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.
 
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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.

Fortis Healthcare Inventory

553.19 Million

  
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.

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

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.

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 Total12.5B9.3B11.6B16.6B
Total Assets118.8B124.3B132.9B76.0B

Fortis Healthcare balance sheet Correlations

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0.77-0.15-0.090.220.740.09-0.50.250.80.260.060.620.020.230.76-0.220.480.310.29-0.10.95-0.180.570.280.43
0.61-0.20.260.40.74-0.14-0.640.180.69-0.11-0.150.76-0.350.210.57-0.040.50.28-0.06-0.250.83-0.110.430.250.65
0.290.46-0.370.110.09-0.140.190.290.220.460.46-0.190.20.450.18-0.350.050.360.570.41-0.03-0.310.410.34-0.16
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0.220.25-0.170.160.26-0.110.460.40.570.10.39-0.360.750.040.04-0.240.410.130.790.360.07-0.010.330.05-0.14
0.590.950.380.640.06-0.150.460.40.50.490.39-0.280.340.690.360.490.010.850.850.82-0.030.670.680.84-0.18
0.42-0.360.250.080.620.76-0.19-0.48-0.280.51-0.36-0.28-0.310.130.58-0.160.230.1-0.28-0.570.64-0.20.140.150.69
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0.690.70.240.350.230.210.45-0.120.250.660.040.690.130.00.650.30.040.860.530.390.240.370.60.870.12
0.840.180.140.250.760.570.18-0.30.010.850.040.360.580.060.650.130.20.60.380.010.730.110.710.60.57
0.220.550.720.51-0.22-0.04-0.350.180.040.21-0.240.49-0.160.020.30.13-0.040.490.170.46-0.120.860.360.47-0.04
0.36-0.060.180.310.480.50.05-0.160.430.340.410.010.230.110.040.2-0.040.140.310.050.44-0.090.380.090.37
0.840.840.460.740.310.280.36-0.050.520.80.130.850.1-0.030.860.60.490.140.650.670.320.580.810.980.05
0.590.720.140.50.29-0.060.570.410.610.460.790.85-0.280.620.530.380.170.310.650.670.120.380.70.61-0.08
0.390.840.180.63-0.1-0.250.410.290.690.310.360.82-0.570.10.390.010.460.050.670.67-0.110.510.610.59-0.45
0.76-0.19-0.060.230.950.83-0.03-0.690.210.810.07-0.030.64-0.160.240.73-0.120.440.320.12-0.11-0.160.550.270.41
0.270.690.780.59-0.18-0.11-0.310.330.220.22-0.010.67-0.20.210.370.110.86-0.090.580.380.51-0.160.310.59-0.13
0.880.580.260.70.570.430.41-0.080.490.840.330.680.140.110.60.710.360.380.810.70.610.550.310.740.24
0.80.830.470.70.280.250.34-0.040.430.760.050.840.15-0.060.870.60.470.090.980.610.590.270.590.740.09
0.3-0.290.350.150.430.65-0.16-0.12-0.190.34-0.14-0.180.69-0.080.120.57-0.040.370.05-0.08-0.450.41-0.130.240.09
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Fortis Healthcare Account Relationship Matchups

Fortis Healthcare balance sheet Accounts

201920202021202220232024 (projected)
Total Assets113.5B111.5B118.8B124.3B132.9B76.0B
Short Long Term Debt Total15.9B15.3B12.5B9.3B11.6B16.6B
Other Current Liab20.4M2.9B166.7M4.7B21.5B22.6B
Total Current Liabilities25.8B12.3B12.7B14.3B31.7B33.3B
Total Stockholder Equity66.6B61.2B61.8B72.4B76.6B38.6B
Property Plant And Equipment Net52.1B51.8B51.4B50.8B58.3B61.2B
Net Debt14.1B12.7B11.1B7.8B9.2B13.2B
Retained Earnings(16.4B)(21.8B)(16.3B)(10.1B)(1.5B)(1.5B)
Cash1.8B2.6B1.4B1.4B2.4B2.7B
Non Current Assets Total104.1B101.2B107.5B110.3B118.7B64.0B
Cash And Short Term Investments2.7B4.2B4.1B3.9B6.0B5.9B
Net Receivables5.7B4.6B5.9B5.8B6.4B4.7B
Short Term Investments839.0M1.6B2.7B2.5B3.7B3.4B
Liabilities And Stockholders Equity113.5B111.5B118.8B124.3B132.9B76.0B
Non Current Liabilities Total15.6B32.0B36.1B29.1B15.6B18.4B
Inventory781.8M767.6M1.2B1.2B1.1B553.2M
Other Current Assets290.0M858.4M81.5M3.4B850.5M1.3B
Other Stockholder Equity83.2B4.4B72.2B8.7B67.7B71.0B
Total Liab41.4B44.4B48.8B43.3B47.3B33.0B
Total Current Assets9.4B10.4B11.3B14.1B14.2B12.0B
Accumulated Other Comprehensive Income(9.5B)3.3B2.8B2.8B2.9B3.0B
Short Term Debt4.3B3.3B2.2B1.7B1.7B1.6B
Non Currrent Assets Other8.3B6.0B6.7B8.2B11.9B12.4B
Accounts Payable6.0B5.5B6.6B7.1B7.3B5.5B
Intangible Assets759.7M637.8M3.4B4.4B4.1B4.3B
Current Deferred Revenue15.5B3.5B3.7B3.8B856.2M813.4M
Other Liab4.0B20.0B25.7B21.5B24.8B26.0B
Net Tangible Assets28.6B23.3B17.1B26.7B30.7B24.6B
Other Assets12.3B9.7B10.4B4.3B(1.0)(0.95)
Long Term Debt9.5B9.7B7.8B5.7B7.4B7.5B
Short Long Term Debt4.0B1.8B1.9B1.3B1.2B1.1B
Property Plant Equipment52.1B51.8B51.4B50.8B58.4B41.3B
Long Term Debt Total11.7B12.0B10.3B7.5B6.8B7.9B
Capital Lease Obligations2.4B2.6B2.9B2.2B3.0B2.0B
Cash And Equivalents1.8B2.6B1.4B3.6B3.3B2.8B

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Other Information on Investing in Fortis Stock

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.