What is the debt of Fortis this year?
Fortis has a debt level of 29,367 CAD this year.
Fortis Debt 2024
Fortis Debt
29,367 CAD
Ticker
FTS.TO
ISIN
CA3495531079
WKN
881347
In 2024, Fortis's total debt was 29,367 CAD, a 1.99% change from the 28,794 CAD total debt recorded in the previous year.
Fortis Aktienanalyse
What does Fortis do?
Fortis Inc. is a Canadian energy utility company that operates in the supply of electricity and gas. The company is headquartered in St. John's, Newfoundland and Labrador and is led by Barry V. Perry as President and CEO. The history of Fortis Inc. dates back to 1885 when the St. John's Electric Light Company was founded. Over the following years and decades, there were further acquisitions and mergers of utility companies throughout Canada, including the British Columbia Power Commission and the Maritime Electric Company. Today, Fortis Inc. operates electricity utility companies in Canada, the United States, the Caribbean, and Central America. The company has a broad customer base, serving both residential and commercial customers. Fortis Inc.'s business model is based on providing reliable energy supply through investments in existing infrastructure and expanding their customer base. The company aims to leverage its advantages and expertise in the industry to achieve a stronger presence in the market. Fortis Inc. has four operating segments: electricity, gas, integrated energy supply, and other activities. The electricity segment includes companies that perform electricity generation, transmission, and distribution. The gas segment operates gas supply systems and facilities. The integrated energy supply segment includes companies that are involved in the entire energy chain, from generation to consumption billing. The other activities segment includes financial services and real estate activities. Fortis Inc. offers various products, including electricity, gas, and energy efficiency solutions. The company is actively working on the introduction of clean energy sources that minimize environmental impacts and reduce dependence on fossil fuels. Fortis Inc. is committed to providing reliable and cost-effective services to its customers. The company strives to actively inform and collaborate with its customers and stakeholders to meet their needs and requirements. Overall, Fortis Inc. has established itself as a leading company in the energy industry. With a strong focus on quality, reliability, and commitment to its customers, the company has built a solid foundation for a sustainable and successful future. Fortis ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Fortis's Debt Structure
Fortis's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Fortis's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Fortis’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Fortis’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Fortis stock
What was the debt of Fortis compared to the previous year?
The debt of Fortis has increased by 1.99% compared to the previous year increased.
What are the consequences of high debt for investors in Fortis?
High debt can pose a risk for investors of Fortis, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Fortis?
Low debt means that Fortis has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Fortis affect the company?
An increase in debt of Fortis can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Fortis affect the company?
A reduction in debt of Fortis can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Fortis?
Some factors that can influence the debt of Fortis include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Fortis so important for investors?
The debts of Fortis are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Fortis take to change the debt?
To change the debt, Fortis can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Fortis pay?
Over the past 12 months, Fortis paid a dividend of 2.28 CAD . This corresponds to a dividend yield of about 3.85 %. For the coming 12 months, Fortis is expected to pay a dividend of 2.32 CAD.
What is the dividend yield of Fortis?
The current dividend yield of Fortis is 3.85 %.
When does Fortis pay dividends?
Fortis pays a quarterly dividend. This is distributed in the months of June, September, December, March.
How secure is the dividend of Fortis?
Fortis paid dividends every year for the past 52 years.
What is the dividend of Fortis?
For the upcoming 12 months, dividends amounting to 2.32 CAD are expected. This corresponds to a dividend yield of 3.91 %.
In which sector is Fortis located?
Fortis is assigned to the 'Utilities' sector.
Wann musste ich die Aktien von Fortis kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Fortis from 12/1/2024 amounting to 0.615 CAD, you needed to have the stock in your portfolio before the ex-date on 11/18/2024.
When did Fortis pay the last dividend?
The last dividend was paid out on 12/1/2024.
What was the dividend of Fortis in the year 2023?
In the year 2023, Fortis distributed 2.17 CAD as dividends.
In which currency does Fortis pay out the dividend?
The dividends of Fortis are distributed in CAD.
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Andere Kennzahlen von Fortis
Our stock analysis for Fortis Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortis Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
