Fortescue (ASX:FMG) Change In Prepaid Assets : A$0 Mil (TTM As of Dec. 2023)

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What is Fortescue Change In Prepaid Assets?

Fortescue's Change In Prepaid Assets for the quarter that ended in Dec. 2023 was A$0 Mil. It means Fortescue's Prepaid Assets stayed the same from Jun. 2023 to Dec. 2023 .

Fortescue's Change In Prepaid Assets for the fiscal year that ended in Jun. 2023 was A$0 Mil. It means Fortescue's Prepaid Assets stayed the same from Jun. 2022 to Jun. 2023 .

Fortescue Change In Prepaid Assets Historical Data

The historical data trend for Fortescue's Change In Prepaid Assets 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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Fortescue Change In Prepaid Assets Chart

Fortescue Annual Data

Trend

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Change In Prepaid Assets

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Fortescue Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
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Fortescue Change In Prepaid Assets Calculation

Change In Prepaid Assets is any increase or decrease between periods of the prepaid assets.

Change In Prepaid Assets for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0 Mil.

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Fortescue (ASX:FMG) Business Description

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Address

87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004

Website

https://www.fortescue.com

Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

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