FORTIS INC Balance Sheet - Annual (NYSE:FTS)

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$32.82 $0.43 (1.33%) FTS stock closing price Aug 16, 2018 (Closing)

A thorough fundamental analysis involves using data from FORTIS INC balance sheet, apart from other financial statements, to value the business. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate FORTIS INC stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Apart from analyzing FORTIS INC revenue FORTIS INC operating cash flow, one needs to check balance sheet items like cash, fixed assets and debt. The FORTIS INC balance sheet for 2017 shows cash on hand of $252.24M. The company has a debt to equity ratio of -.

View latest 10 year balance sheet data to check FORTIS INC financial performance.
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Fiscal year is Jan - Dec201720162015
Cash252.24M203.14M189.48M
Marketable Securities---
Receivables872.45M851.11M754.81M
Inventory283.1M280.93M263.87M
Raw Materials283.1M280.93M263.87M
Work In Progress---
Finished Goods---
Notes Receivable---
Other Current Assets294.67M300.56M245.86M
Total Current Assets
1.7B1.64B1.45B
Property Plant & Equipment31.05B30.35B21.82B
Accumulated Depreciation8.16B8.2B6.48B
Net Property Plant & Equipment
22.89B22.16B15.34B
Investment & Advances---
Other Non-Current Assets---
Deferred Charges---
Intangibles9.82B10.1B3.69B
Deposits & Other Assets2.49B2.29B2.07B
Total Assets
36.89B36.18B22.55B
Notes Payable---
Accounts Payable1.58B1.49B1.11B
Current Portion Long-Term Debt197.47M1.06B700.78M
Current Portion Capital Leases543.83M57.39M20.35M
Accrued Expenses---
Income Taxes Payable---
Other Current Liabilities377.98M371.55M233.33M
Total Current Liabilities
2.7B2.98B2.07B
Mortgages---
Deferred Taxes/Income1.77B2.46B1.61B
Convertible Debt---
Long-Term Debt15.96B15.72B8.44B
Non-Current Capital Leases319.35M347.39M381.32M
Other Long-Term Liabilities3.21B2.24B1.95B
Total Liabilities
23.97B23.75B14.45B
Minority Interest---
Preferred Stock1.25B1.23B1.43B
Common Stock Net8.93B8.13B4.59B
Capital Surplus7.71M9.06M10.96M
Retained Earnings1.33B1.1B1.09B
Treasury Stock---
Other Liabilities1.39B1.96B989.71M
Shareholders Equity12.92B12.42B8.11B
Total Liabilities & Shareholders Equity36.89B36.18B22.55B
All figures in USD. M: Millions of USD, B: Billions of USD.

Looking at FORTIS INC historical stock prices and the current FORTIS INC stock price can tell you how the stock price has moved, whereas the FORTIS INC PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: FTS total assets, which was at $36.89B for 2017 is a balance sheet item representing value of what FORTIS INC owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for FORTIS INC is $23.97B. Shareholders' equity comes under liabilities as it is money the company owes the holders of FTS stock.

FORTIS INC Balance Sheet - Key Ratios

Current ratio
0
Debt to equity ratio
0
Asset turnover ratio
0
Receivables turnover
0
Price to book ratio
1.04