Fortis Inc (FTS) — Defensive Interval Ratio

Latest as of June 2026: 92 days

Fortis Inc (FTS) has a Defensive Interval Ratio of 92 days as of June 2026. Defensive assets of CA$1.88 Billion (cash CA$-, short-term investments CA$-, receivables CA$1.88 Billion) cover 92 days of daily cash needs of CA$20.41 Million/day.

Defensive Interval Ratio

92 days
Days of operational coverage

Defensive Assets

CA$1.88 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$20.41 Million
Current Liabilities ÷ 365

Current Liabilities

CA$7.45 Billion
CAD

Fortis Inc Defensive Interval Ratio (1995–2025)

This chart shows how Fortis Inc's Defensive Interval Ratio has evolved across 30 annual periods from 1995 to 2025. As of June 2026, the ratio stands at 92 days, meaning defensive assets of CA$1.88 Billion can fund 92 days of operations without new revenue. For the complete balance sheet picture, see FTS total assets.

Annual Defensive Interval Ratio for Fortis Inc (1995–2025)

The table below presents the year-by-year Defensive Interval Ratio for Fortis Inc from 1995 to 2025, covering 30 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Fortis Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 90 days CA$1.86 Billion CA$20.58 Million/day CA$367.00 Million CA$- ▼ -24 days
2024 114 days CA$1.89 Billion CA$16.54 Million/day CA$220.00 Million CA$- ▼ -24 days
2023 138 days CA$2.25 Billion CA$16.34 Million/day CA$625.00 Million CA$- ▲ +29 days
2022 109 days CA$1.97 Billion CA$18.13 Million/day CA$209.00 Million CA$- ▲ +2 days
2021 106 days CA$1.40 Billion CA$13.16 Million/day CA$131.00 Million CA$- ▼ -19 days
2020 125 days CA$1.42 Billion CA$11.36 Million/day CA$249.00 Million CA$- ▼ -4 days
2019 129 days CA$1.48 Billion CA$11.44 Million/day CA$370.00 Million CA$- ▼ 0 days
2018 129 days CA$1.50 Billion CA$11.65 Million/day CA$332.00 Million CA$- ▼ -8 days
2017 137 days CA$1.32 Billion CA$9.60 Million/day CA$327.00 Million CA$- ▲ +15 days
2016 122 days CA$1.32 Billion CA$10.81 Million/day CA$269.00 Million CA$- ▲ +4 days
2015 118 days CA$855.00 Million CA$7.23 Million/day CA$- CA$- ▲ +4 days
2014 114 days CA$838.00 Million CA$7.35 Million/day CA$- CA$- ▼ -4 days
2013 118 days CA$674.00 Million CA$5.71 Million/day CA$- CA$- ▼ -46 days
2012 164 days CA$587.00 Million CA$3.58 Million/day CA$- CA$- ▼ -17 days
2011 181 days CA$654.00 Million CA$3.62 Million/day CA$- CA$- ▲ +23 days
2010 158 days CA$655.00 Million CA$4.16 Million/day CA$- CA$- ▲ +21 days
2009 136 days CA$595.00 Million CA$4.37 Million/day CA$- CA$- ▼ -10 days
2008 146 days CA$681.00 Million CA$4.65 Million/day CA$- CA$- ▲ +18 days
2007 128 days CA$635.00 Million CA$4.94 Million/day CA$- CA$- ▼ -56 days
2006 184 days CA$285.62 Million CA$1.55 Million/day CA$- CA$- ▲ +8 days
2005 176 days CA$204.17 Million CA$1.16 Million/day CA$- CA$- ▲ +47 days
2004 129 days CA$190.56 Million CA$1.47 Million/day CA$- CA$- ▼ -31 days
2003 160 days CA$130.25 Million CA$814.46K/day CA$- CA$- ▲ +11 days
2002 148 days CA$136.07 Million CA$916.35K/day CA$- CA$- ▲ +12 days
2001 136 days CA$102.16 Million CA$748.80K/day CA$- CA$- ▲ +2 days
2000 135 days CA$76.80 Million CA$570.14K/day CA$- CA$- ▲ +32 days
1999 102 days CA$64.34 Million CA$628.96K/day CA$- CA$- ▼ -80 days
1998 183 days CA$70.45 Million CA$385.70K/day CA$- CA$- ▲ +59 days
1997 123 days CA$58.19 Million CA$471.67K/day CA$- CA$- ▼ -14 days
1995 138 days CA$57.82 Million CA$420.19K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)