Fortis Inc. Annual Interest Expense in CAD from 2015 to 2023

Taxonomy & unit
us-gaap: CAD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Fortis Inc. annual/quarterly Interest Expense history and growth rate from 2015 to 2023.
  • Fortis Inc. Interest Expense for the quarter ending June 30, 2023 was CA$323M, a 21.4% increase year-over-year.
  • Fortis Inc. annual Interest Expense for 2023 was CA$1.31B, a 18.4% increase from 2022.
  • Fortis Inc. annual Interest Expense for 2022 was CA$1.1B, a 9.87% increase from 2021.
  • Fortis Inc. annual Interest Expense for 2021 was CA$1B, a 3.74% decline from 2020.
Interest Expense, Annual (CAD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 1.31B +203M +18.4% Jan 1, 2023 Dec 31, 2023 40-F 2024-02-09
2022 1.1B +99M +9.87% Jan 1, 2022 Dec 31, 2022 40-F 2024-02-09
2021 1B -39M -3.74% Jan 1, 2021 Dec 31, 2021 40-F 2023-02-10
2020 1.04B +7M +0.68% Jan 1, 2020 Dec 31, 2020 40-F 2022-02-11
2019 1.04B +61M +6.26% Jan 1, 2019 Dec 31, 2019 40-F 2021-02-12
2018 974M +60M +6.57% Jan 1, 2018 Dec 31, 2018 40-F 2020-02-13
2017 914M +236M +34.8% Jan 1, 2017 Dec 31, 2017 40-F 2019-02-15
2016 678M +125M +22.6% Jan 1, 2016 Dec 31, 2016 40-F 2018-02-15
2015 553M Jan 1, 2015 Dec 31, 2015 40-F/A 2017-03-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.