Fortescue (ASX:FMG) Beginning Cash Position : A$6,405 Mil (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Fortescue Beginning Cash Position?

Fortescue's Beginning Cash Position for the quarter that ended in Dec. 2023 was A$6,405 Mil.

Fortescue's quarterly Beginning Cash Position declined from Dec. 2022 (A$7,742 Mil) to Jun. 2023 (A$5,961 Mil) but then increased from Jun. 2023 (A$5,961 Mil) to Dec. 2023 (A$6,405 Mil).

Fortescue's annual Beginning Cash Position increased from Jun. 2021 (A$6,350 Mil) to Jun. 2022 (A$9,861 Mil) but then declined from Jun. 2022 (A$9,861 Mil) to Jun. 2023 (A$7,784 Mil).

Fortescue Beginning Cash Position Historical Data

The historical data trend for Fortescue's Beginning Cash Position 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.

Fortescue Beginning Cash Position Chart

Fortescue Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Beginning Cash Position

Get a 7-Day Free Trial

1,242.72

2,715.43

6,350.34

9,861.39

7,783.76

Fortescue Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Beginning Cash Position	Get a 7-Day Free Trial															9,688.14	4,125.28	7,741.97	5,961.49	6,404.78

Fortescue Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Fortescue Beginning Cash Position Related Terms

Thank you for viewing the detailed overview of Fortescue's Beginning Cash Position provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortescue (ASX:FMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (ASX:FMG) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

FSUMF:USA FSUGY:USA FVJ:Germany

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.

Fortescue (ASX:FMG) Headlines

No Headlines