Regan ODea - Fortis VP Counsel

FORFF Stock  USD 16.60  0.00  0.00%   

Insider

Regan ODea is VP Counsel of Fortis Inc
Phone709 737 2800
Webhttps://www.fortisinc.com

Fortis Management Efficiency

The company has return on total asset (ROA) of 0.029 % which means that it generated a profit of $0.029 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0692 %, meaning that it generated $0.0692 on every $100 dollars invested by stockholders. Fortis' management efficiency ratios could be used to measure how well Fortis manages its routine affairs as well as how well it operates its assets and liabilities.
Fortis Inc has accumulated 25.93 B in total debt with debt to equity ratio (D/E) of 1.24, which is about average as compared to similar companies. Fortis Inc has a current ratio of 0.63, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Fortis until it has trouble settling it off, either with new capital or with free cash flow. So, Fortis' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fortis Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fortis to invest in growth at high rates of return. When we think about Fortis' use of debt, we should always consider it together with cash and equity.

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Fortis Inc. operates as an electric and gas utility company in Canada, the United States, and the Caribbean countries. It also owns and operates approximately 90,200 circuit Kilometers of distribution lines and approximately 50,500 km of natural gas pipelines. Fortis Inc operates under UtilitiesRegulated Electric classification in the United States and is traded on OTC Exchange. It employs 9100 people. Fortis Inc [FORFF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Fortis Inc Leadership Team

Elected by the shareholders, the Fortis' board of directors comprises two types of representatives: Fortis inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fortis. The board's role is to monitor Fortis' management team and ensure that shareholders' interests are well served. Fortis' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fortis' outside directors are responsible for providing unbiased perspectives on the board's policies.
Gary Smith, Ex Innovation
Susan Gray, Ex Operations
Jocelyn Perry, Ex CFO
Stephanie Amaimo, VP Relations
Ronald Hinsley, Chief VP
Regan ODea, VP Counsel
David Hutchens, CEO Pres
Kevin Woodbury, VP Technology
MEd BPR, VP Affairs
James Reid, Ex Officer

Fortis Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Fortis a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in Fortis Pink Sheet

When determining whether Fortis Inc is a strong investment it is important to analyze Fortis' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortis' future performance. For an informed investment choice regarding Fortis Pink Sheet, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortis Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Please note, there is a significant difference between Fortis' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortis is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortis' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.