Fortune Historical Balance Sheet

FBIN Stock   66.62  2.35  3.41%   
Trend analysis of Fortune Brands Innovations balance sheet accounts such as Other Current Liabilities of 506.2 M or Total Current Liabilities of 1.1 B provides information on Fortune Brands' total assets, liabilities, and equity, which is the actual value of Fortune Brands Innov to its prevalent stockholders. By breaking down trends over time using Fortune Brands balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Fortune Brands Innov latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fortune Brands Innov is a good buy for the upcoming year.

Fortune Brands Inventory

685.42 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Innovations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

About Fortune Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Fortune Brands Innov at a specified time, usually calculated after every quarter, six months, or one year. Fortune Brands Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Fortune Brands and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Fortune currently owns. An asset can also be divided into two categories, current and non-current.

Fortune Brands Balance Sheet Chart

At this time, Fortune Brands' Net Invested Capital is very stable compared to the past year. As of the 5th of June 2024, Non Current Liabilities Other is likely to grow to about 145 M, while Total Assets are likely to drop about 5.9 B.

Total Assets

Total assets refers to the total amount of Fortune Brands assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Fortune Brands Innov books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Fortune Brands balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Fortune Brands Innovations are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Fortune Brands' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Fortune Brands Innov current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Innovations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
At this time, Fortune Brands' Net Invested Capital is very stable compared to the past year. As of the 5th of June 2024, Non Current Liabilities Other is likely to grow to about 145 M, while Total Assets are likely to drop about 5.9 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total2.7B2.7B2.7B1.5B
Total Assets7.9B6.1B6.5B5.9B

Fortune Brands balance sheet Correlations

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Fortune Brands Account Relationship Matchups

Fortune Brands balance sheet Accounts

201920202021202220232024 (projected)
Total Assets6.3B7.4B7.9B6.1B6.5B5.9B
Short Long Term Debt Total2.2B2.6B2.7B2.7B2.7B1.5B
Other Current Liab549.6M724.6M806.2M389.5M628M506.2M
Total Current Liabilities1.4B1.3B2.0B1.5B1.2B1.1B
Total Stockholder Equity2.4B2.8B3.1B2.1B2.3B2.3B
Property Plant And Equipment Net824.2M917.4M1.0B783.7M975M777.6M
Net Debt1.8B2.2B2.2B2.0B2.3B1.2B
Retained Earnings1.8B2.2B2.8B2.3B2.6B2.7B
Accounts Payable460M620.5M764.9M421.6M531.4M450.1M
Cash387.9M419.1M471.5M642.5M366.4M320.6M
Non Current Assets Total4.4B5.2B5.2B3.7B4.5B4.0B
Non Currrent Assets Other257.2M378.5M299.2M91.2M(1.1B)(1.0B)
Cash And Short Term Investments387.9M419.1M471.5M642.5M366.4M320.6M
Net Receivables624.8M734.9M885.7M521.9M534.2M577.3M
Good Will2.1B2.4B2.5B1.6B1.9B1.9B
Common Stock Shares Outstanding141.3M140.2M139.5M131.3M127.7M121.2M
Liabilities And Stockholders Equity6.3B7.4B7.9B6.1B6.5B5.9B
Non Current Liabilities Total2.5B3.2B2.9B2.5B3.1B2.4B
Inventory718.6M867.2M1.2B1.0B941.3M685.4M
Other Current Assets166.9M187.3M193.5M274.8M155.8M184.2M
Other Stockholder Equity734.4M648.6M279.6M(278.7M)(377.1M)(358.2M)
Total Liab3.9B4.6B4.9B4.0B4.2B3.6B
Total Current Assets1.9B2.2B2.7B2.5B2.0B1.8B
Accumulated Other Comprehensive Income(72.6M)(55.1M)(24.6M)37.4M63.3M66.5M
Short Term Debt399.7M38.5M400M599.2M37.1M35.2M
Intangible Assets1.2B1.4B1.4B1.0B1.4B1.1B
Long Term Debt1.8B2.6B2.3B2.1B2.7B2.4B
Net Invested Capital4.6B5.3B5.8B4.8B5.0B5.5B
Non Current Liabilities Other171.2M205.4M176M278.1M99.2M145M
Net Working Capital488.9M863.4M773.4M913.3M845.3M747.7M

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Additional Information and Resources on Investing in Fortune Stock

When determining whether Fortune Brands Innov offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortune Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortune Brands Innovations Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortune Brands Innovations Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Innovations. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortune Brands. If investors know Fortune will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortune Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.148
Dividend Share
0.94
Earnings Share
3.26
Revenue Per Share
37.202
Quarterly Revenue Growth
0.067
The market value of Fortune Brands Innov is measured differently than its book value, which is the value of Fortune that is recorded on the company's balance sheet. Investors also form their own opinion of Fortune Brands' value that differs from its market value or its book value, called intrinsic value, which is Fortune Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortune Brands' market value can be influenced by many factors that don't directly affect Fortune Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortune Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortune Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortune Brands' 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.