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Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc Logo
Fortinet Inc
NASDAQ:FTNT
Watchlist
Price: 64.3 USD 0.19% Market Closed
Updated: Apr 30, 2024
Financials Section:
Income Statement Balance Sheet Cash Flow Statement
|
Revenue Breakdown

Balance Sheet

7.3B
-3%
Assets
Growth Rates:
1 Year
+17%
3 Years
+79%
5 Years
+136%
7 Years
+239%
10 Years
+521%
7.7B
+4%
Liabilities
Growth Rates:
1 Year
+19%
3 Years
+142%
5 Years
+273%
7 Years
+493%
10 Years
+1 225%
-463.4m
Equity
Growth Rates:
1 Year
-65%
3 Years
-
5 Years
-
7 Years
-
10 Years
-

Balance Sheet Decomposition
Fortinet Inc

7.3B
Assets
7.7B
Liabilities
7.3B
Assets
7.7B
Liabilities
Current Assets 4.4B
Cash & Short-Term Investments 2.4B
Receivables 1.4B
Other Current Assets 585.9m
Non-Current Assets 2.8B
PP&E 1B
Intangibles 161.8m
Other Non-Current Assets 1.6B
Current Liabilities 3.7B
Accounts Payable 204.3m
Accrued Liabilities 602.4m
Other Current Liabilities 2.9B
Non-Current Liabilities 4B
Long-Term Debt 992.3m
Other Non-Current Liabilities 3B

Balance Sheet
Fortinet Inc

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
283
543
709
811
1 112
1 223
1 062
1 319
1 683
1 398
Cash Equivalents
283
543
709
811
1 112
1 223
1 062
1 319
1 683
1 398
Short-Term Investments
437
348
377
440
537
843
776
1 233
528
1 043
Total Receivables
185
260
313
348
445
544
720
808
1 262
1 402
Accounts Receivables
185
260
313
348
445
544
720
808
1 262
1 402
Other Receivables
0
0
0
0
0
0
0
0
0
0
Inventory
70
84
107
77
90
118
140
176
265
485
Other Current Assets
31
36
33
40
37
41
43
65
73
101
Total Current Assets
1 005
1 271
1 539
1 717
2 221
2 769
2 740
3 601
3 810
4 428
PP&E Net
59
91
137
245
271
389
497
753
995
1 044
PP&E Gross
59
91
137
245
271
389
497
753
995
0
Accumulated Depreciation
36
49
71
95
111
137
173
212
280
0
Intangible Assets
3
18
25
16
22
31
32
64
56
162
Goodwill
3
5
15
15
38
67
93
125
128
0
Long-Term Investments
272
273
225
98
67
144
118
441
46
0
Other Long-Term Assets
83
134
200
167
458
479
564
936
1 193
1 624
Other Assets
3
5
15
15
38
67
93
125
128
0
Total Assets
1 425
N/A
1 791
+26%
2 140
+20%
2 258
+6%
3 078
+36%
3 879
+26%
4 045
+4%
5 919
+46%
6 228
+5%
7 259
+17%
Liabilities
Accounts Payable
50
62
57
70
86
96
142
148
243
204
Accrued Liabilities
75
94
114
142
176
204
295
392
486
602
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Other Current Liabilities
372
523
659
815
994
1 156
1 393
1 777
2 349
2 912
Total Current Liabilities
497
679
829
1 027
1 256
1 456
1 830
2 318
3 078
3 719
Long-Term Debt
0
0
0
0
0
0
0
988
990
992
Minority Interest
0
0
0
0
0
0
0
17
0
0
Other Liabilities
252
357
473
641
811
1 081
1 359
1 814
2 441
3 011
Total Liabilities
749
N/A
1 035
+38%
1 302
+26%
1 669
+28%
2 068
+24%
2 537
+23%
3 189
+26%
5 137
+61%
6 510
+27%
7 722
+19%
Equity
Common Stock
0
0
0
0
0
0
0
0
1
1
Retained Earnings
114
69
38
320
58
161
352
468
1 546
1 862
Additional Paid In Capital
563
688
801
910
1 068
1 180
1 207
1 254
1 284
1 416
Unrealized Security Profit/Loss
1
1
1
0
0
1
0
0
0
0
Other Equity
0
1
0
1
1
0
1
5
20
19
Total Equity
676
N/A
755
+12%
838
+11%
589
-30%
1 010
+71%
1 342
+33%
856
-36%
782
-9%
282
N/A
463
-65%
Total Liabilities & Equity
1 425
N/A
1 791
+26%
2 140
+20%
2 258
+6%
3 078
+36%
3 879
+26%
4 045
+4%
5 919
+46%
6 228
+5%
7 259
+17%
Shares Outstanding
Common Shares Outstanding
832
857
865
840
849
859
813
810
782
768

See Also

Summary
FTNT intrinsic value, competitors valuation, and company profile.
DCF Valuation
FTNT stock valuation using Discount Cash Flow valuation method.
Relative Valuation
FTNT stock valuation using valuation multiples.
Wall Street Estimates
FTNT price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
FTNT stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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