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Fortis (Fortis) Other Long Term Assets : $3,276 Mil (As of Dec. 2023)


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What is Fortis Other Long Term Assets?

Fortis's other long-term assets for the quarter that ended in Dec. 2023 was $3,276 Mil.

Fortis's quarterly other long-term assets increased from Jun. 2023 ($3,291 Mil) to Sep. 2023 ($3,380 Mil) but then stayed the same from Sep. 2023 ($3,380 Mil) to Dec. 2023 ($3,276 Mil).

Fortis's annual other long-term assets declined from Dec. 2021 ($2,995 Mil) to Dec. 2022 ($2,907 Mil) but then increased from Dec. 2022 ($2,907 Mil) to Dec. 2023 ($3,276 Mil).


Fortis Other Long Term Assets Historical Data

The historical data trend for Fortis's Other Long Term 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.

* Premium members only.

Fortis Other Long Term Assets Chart

Fortis Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Long Term Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,586.38 2,802.72 2,995.31 2,906.88 3,275.94

Fortis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Long Term Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,906.88 3,165.24 3,290.68 3,379.65 3,275.94

Fortis Other Long Term Assets Calculation

GuruFocus lists Investments And Advances, Intangible Assets, Property, Plant and Equipment and Other Long Term Assets under the "Total Long-Term Assets" section.

Other Long Term Assets includes following items:
Investment in Properties
Non-current Accounts Receivable
Non-current Note Receivables
Non-current Deferred Assets
Non-current Prepaid Assets
Defined Pension Benefit
Other (too numerous to list)
Some companies can do choose to report each of these items separately. Yet, there are a variety of Other Long Term Assets which are simply too numerous to list.


Fortis (Fortis) Business Description

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