Balance Sheet Data
Fortis Inc. (FTS)
$40.08
+0.10 (+0.25%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 332 | 370 | 249 | 131 | 209 | 337.23 | 361.72 | 387.97 | 416.14 | 446.35 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 1,171 | 1,105 | 1,174 | 1,269 | 1,759 | 1,635.46 | 1,754.18 | 1,881.53 | 2,018.12 | 2,164.62 |
| Account Receivables (%) | ||||||||||
| Inventories | 398 | 394 | 422 | 478 | 661 | 592.18 | 635.17 | 681.28 | 730.73 | 783.78 |
| Inventories (%) | ||||||||||
| Accounts Payable | 679 | 754 | 707 | 774 | 886 | 966.66 | 1,036.84 | 1,112.11 | 1,192.84 | 1,279.44 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -3,218 | -3,720 | -4,039 | -3,386 | -3,865 | -4,660.92 | -4,999.28 | -5,362.21 | -5,751.48 | -6,169.01 |
| 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.