FTS
Price:
$44.59
Market Cap:
$29.96B
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 438,000 retail customers in southeastern Arizona; and 100,000 retail customers in Arizona's Mohave and Santa Cruz counties with an aggregate capacity of 3,485 megawatts (MW), including 53 MW of solar capacity and 252 MV of wind capacity. The company also sells wholesale electricity to other entities in the western United States; owns gas-fired and hydroelectric generating capacity totaling 65 MW; and distributes natural gas to approximately 1,065,000 residential, commercial, and industrial customers in Bri...[Read more]
Industry
Regulated Electric
IPO Date
2010-01-05
Stock Exchange
NYSE
Ticker
FTS
According to Fortis Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.69. This represents a change of 2.96% compared to the average of 0.67 of the last 4 quarters.
The mean historical Current Ratio of Fortis Inc. over the last ten years is 0.65. The current 0.69 Current Ratio has changed 10.48% with respect to the historical average. Over the past ten years (40 quarters), FTS's Current Ratio was at its highest in in the June 2015 quarter at 1.02. The Current Ratio was at its lowest in in the June 2017 quarter at 0.51.
Average
0.65
Median
0.64
Minimum
0.55
Maximum
0.77
Discovering the peaks and valleys of Fortis Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 21.76%
Maximum Annual Current Ratio = 0.77
Minimum Annual Increase = -21.98%
Minimum Annual Current Ratio = 0.55
Year | Current Ratio | Change |
---|---|---|
2023 | 0.67 | 4.61% |
2022 | 0.65 | 13.56% |
2021 | 0.57 | -9.78% |
2020 | 0.63 | 2.16% |
2019 | 0.62 | -19.63% |
2018 | 0.77 | 21.76% |
2017 | 0.63 | 14.69% |
2016 | 0.55 | -21.98% |
2015 | 0.70 | -3.75% |
2014 | 0.73 | 17.61% |
The current Current Ratio of Fortis Inc. (FTS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.63
5-year avg
0.63
10-year avg
0.65
Fortis Inc.’s Current Ratio is less than CMS Energy Corporation (0), less than Ameren Corporation (1.18), greater than Pinnacle West Capital Corporation (0.67), greater than MGE Energy, Inc. (0.55), less than Evergy, Inc. (1.32), greater than Alliant Energy Corporation (0.59), greater than CenterPoint Energy, Inc. (0.65), less than FirstEnergy Corp. (1.20), greater than Edison International (0.51), less than Public Service Enterprise Group Incorporated (1.03), greater than Entergy Corporation (0.65), less than null (0.90),
Company | Current Ratio | Market cap |
---|---|---|
0 | $20.32B | |
1.18 | $22.19B | |
0.67 | $9.98B | |
0.55 | $3.13B | |
1.32 | $13.74B | |
0.59 | $15.03B | |
0.65 | $17.78B | |
1.20 | $25.45B | |
0.51 | $33.46B | |
1.03 | $39.82B | |
0.65 | $26.07B | |
0.90 | $0 |
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What is the Current Ratio?
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What is Fortis Inc.'s Current Ratio?
How is the Current Ratio calculated for Fortis Inc. (FTS)?
What is the highest Current Ratio for Fortis Inc. (FTS)?
What is the 3-year average Current Ratio for Fortis Inc. (FTS)?
What is the 5-year average Current Ratio for Fortis Inc. (FTS)?
How does the current Current Ratio for Fortis Inc. (FTS) compare to its historical average?