Fortis (FTS) - Net assets

Net assets on the balance sheet as of September 2024 : £14.34 Billion

According to Fortis's latest financial reports the company has £14.34 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	$£13.80 B	-0.76%
2022-12-31	$£13.91 B	14.44%
2021-12-31	$£12.15 B	4.18%
2020-12-31	$£11.67 B	-0.62%
2019-12-31	$£11.74 B	10.03%
2018-12-31	$£10.67 B	8.28%
2017-12-31	$£9.85 B	-0.64%
2016-12-31	$£9.92 B	96.98%
2015-12-31	$£5.03 B	-0.14%
2014-12-31	$£5.04 B	38.89%
2013-12-31	$£3.63 B	7.88%
2012-12-31	$£3.36 B	7.66%
2011-12-31	$£3.12 B	18.86%
2010-12-31	$£2.63 B	22.27%
2009-12-31	$£2.15 B	8.36%
2008-12-31	$£1.98 B	38.64%
2007-12-31	$£1.43 B	113.59%
2006-12-31	$£0.67 B	-14.4%
2005-12-31	$£0.78 B	33.07%
2004-12-31	$£0.58 B	76.35%
2003-12-31	$£0.33 B	35.05%
2002-12-31	$£0.24 B	17.46%
2001-12-31	$£0.21 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Huaneng Power 600011.SS	£22.83 B	59.15%	🇨🇳 China
Fortis FTS	£14.34 B	0.00%	🇨🇦 Canada
Hawaiian Electric Industries HE	£0.88 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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