Fortive Balance Sheet - Quarterly (NYSE:FTV)

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$86.98 $0.39 (0.45%) FTV stock closing price Sep 21, 2018 (Closing)

A thorough fundamental analysis involves using data from Fortive balance sheet, apart from other financial statements, to value the business. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Fortive stock analysis, and provides insights into the firm's financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The Fortive balance sheet for 2018 Q2 shows total assets of $11.99B. The company has a asset turnover ratio of 0.66. Also see: Fortive revenue and Fortive operating cash flow for the same quarter.

View and download Fortive quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash2.37B1.02B962.1M910.9M968.4M817.6M803.2M724.8M487.2M-
Marketable Securities----------
Receivables1.19B1.17B1.14B1.08B985M944.1M945.4M972M948.2M929.6M
Inventory642.3M615.9M580.6M576.2M560.6M571.6M544.6M558.1M557.5M553.6M
Raw Materials311.2M302.6M284.5M280.6M268.2M271.6M267M273.5M269.5M276.8M
Work In Progress107.9M96.7M78.9M86.1M89.6M90.1M79.3M80.4M83.4M80.3M
Finished Goods223.2M216.6M217.2M209.5M202.8M209.9M198.3M204.2M204.6M196.5M
Notes Receivable----------
Other Current Assets305.1M276M250.5M133.1M187.7M184.1M195.5M104.3M169.1M88.4M
Total Current Assets
4.5B3.08B2.94B2.7B2.7B2.52B2.49B2.36B2.16B1.57B
Property Plant & Equipment1.81B1.83B1.8B1.75B1.62B1.58B1.55B1.54B1.54B1.52B
Accumulated Depreciation1.11B1.12B1.09B1.07B1.05B1.03B1B1.01B1.01B996.1M
Net Property Plant & Equipment
690.4M709.8M712.5M673.2M562.8M552.9M547.6M538.3M534M519.1M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges----------
Intangibles6.31B6.39B6.37B5.52B4.76B4.74B4.73B4.82B4.69B4.72B
Deposits & Other Assets479.5M480.5M476.8M440.1M440.7M428.6M427.2M412M402.1M398.6M
Total Assets
11.99B10.66B10.5B9.33B8.47B8.23B8.19B8.13B7.79B7.21B
Notes Payable----------
Accounts Payable763.5M711.7M727.5M646.1M648.6M623.3M666.2M619.4M644.2M625.6M
Current Portion Long-Term Debt799.3M---------
Current Portion Capital Leases----------
Accrued Expenses735.9M749.7M874.8M733.2M722.2M777.7M800.3M749.6M706M618.8M
Income Taxes Payable----------
Other Current Liabilities----------
Total Current Liabilities
2.3B1.46B1.6B1.38B1.37B1.4B1.47B1.37B1.35B1.24B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt2.93B4B4.06B3.67B3.21B3.26B3.36B3.51B3.37B-
Non-Current Capital Leases----------
Other Long-Term Liabilities1.12B1.09B1.03B797.5M715.2M678.7M674.3M695.6M689.7M706.9M
Total Liabilities
6.34B6.55B6.69B5.85B5.29B5.34B5.5B5.57B5.41B1.95B
Minority Interest----------
Preferred Stock----------
Common Stock Net3.5M3.5M3.5M3.5M3.5M3.5M3.5M3.5M3.5M-
Capital Surplus3.84B2.48B2.44B2.45B2.43B2.41B2.43B2.38B--
Retained Earnings1.85B1.58B1.35B1.04B794.2M578.5M403M202.7M--
Treasury Stock----------
Other Liabilities-52.3M46.8M10.3M-12.2M-51.8M-97.9M-142.7M-21.9M2.37B5.26B
Shareholders Equity5.64B4.11B3.81B3.48B3.17B2.89B2.69B2.56B2.37B5.26B
Total Liabilities & Shareholders Equity11.99B10.66B10.5B9.33B8.47B8.23B8.19B8.13B7.79B7.21B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Fortive stock price by looking at Fortive historical stock prices. One can compare PE with industry average by looking at the Fortive PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Fortive owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for FTV stock as of 2018 Q2 is $11.99B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Fortive for the quarter 2018 Q2 total to $6.34B. Liabilities for a company like Fortive include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Fortive Balance Sheet - Key Ratios

Current ratio
1.96
Debt to equity ratio
0.66
Asset turnover ratio
0.66
Receivables turnover
6.37
Price to book ratio
7.51