Fortis Inc (FTS)
44.82
+0.12
(+0.27%)
USD |
NYSE |
Nov 21, 16:00
44.81
-0.01
(-0.02%)
Pre-Market: 20:00
Fortis Debt to Equity Ratio: 1.408 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.408 |
| June 30, 2024 | 1.379 |
| March 31, 2024 | 1.382 |
| December 31, 2023 | 1.379 |
| September 30, 2023 | 1.384 |
| June 30, 2023 | 1.364 |
| March 31, 2023 | 1.372 |
| December 31, 2022 | 1.363 |
| September 30, 2022 | 1.360 |
| June 30, 2022 | 1.324 |
| March 31, 2022 | 1.338 |
| December 31, 2021 | 1.326 |
| September 30, 2021 | 1.319 |
| June 30, 2021 | 1.316 |
| March 31, 2021 | 1.310 |
| December 31, 2020 | 1.310 |
| September 30, 2020 | 1.298 |
| June 30, 2020 | 1.259 |
| March 31, 2020 | 1.253 |
| December 31, 2019 | 1.225 |
| September 30, 2019 | 1.346 |
| June 30, 2019 | 1.328 |
| March 31, 2019 | 1.453 |
| December 31, 2018 | 1.460 |
| September 30, 2018 | 1.408 |
| Date | Value |
|---|---|
| June 30, 2018 | 1.416 |
| March 31, 2018 | 1.437 |
| December 31, 2017 | 1.444 |
| September 30, 2017 | 1.399 |
| June 30, 2017 | 1.416 |
| March 31, 2017 | 1.440 |
| December 31, 2016 | 1.526 |
| September 30, 2016 | 1.258 |
| June 30, 2016 | 1.197 |
| March 31, 2016 | 1.168 |
| December 31, 2015 | 1.188 |
| September 30, 2015 | 1.219 |
| June 30, 2015 | 1.258 |
| March 31, 2015 | 1.259 |
| December 31, 2014 | 1.245 |
| September 30, 2014 | 1.965 |
| June 30, 2014 | 1.283 |
| March 31, 2014 | 1.274 |
| December 31, 2013 | 1.236 |
| September 30, 2013 | 1.222 |
| June 30, 2013 | 1.254 |
| March 31, 2013 | 1.169 |
| December 31, 2012 | 1.193 |
| September 30, 2012 | 1.245 |
| June 30, 2012 | 1.250 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.225
Minimum
Dec 2019
1.408
Maximum
Sep 2024
1.334
Average
1.332
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 51.55B |
| Total Liabilities (Quarterly) | 33.49B |
| Shareholders Equity (Quarterly) | 16.65B |
| Current Ratio | 0.7356 |
| Net Debt Paydown Yield | -1.26% |