Fortum Historical Balance Sheet

0HAH Stock   14.28  0.26  1.85%   
Trend analysis of Fortum Oyj balance sheet accounts such as Short Long Term Debt Total of 6.3 B, Total Current Liabilities of 22 B or Total Stockholder Equity of 10.3 B provides information on Fortum Oyj's total assets, liabilities, and equity, which is the actual value of Fortum Oyj to its prevalent stockholders. By breaking down trends over time using Fortum Oyj 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Fortum Oyj 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 Fortum Oyj is a good buy for the upcoming year.

Fortum Oyj Inventory

878.11 Million

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortum Oyj. 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 Fortum Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Fortum Oyj at a specified time, usually calculated after every quarter, six months, or one year. Fortum Oyj Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortum Oyj 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 Fortum currently owns. An asset can also be divided into two categories, current and non-current.

Fortum Oyj Balance Sheet Chart

At this time, Fortum Oyj's Total Current Assets are comparatively stable compared to the past year. Short Term Debt is likely to gain to about 1.8 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.3 B in 2024.

Total Assets

Total assets refers to the total amount of Fortum Oyj 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 Fortum Oyj 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 Fortum Oyj balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fortum Oyj 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.
Most accounts from Fortum Oyj's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fortum Oyj 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Fortum Oyj. 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.
At this time, Fortum Oyj's Total Current Assets are comparatively stable compared to the past year. Short Term Debt is likely to gain to about 1.8 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.3 B in 2024.
 2019 2020 2023 2024 (projected)
Short and Long Term Debt Total6.1B8.8B10.1B6.3B
Total Assets23.4B57.8B66.5B69.8B

Fortum Oyj balance sheet Correlations

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0.370.30.72-0.080.470.250.810.28-0.190.760.32-0.25-0.040.90.7-0.120.380.740.380.38-0.040.690.840.230.87
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Fortum Oyj Account Relationship Matchups

Fortum Oyj balance sheet Accounts

201920202021202220232024 (projected)
Total Assets21.8B22.4B23.4B57.8B66.5B69.8B
Short Long Term Debt Total4.1B5.0B6.1B8.8B10.1B6.3B
Total Current Liabilities1.8B20.7B100.2B10.1B11.6B22.0B
Total Stockholder Equity13.0B11.8B13.0B13.0B11.7B10.3B
Retained Earnings12.4B13.1B12.8B9.5B8.5B9.6B
Cash1.3B354M1.2B1.1B1.2B911.9M
Other Assets2.1B11.5B26.7B3.5B4.0B7.4B
Long Term Debt4.1B5.0B6.0B7.9B9.1B6.1B
Cash And Short Term Investments3.9B584M1.4B2.3B2.1B2.1B
Net Receivables1.1B9.1B24.1B4.4B5.1B6.5B
Good Will613M588M612M1.1B1.2B711.7M
Short Term Investments715M27M77M410M369M350.6M
Inventory230M1.9B2.3B465M534.8M878.1M
Other Current Assets993M9.4B65.9B1.9B2.2B2.1B
Other Stockholder Equity(2.6B)(3.3B)(3.8B)(4.9B)(4.5B)(4.7B)
Total Liab8.7B10.6B10.4B44.9B51.6B54.2B
Total Current Assets3.8B22.9B100.1B10.8B12.5B24.2B
Short Term Debt206M283M478M1.5B1.7B1.8B
Intangible Assets451M499M531M1.7B2.0B2.1B
Property Plant Equipment9.7B17.8B17.9B6.8B7.8B12.9B
Other Current Liab605M11.0B79.0B4.9B5.6B5.3B
Other Liab2.1B12.7B27.0B2.0B2.3B2.2B
Net Tangible Assets11.8B10.7B10.0B7.0B6.3B8.0B
Accounts Payable316M7.1B12.2B720M828M786.6M

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