FSUMF (Fortescue) Long-Term Debt : $4,525 Mil (As of Jun. 2024)

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What is Fortescue Long-Term Debt?

Fortescue's Long-Term Debt for the quarter that ended in Jun. 2024 was $4,525 Mil.

Fortescue's quarterly Long-Term Debt increased from Jun. 2023 ($4,528 Mil) to Dec. 2023 ($5,154 Mil) but then declined from Dec. 2023 ($5,154 Mil) to Jun. 2024 ($4,525 Mil).

Fortescue's annual Long-Term Debt declined from Jun. 2022 ($5,282 Mil) to Jun. 2023 ($4,528 Mil) and declined from Jun. 2023 ($4,528 Mil) to Jun. 2024 ($4,525 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

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Long-Term Debt

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4,193.00

3,404.00

5,282.00

4,528.00

4,525.00

Fortescue Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Long-Term Debt	Get a 7-Day Free Trial															5,282.00	5,905.00	4,528.00	5,154.00	4,525.00

Fortescue (OTCPK:FSUMF) 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 Business Description

Industry

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Comparable Companies

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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.