Balance Sheet Data

Fortis Inc. (FTS)

$38.63

-0.09 (-0.23%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 370249131209625387.67415.43445.18477.06511.23
Total Cash (%)
Account Receivables 1,1051,1741,2691,7591,6271,708.291,830.631,961.732,102.222,252.77
Account Receivables (%)
Inventories 394422478661566621.25665.74713.41764.51819.26
Inventories (%)
Accounts Payable 7547077748869901,019.651,092.671,170.931,254.781,344.65
Accounts Payable (%)
Capital Expenditure -3,720-4,039-3,386-3,865-4,169-4,803.31-5,147.30-5,515.93-5,910.96-6,334.28
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.