Fortis Inc

NYSE:FTS USA Utilities - Regulated Electric
Market Cap
$29.71 Billion
Market Cap Rank
#705 Global
#557 in USA
Share Price
$58.56
Change (1 day)
+0.65%
52-Week Range
$44.40 - $58.56
All Time High
$58.56
About

Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It generates, transmits, and distributes electricity to approximately 452,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 105,000 retail customers in southeastern Arizona with an aggregate capacity of 3,442 megawatts (MW). The com… Read more

Fortis Inc - Asset Resilience Ratio

Latest as of December 2023: -0.07%

Fortis Inc (FTS) has an Asset Resilience Ratio of -0.07% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$-47.00 Million
Cash + Short-term Investments
Total Assets
$65.92 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2019)

This chart shows how Fortis Inc's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Fortis Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $-47.00 Million -0.07%
Total Liquid Assets $-47.00 Million -0.07%

Asset Resilience Insights

  • Limited Liquidity: Fortis Inc maintains only -0.07% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Fortis Inc Industry Peers by Asset Resilience Ratio

Compare Fortis Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Shenzhen Energy Group Co Ltd
SHE:000027
Utilities - Regulated Electric 1.54%
Shenzhen Nanshan Power Co Ltd
SHE:000037
Utilities - Regulated Electric 13.55%
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
Utilities - Regulated Electric -0.40%
An Hui Wenergy Co Ltd
SHE:000543
Utilities - Regulated Electric 0.00%
Jointo Energy Investment Co Ltd Hebei
SHE:000600
Utilities - Regulated Electric 0.16%
Guangdong Shaoneng Group Co Ltd
SHE:000601
Utilities - Regulated Electric 0.01%
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
Utilities - Regulated Electric 0.01%
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
Utilities - Regulated Electric 0.90%

Annual Asset Resilience Ratio for Fortis Inc (2000–2019)

The table below shows the annual Asset Resilience Ratio data for Fortis Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.00% $0.00 $53.40 Billion --
2018-12-31 0.00% $0.00 $53.05 Billion --
2017-12-31 0.00% $0.00 $47.82 Billion --
2016-12-31 0.01% $3.00 Million $47.90 Billion --
2015-12-31 0.00% $0.00 $28.80 Billion --
2014-12-31 0.00% $0.00 $26.23 Billion --
2013-12-31 0.00% $0.00 $17.91 Billion --
2012-12-31 0.00% $0.00 $14.95 Billion --
2011-12-31 -0.01% $-2.00 Million $13.56 Billion --
2010-12-31 0.00% $0.00 $12.90 Billion --
2009-12-31 0.00% $0.00 $12.16 Billion --
2008-12-31 0.00% $0.00 $11.18 Billion --
2007-12-31 0.00% $0.00 $10.27 Billion --
2006-12-31 0.00% $-79.00K $5.45 Billion --
2005-12-31 0.00% $0.00 $4.32 Billion --
2004-12-31 0.00% $0.00 $3.84 Billion --
2003-12-31 0.00% $0.00 $2.21 Billion --
2002-12-31 0.00% $0.00 $1.99 Billion --
2001-12-31 0.00% $0.00 $1.62 Billion --
2000-12-31 0.00% $0.00 $1.48 Billion --
pp = percentage points