Fortescue (ASX:FMG) Other Net Income (Loss) : A$3 Mil (TTM As of Dec. 2023)

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What is Fortescue Other Net Income (Loss)?

Fortescue's Other Net Income (Loss) for the six months ended in Dec. 2023 was A$0 Mil. Its Other Net Income (Loss) for the trailing twelve months (TTM) ended in Dec. 2023 was A$3 Mil.

Fortescue's quarterly Other Net Income (Loss) increased from Dec. 2022 (A$0 Mil) to Jun. 2023 (A$3 Mil) but then declined from Jun. 2023 (A$3 Mil) to Dec. 2023 (A$0 Mil).

Fortescue's annual Other Net Income (Loss) stayed the same from Jun. 2021 (A$0 Mil) to Jun. 2022 (A$0 Mil) but then increased from Jun. 2022 (A$0 Mil) to Jun. 2023 (A$0 Mil).

Fortescue Other Net Income (Loss) Historical Data

The historical data trend for Fortescue's Other Net Income (Loss) 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 Other Net Income (Loss) Chart

Fortescue Annual Data

Trend

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Jun23

Other Net Income (Loss)

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Fortescue Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Net Income (Loss)	Get a 7-Day Free Trial															-	-	-	2.98	-

Fortescue Other Net Income (Loss) Calculation

Different companies can and do choose to report each of income statement items separately. Yet, there are a variety of items which are simply too numerous to list. Therefore GuruFocus uses a standardized financial statement format for all companies. Other Net Income (Loss) may include but is not limited to items such as net income (loss) from discontinuing operations, extraordinary, earnings from equity interest net of tax, etc. After-tax income and Other Net Income (Loss) together constitute Net Income Including Noncontrolling Interests.

Other Net Income (Loss) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$3 Mil.

Fortescue Other Net Income (Loss) Related Terms

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Fortescue (ASX:FMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (ASX:FMG) » Definitions » Other Net Income (Loss)

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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.

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