FSUMF (Fortescue) Loans Receivable : $0 Mil (As of Dec. 2024)

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What is Fortescue Loans Receivable?

Fortescue's Loans Receivable for the quarter that ended in Dec. 2024 was $0 Mil.

Fortescue Loans Receivable Historical Data

The historical data trend for Fortescue's Loans Receivable 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 Loans Receivable Chart

Fortescue Annual Data

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Loans Receivable

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Fortescue Semi-Annual Data
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Fortescue Loans Receivable Calculation

Loans Receivable are the funds that a company has lent but have not yet been repaid.

Fortescue Loans Receivable Related Terms

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Fortescue Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUMF) » Definitions » Loans Receivable

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Traded in Other Exchanges

FSUGY:USA FMG:Mexico FVJ:Germany FMG:Australia

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 2024 means Fortescue supplies around 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once its 22 million metric ton Iron Bridge magnetite mine ramps up, likely in 2026 or 2027. However, with longer-term demand likely to decline as China's economy matures, Fortescue's future margins are likely 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.