0.37	0.08	0.26	0.93	0.27	0.21	0.66
Inventory	0.88	0.2	0.7	0.78	0.79	0.86	0.15	-0.19	0.78	0.82	0.76	0.83	0.14	0.23	0.76	0.41	0.63	-0.47	0.37		0.79	-0.05	0.64	0.82	0.85	0.48
Other Current Assets	0.73	-0.03	0.3	0.58	0.75	0.68	0.07	-0.37	0.75	0.79	0.77	0.65	0.01	-0.15	0.77	0.13	0.54	-0.59	0.08	0.79		-0.38	0.35	0.71	0.8	0.42
Other Stockholder Equity	-0.34	0.35	0.42	-0.02	-0.53	-0.24	0.24	0.55	-0.54	-0.43	-0.46	-0.3	-0.46	0.89	-0.46	0.05	-0.29	0.23	0.26	-0.05	-0.38		0.19	-0.46	-0.39	-0.1
Total Liab	0.67	0.78	0.59	0.61	0.33	0.75	0.26	0.44	0.3	0.37	0.42	0.7	0.1	0.33	0.42	0.48	0.69	-0.03	0.93	0.64	0.35	0.19		0.5	0.49	0.71
Property Plant And Equipment Gross	0.95	0.02	0.39	0.65	0.95	0.94	0.1	-0.39	0.94	0.78	0.77	0.95	0.52	-0.14	0.77	0.25	0.85	-0.44	0.27	0.82	0.71	-0.46	0.5		0.81	0.29
Total Current Assets	0.89	0.01	0.49	0.85	0.87	0.78	0.36	-0.5	0.87	0.88	0.99	0.78	0.32	-0.1	0.99	0.46	0.59	-0.36	0.21	0.85	0.8	-0.39	0.49	0.81		0.53
Short Term Debt	0.49	0.62	0.4	0.5	0.25	0.47	0.03	0.26	0.22	0.51	0.5	0.43	-0.02	-0.03	0.5	0.48	0.39	0.05	0.66	0.48	0.42	-0.1	0.71	0.29	0.53

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Fortescue Account Relationship Matchups

Fortescue balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	24.3B	29.1B	29.1B	28.9B	30.1B	31.6B
Short Long Term Debt Total	5.1B	4.3B	6.1B	5.3B	5.4B	3.7B
Other Current Liab	1.3B	1.2B	1.0B	1.2B	1.5B	1.5B
Total Current Liabilities	2.8B	3.9B	2.4B	2.5B	2.7B	2.8B
Total Stockholder Equity	13.3B	17.7B	17.3B	17.9B	19.6B	20.5B
Property Plant And Equipment Net	16.6B	18.7B	19.9B	20.1B	21.7B	22.8B
Current Deferred Revenue	1.0B	1.5B	284.0M	70.8M	65M	61.8M
Net Debt	259.6M	(2.7B)	878.9M	1.0B	497M	472.2M
Retained Earnings	12.1B	16.6B	16.2B	16.7B	18.3B	19.2B
Accounts Payable	281M	1.0B	951.9M	981.7M	1.0B	1.1B
Cash	4.9B	6.9B	5.2B	4.3B	4.9B	5.1B
Non Current Assets Total	17.9B	20.1B	22.2B	22.9B	22.9B	24.0B
Non Currrent Assets Other	649.1M	656.0M	1.2B	1.3B	443M	267.2M
Cash And Short Term Investments	4.9B	6.9B	5.2B	4.3B	4.9B	5.1B
Net Receivables	475M	568M	467.9M	518.8M	429M	230.1M
Common Stock Shares Outstanding	3.1B	3.1B	3.1B	3.1B	3.1B	2.1B
Liabilities And Stockholders Equity	24.3B	29.1B	29.1B	28.9B	30.1B	31.6B
Non Current Liabilities Total	8.1B	7.5B	9.3B	8.5B	7.8B	5.9B
Inventory	833.3M	1.2B	1.1B	1.2B	1.5B	1.6B
Other Current Assets	139M	249M	123.0M	88.8M	306M	321.3M
Other Stockholder Equity	(104.7M)	(90M)	(142.0M)	(150.6M)	(135.6M)	(128.8M)
Total Liab	10.9B	11.4B	11.7B	11.0B	10.5B	11.1B
Property Plant And Equipment Gross	24.9B	30.6B	33.3B	35.3B	38.1B	40.0B
Total Current Assets	6.3B	9.0B	6.9B	6.1B	7.2B	7.5B
Accumulated Other Comprehensive Income	62.4M	46.0M	109.0M	169.6M	175M	183.8M
Short Term Debt	186M	167M	173.0M	164.6M	192M	132.6M
Intangible Assets	7.0M	10.0M	257.0M	298.3M	193M	202.7M
Common Stock	1.2B	1.2B	1.2B	1.2B	1.1B	638.3M
Property Plant Equipment	17.1B	19.4B	20.7B	21.0B	24.1B	25.3B
Short Term Investments	1.8B	1.5B	31.4M	169.0M	194.3M	307.6M
Long Term Debt	4.2B	3.4B	5.3B	4.5B	4.5B	5.3B
Other Liab	2.6B	2.4B	2.7B	2.6B	3.0B	1.8B
Net Tangible Assets	13.2B	17.7B	17.1B	17.7B	20.3B	13.1B
Short Long Term Debt	59.7M	38M	66M	59M	60M	57M
Long Term Debt Total	4.9B	4.1B	5.9B	5.2B	4.6B	4.3B

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