Fortis (Fortis) Accumulated Depreciation : $0 Mil (As of Mar. 2024)

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What is Fortis Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Fortis's quarterly accumulated depreciation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($-11,134 Mil) but then stayed the same from Dec. 2023 ($-11,134 Mil) to Mar. 2024 ($0 Mil).

Fortis's annual accumulated depreciation increased from Dec. 2021 ($-10,448 Mil) to Dec. 2022 ($-10,676 Mil) and increased from Dec. 2022 ($-10,676 Mil) to Dec. 2023 ($-11,134 Mil).

Fortis Accumulated Depreciation Historical Data

The historical data trend for Fortis's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortis Accumulated Depreciation Chart

Fortis Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-9,285.44

-9,894.61

-10,448.44

-10,676.48

-11,134.47

Fortis Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accumulated Depreciation	Get a 7-Day Free Trial															-	-	-	-11,134.47	-

Fortis Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Fortis Accumulated Depreciation Related Terms

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Fortis (Fortis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Fortis Inc (NYSE:FTS) » Definitions » Accumulated Depreciation

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Address

5 Springdale Street, Suite 1100, Fortis Place, St. John’s, NL, CAN, A1E 0E4

Website

https://www.fortisinc.com

Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving more than 3.4 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven U.S. states, with more than 16,000 miles of high-voltage transmission lines in operation.