Fortis Inc (FTS) - Total Liabilities
Based on the latest financial reports, Fortis Inc (FTS) has total liabilities worth CA$50.23 Billion CAD (≈ $36.33 Billion USD) as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore Fortis Inc net asset momentum to track the company's year-over-year net asset growth rate.
Fortis Inc - Total Liabilities Trend (1995–2025)
This chart illustrates how Fortis Inc's total liabilities have evolved over time, based on quarterly financial data. See Fortis Inc (FTS) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Fortis Inc Competitors by Total Liabilities
The table below lists competitors of Fortis Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
DTE Energy Company
NYSE:DTE
|
USA | $42.78 Billion |
|
GE HealthCare Technologies Inc.
NASDAQ:GEHC
|
USA | $26.23 Billion |
|
Teck Resources Limited
TO:TECK-B
|
Canada | CA$19.43 Billion |
|
Bharat Electronics Limited
NSE:BEL_old
|
India | Rs231.82 Billion |
|
Firstrand Ltd
JSE:FSR
|
South Africa | ZAC2.45 Trillion |
|
BOE Technology Group Co Ltd
SHE:000725
|
China | CN¥227.24 Billion |
|
FANUC CORP.UNSP.ADR 1/10
F:FUCA
|
Germany | €195.14 Billion |
|
Gold Fields Limited
F:EDG
|
Germany | €6.55 Billion |
Liability Composition Analysis (1995–2025)
This chart breaks down Fortis Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see Fortis Inc stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.49 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 2.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.65 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Fortis Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Fortis Inc (1995–2025)
The table below shows the annual total liabilities of Fortis Inc from 1995 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$48.96 Billion ≈ $35.42 Billion |
-0.51% |
| 2024-12-31 | CA$49.21 Billion ≈ $35.60 Billion |
+11.64% |
| 2023-12-31 | CA$44.08 Billion ≈ $31.89 Billion |
+2.44% |
| 2022-12-31 | CA$43.03 Billion ≈ $31.13 Billion |
+12.95% |
| 2021-12-31 | CA$38.10 Billion ≈ $27.56 Billion |
+4.41% |
| 2020-12-31 | CA$36.49 Billion ≈ $26.39 Billion |
+5.20% |
| 2019-12-31 | CA$34.68 Billion ≈ $25.09 Billion |
-3.65% |
| 2018-12-31 | CA$35.99 Billion ≈ $26.04 Billion |
+11.03% |
| 2017-12-31 | CA$32.42 Billion ≈ $23.45 Billion |
-0.93% |
| 2016-12-31 | CA$32.72 Billion ≈ $23.67 Billion |
+70.30% |
| 2015-12-31 | CA$19.21 Billion ≈ $13.90 Billion |
+9.69% |
| 2014-12-31 | CA$17.52 Billion ≈ $12.67 Billion |
+51.89% |
| 2013-12-31 | CA$11.53 Billion ≈ $8.34 Billion |
+20.88% |
| 2012-12-31 | CA$9.54 Billion ≈ $6.90 Billion |
+2.90% |
| 2011-12-31 | CA$9.27 Billion ≈ $6.71 Billion |
+4.77% |
| 2010-12-31 | CA$8.85 Billion ≈ $6.40 Billion |
+8.38% |
| 2009-12-31 | CA$8.16 Billion ≈ $5.91 Billion |
+11.45% |
| 2008-12-31 | CA$7.33 Billion ≈ $5.30 Billion |
+2.88% |
| 2007-12-31 | CA$7.12 Billion ≈ $5.15 Billion |
+97.84% |
| 2006-12-31 | CA$3.60 Billion ≈ $2.60 Billion |
+21.30% |
| 2005-12-31 | CA$2.97 Billion ≈ $2.15 Billion |
+14.90% |
| 2004-12-31 | CA$2.58 Billion ≈ $1.87 Billion |
+79.82% |
| 2003-12-31 | CA$1.44 Billion ≈ $1.04 Billion |
+5.40% |
| 2002-12-31 | CA$1.36 Billion ≈ $985.68 Million |
+19.56% |
| 2001-12-31 | CA$1.14 Billion ≈ $824.43 Million |
+10.12% |
| 2000-12-31 | CA$1.03 Billion ≈ $748.67 Million |
+19.05% |
| 1999-12-31 | CA$869.36 Million ≈ $628.88 Million |
+25.98% |
| 1998-12-31 | CA$690.09 Million ≈ $499.20 Million |
+1.12% |
| 1997-12-31 | CA$682.42 Million ≈ $493.65 Million |
+13.22% |
| 1995-12-31 | CA$602.72 Million ≈ $436.00 Million |
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About Fortis Inc
Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. The company generates, transmits, and distributes electricity to approximately 459,000 retail customers in southeastern Arizona, including the greater Tucson metropolitan area; and 107,000 retail customers in southeastern Arizona with an aggregate capacity of 3, 443 megawatts (MW… Read more