Fortis (FTS) - Net assets

Net assets on the balance sheet as of September 2024 : €17.24 Billion

According to Fortis's latest financial reports the company has €17.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortis - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€15.91 B	1.4%
2022-12-31	$€15.69 B	8.29%
2021-12-31	$€14.49 B	12.05%
2020-12-31	$€12.93 B	-5.92%
2019-12-31	$€13.74 B	16.07%
2018-12-31	$€11.84 B	6.67%
2017-12-31	$€11.10 B	-4.59%
2016-12-31	$€11.63 B	70.5%
2015-12-31	$€6.82 B	5.73%
2014-12-31	$€6.45 B	48.85%
2013-12-31	$€4.33 B	5.45%
2012-12-31	$€4.11 B	9.92%
2011-12-31	$€3.74 B	22.57%
2010-12-31	$€3.05 B	25.64%
2009-12-31	$€2.42 B	16.74%
2008-12-31	$€2.08 B	6.83%
2007-12-31	$€1.94 B	95.77%
2006-12-31	$€0.99 B	-12.71%
2005-12-31	$€1.14 B	36.88%
2004-12-31	$€0.83 B	75.66%
2003-12-31	$€0.47 B	25.1%
2002-12-31	$€0.37 B	9.74%
2001-12-31	$€0.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Huaneng Power 600011.SS	€27.44 B	59.15%	🇨🇳 China
Fortis FTS	€17.24 B	0.00%	🇨🇦 Canada
Hawaiian Electric Industries HE	€1.06 B	-93.80%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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