Shareholders Equity ratio Analysis of Fortis Inc - Deep Dive
Shareholders Equity of FTS
Dec-2332.62Not Good Shareholders Equity | Dec-2232.73Not Good Shareholders Equity | Growth-0.329% |
Shareholders Equity Analysis of Fortis Inc
Shareholders Equity Ratio of FTS has fallen by -0.329 % Compared to previous Financial Year. |
Shareholders Equity Ratio with value of 34.70 was highest in Year Dec-19 in last Five Years. |
Shareholders Equity Ratio of FTS trending down for at least three Years. |
Latest Shareholders Equity Ratio with value of 32.62 is lower than Average Shareholders Equity of 33.44 in last five years. |
Other Shareholders Equity Related Info of FTS that may interest you.
Fortis Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FTS | 39.99 | 39.04 | 2.43 % | Utilities-Regulated Electric |
Defination of Shareholders Equity
The Shareholders Equity Ratio measures how much the company's assets are funded using shareholder's equity instead of debt. This metric also tells how much shareholders claim on the company's assets in a time of liquidation. more ..Shareholders Equity Related Ratios
DebtToEquityRatio | ReturnOnEquity |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Shareholders Equity of Fortis Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Shareholders Equity | 32.62 | 32.73 | 33.45 | 33.70 | 34.70 | 31.16 | 31.37 |
Change | -0.329 % | -2.16 % | -0.736 % | -2.88 % | 11.34 % | -0.664 % | 2.96 % |
FY Chart of Shareholders Equity of Fortis Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)