Fortis Deferred Long Term Liab from 2010 to 2024

FTS Stock  USD 44.70  0.43  0.97%   
Fortis Deferred Long Term Liabilities yearly trend continues to be comparatively stable with very little volatility. Deferred Long Term Liabilities is likely to outpace its year average in 2024. Deferred Long Term Liabilities is liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue. View All Fundamentals
 
Deferred Long Term Liabilities  
First Reported
2000-03-31
Previous Quarter
3.2 B
Current Value
3.3 B
Quarterly Volatility
1.3 B
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortis financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortis' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.9 B, Interest Expense of 1.4 B or Total Revenue of 12.1 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0393 or PTB Ratio of 1.44. Fortis financial statements analysis is a perfect complement when working with Fortis Valuation or Volatility modules.
  
Check out the analysis of Fortis Correlation against competitors.

Latest Fortis' Deferred Long Term Liab Growth Pattern

Below is the plot of the Deferred Long Term Liab of Fortis Inc over the last few years. It is liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue. Fortis' Deferred Long Term Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortis' overall financial position and show how it may be relating to other accounts over time.
Deferred Long Term Liab10 Years Trend
Slightly volatile
   Deferred Long Term Liab   
       Timeline  

Fortis Deferred Long Term Liab Regression Statistics

Arithmetic Mean2,097,621,897
Geometric Mean0.00
Coefficient Of Variation65.40
Mean Deviation1,173,182,057
Median2,742,000,000
Standard Deviation1,371,887,400
Sample Variance1882075T
Range3.7B
R-Value0.91
Mean Square Error350164T
R-Squared0.83
Slope279,009,207
Total Sum of Squares26349050.6T

Fortis Deferred Long Term Liab History

20243.7 B
20233.6 B
20223.1 B
20213.1 B
20203.1 B
2019B
20182.8 B

About Fortis Financial Statements

Fortis shareholders use historical fundamental indicators, such as Deferred Long Term Liab, to determine how well the company is positioned to perform in the future. Although Fortis investors may analyze each financial statement separately, they are all interrelated. The changes in Fortis' assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortis' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Deferred Long Term Liabilities3.6 B3.7 B

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Additional Tools for Fortis Stock Analysis

When running Fortis' price analysis, check to measure Fortis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortis is operating at the current time. Most of Fortis' value examination focuses on studying past and present price action to predict the probability of Fortis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortis' price. Additionally, you may evaluate how the addition of Fortis to your portfolios can decrease your overall portfolio volatility.