Fortis Revenue vs. Total Debt
Fortis Inc Total Debt vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Fortis's current stock value. Our valuation model uses many indicators to compare Fortis value to that of its competitors to determine the firm's financial worth. Fortis Inc is rated below average in revenue category among its peers. It is rated below average in total debt category among its peers making up about 2.35 of Total Debt per Revenue. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Fortis' earnings, one of the primary drivers of an investment's value.Fortis Revenue vs. Competition
Fortis Inc is rated below average in revenue category among its peers. Market size based on revenue of Utilities—Regulated Electric industry is currently estimated at about 11.44 Trillion. Fortis adds roughly 11.04 Billion in revenue claiming only tiny portion of Utilities—Regulated Electric industry.
Fortis Total Debt vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Fortis |
| = | 11.04 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Fortis |
| = | 25.93 B |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Fortis Total Debt vs Competition
Fortis Inc is rated below average in total debt category among its peers. Total debt of Utilities—Regulated Electric industry is currently estimated at about 297.23 Billion. Fortis holds roughly 25.93 Billion in total debt claiming about 9% of Utilities—Regulated Electric industry.
Fortis Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Fortis, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Fortis will eventually generate negative long term returns. The profitability progress is the general direction of Fortis' change in net profit over the period of time. It can combine multiple indicators of Fortis, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. Fortis Inc operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 9100 people.
Fortis Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Fortis. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Fortis position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Fortis' important profitability drivers and their relationship over time.
Fortis Earnings per Share Projection vs Actual
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Additional Information and Resources on Investing in Fortis Pink Sheet
When determining whether Fortis Inc is a strong investment it is important to analyze Fortis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortis' future performance. For an informed investment choice regarding Fortis Pink Sheet, refer to the following important reports:Check out Investing Opportunities. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
To fully project Fortis' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Fortis Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Fortis' income statement, its balance sheet, and the statement of cash flows.