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Fortis Inc. logo

Fortis Inc. (FTS) Quick Ratio

Annual Quick Ratio

0.520.06-10.34%

Summary

Current Value
As of today, FTS annual quick ratio is 0.52, down -10.34% on
Historical Performance
FTS annual quick ratio is up +10.64% over the past 3 years, and unchanged over the past 5 years
All-Time High Comparison
FTS annual quick ratio is currently -31.58% below its historical high of 0.76 set on
3-Year Low Comparison
FTS annual quick ratio is at its 3-year low
Sector Comparison
FTS annual quick ratio is higher than 30.09% of companies in Utilities sector

Quick Ratio Chart

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Series
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Performance

FTS Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.52-10.3%+10.6%0.0%-11.9%
Quarterly Quick Ratio0.54-14.3%+5.9%-11.5%-8.5%
Price$51.46+22.6%+25.1%+27.7%+50.6%
Annual Current Assets$2.64B-13.5%+22.2%+33.0%+145.7%
Annual Inventory$476.29M+11.0%+25.9%+56.8%+180.5%
Annual Current Liabilities$4.20B-7.2%+10.4%+30.3%+176.0%
Annual Current Ratio0.63-6.0%+10.5%+1.6%-11.3%
Annual Debt To Equity1.42+1.4%+5.2%+13.6%-7.8%
Piotroski F-Score50.0%-28.6%0.0%0.0%
Altman Z-Score0.82+12.3%+12.3%+12.3%-10.9%

Quick Ratio Highs

FTS Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.58-10.3%
5Y0.58-10.3%
All0.76-31.6%

Quick Ratio Lows

FTS Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.52at low
5Y0.47+10.6%
All0.33+57.6%

Quick Ratio History

YearValueChange
0.52-10.3%
0.58+5.5%
0.55+17.0%
0.47-11.3%
0.53+1.9%
0.52-22.4%
YearValueChange
0.67+26.4%
0.53+17.8%
0.45-22.4%
0.58-4.9%
0.61-

FAQ

  • What is the current annual quick ratio of FTS?

    As of today, FTS annual quick ratio is 0.52

  • What is 1-year change in FTS annual quick ratio?

    FTS annual quick ratio is down -10.34% year-over-year

  • What is 3-year change in FTS annual quick ratio?

    FTS annual quick ratio is up +10.64% over the past 3 years

  • How far is FTS annual quick ratio from its all-time high?

    FTS annual quick ratio is currently -31.58% below its historical high of 0.76 set on December 31, 2011

  • How does FTS annual quick ratio rank versus sector peers?

    FTS annual quick ratio is higher than 30.09% of companies in Utilities sector

  • When is FTS next annual earnings release?

    The next annual earnings release for FTS is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. FTS Official Website www.fortisinc.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1666175/000166617525000051/0001666175-25-000051-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1666175/000166617525000017/0001666175-25-000017-index.htm
  4. FTS Profile on Yahoo Finance finance.yahoo.com/quote/FTS
  5. FTS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/fts