Fortis Historical Balance Sheet
FORTIS Stock | 659.20 9.05 1.39% |
Trend analysis of Fortis Healthcare Limited balance sheet accounts such as Other Current Liabilities of 22.6 B or Total Current Liabilities of 33.3 B provides information on Fortis Healthcare's total assets, liabilities, and equity, which is the actual value of Fortis Healthcare to its prevalent stockholders. By breaking down trends over time using Fortis Healthcare balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Fortis Healthcare latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fortis Healthcare is a good buy for the upcoming year.
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About Fortis Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Fortis Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Fortis Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortis Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fortis currently owns. An asset can also be divided into two categories, current and non-current.
Fortis Healthcare Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Fortis Healthcare assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fortis Healthcare books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Fortis Healthcare balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fortis Healthcare Limited are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Fortis Healthcare's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fortis Healthcare current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Healthcare Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At present, Fortis Healthcare's Short and Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 22.6 B, whereas Total Assets are forecasted to decline to about 76 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 12.5B | 9.3B | 11.6B | 16.6B | Total Assets | 118.8B | 124.3B | 132.9B | 76.0B |
Fortis Healthcare balance sheet Correlations
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Fortis Healthcare Account Relationship Matchups
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Fortis Healthcare balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 113.5B | 111.5B | 118.8B | 124.3B | 132.9B | 76.0B | |
Short Long Term Debt Total | 15.9B | 15.3B | 12.5B | 9.3B | 11.6B | 16.6B | |
Other Current Liab | 20.4M | 2.9B | 166.7M | 4.7B | 21.5B | 22.6B | |
Total Current Liabilities | 25.8B | 12.3B | 12.7B | 14.3B | 31.7B | 33.3B | |
Total Stockholder Equity | 66.6B | 61.2B | 61.8B | 72.4B | 76.6B | 38.6B | |
Property Plant And Equipment Net | 52.1B | 51.8B | 51.4B | 50.8B | 58.3B | 61.2B | |
Net Debt | 14.1B | 12.7B | 11.1B | 7.8B | 9.2B | 13.2B | |
Retained Earnings | (16.4B) | (21.8B) | (16.3B) | (10.1B) | (1.5B) | (1.5B) | |
Cash | 1.8B | 2.6B | 1.4B | 1.4B | 2.4B | 2.7B | |
Non Current Assets Total | 104.1B | 101.2B | 107.5B | 110.3B | 118.7B | 64.0B | |
Cash And Short Term Investments | 2.7B | 4.2B | 4.1B | 3.9B | 6.0B | 5.9B | |
Net Receivables | 5.7B | 4.6B | 5.9B | 5.8B | 6.4B | 4.7B | |
Short Term Investments | 839.0M | 1.6B | 2.7B | 2.5B | 3.7B | 3.4B | |
Liabilities And Stockholders Equity | 113.5B | 111.5B | 118.8B | 124.3B | 132.9B | 76.0B | |
Non Current Liabilities Total | 15.6B | 32.0B | 36.1B | 29.1B | 15.6B | 18.4B | |
Inventory | 781.8M | 767.6M | 1.2B | 1.2B | 1.1B | 553.2M | |
Other Current Assets | 290.0M | 858.4M | 81.5M | 3.4B | 850.5M | 1.3B | |
Other Stockholder Equity | 83.2B | 4.4B | 72.2B | 8.7B | 67.7B | 71.0B | |
Total Liab | 41.4B | 44.4B | 48.8B | 43.3B | 47.3B | 33.0B | |
Total Current Assets | 9.4B | 10.4B | 11.3B | 14.1B | 14.2B | 12.0B | |
Accumulated Other Comprehensive Income | (9.5B) | 3.3B | 2.8B | 2.8B | 2.9B | 3.0B | |
Short Term Debt | 4.3B | 3.3B | 2.2B | 1.7B | 1.7B | 1.6B | |
Non Currrent Assets Other | 8.3B | 6.0B | 6.7B | 8.2B | 11.9B | 12.4B | |
Accounts Payable | 6.0B | 5.5B | 6.6B | 7.1B | 7.3B | 5.5B | |
Intangible Assets | 759.7M | 637.8M | 3.4B | 4.4B | 4.1B | 4.3B | |
Current Deferred Revenue | 15.5B | 3.5B | 3.7B | 3.8B | 856.2M | 813.4M | |
Other Liab | 4.0B | 20.0B | 25.7B | 21.5B | 24.8B | 26.0B | |
Net Tangible Assets | 28.6B | 23.3B | 17.1B | 26.7B | 30.7B | 24.6B | |
Other Assets | 12.3B | 9.7B | 10.4B | 4.3B | (1.0) | (0.95) | |
Long Term Debt | 9.5B | 9.7B | 7.8B | 5.7B | 7.4B | 7.5B | |
Short Long Term Debt | 4.0B | 1.8B | 1.9B | 1.3B | 1.2B | 1.1B | |
Property Plant Equipment | 52.1B | 51.8B | 51.4B | 50.8B | 58.4B | 41.3B | |
Long Term Debt Total | 11.7B | 12.0B | 10.3B | 7.5B | 6.8B | 7.9B | |
Capital Lease Obligations | 2.4B | 2.6B | 2.9B | 2.2B | 3.0B | 2.0B | |
Cash And Equivalents | 1.8B | 2.6B | 1.4B | 3.6B | 3.3B | 2.8B |
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Balance Sheet is a snapshot of the financial position of Fortis Healthcare at a specified time, usually calculated after every quarter, six months, or one year. Fortis Healthcare Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortis Healthcare and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fortis currently owns. An asset can also be divided into two categories, current and non-current.