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Fortescue (Fortescue) Long-Term Debt : $5,154 Mil (As of Dec. 2023)


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What is Fortescue Long-Term Debt?

Fortescue's Long-Term Debt for the quarter that ended in Dec. 2023 was $5,154 Mil.

Fortescue's quarterly Long-Term Debt declined from Dec. 2022 ($5,905 Mil) to Jun. 2023 ($4,528 Mil) but then increased from Jun. 2023 ($4,528 Mil) to Dec. 2023 ($5,154 Mil).

Fortescue's annual Long-Term Debt increased from Jun. 2021 ($3,404 Mil) to Jun. 2022 ($5,282 Mil) but then declined from Jun. 2022 ($5,282 Mil) to Jun. 2023 ($4,528 Mil).

Fortescue Long-Term Debt Historical Data

The historical data trend for Fortescue's Long-Term Debt 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 Long-Term Debt Chart

Fortescue Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,341.00 4,193.00 3,404.00 5,282.00 4,528.00

Fortescue Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Debt 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 4,465.00 5,282.00 5,905.00 4,528.00 5,154.00

Fortescue  (OTCPK:FSUGY) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Fortescue Long-Term Debt Related Terms

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Fortescue (Fortescue) Business Description

Industry
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Traded in Other Exchanges
FSUMF:USA 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 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.