Fortinet, Inc. company logo
Fortinet, Inc. logo

Fortinet, Inc. (FTNT) Current Ratio

Annual Current Ratio

1.170.30-20.41%

Summary

Current Value
As of today, FTNT annual current ratio is 1.17, down -20.41% on
Historical Performance
FTNT annual current ratio is down -5.65% over the past 3 years, down -22.00% over the past 5 years
All-Time High Comparison
FTNT annual current ratio is currently -44.55% below its historical high of 2.11 set on
3-Year Low Comparison
FTNT annual current ratio is at its 3-year low
Sector Comparison
FTNT annual current ratio is higher than 27.80% of companies in Technology sector

Current Ratio Chart

SUGGESTED SERIES

Performance

FTNT Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio1.17-20.4%-5.7%-22.0%-39.1%
Quarterly Current Ratio1.15-15.4%-14.2%-42.8%-32.8%
Price$144.68+39.8%+103.0%+226.2%+2986.2%
Annual Current Assets$5.90B-1.2%+54.8%+115.3%+1304.3%
Annual Current Liabilities$5.03B+24.0%+63.5%+175.2%+2205.1%
Annual Quick Ratio1.09-21.6%-5.2%-23.2%-41.4%
Annual Debt To Equity0.86+19.4%+122.3%+1333.3%+100.0%
Piotroski F-Score6-14.3%-25.0%0.0%+20.0%
Altman Z-Score8.29+15.0%+34.4%+3.5%-9.7%

Current Ratio Highs

FTNT Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.47-20.4%
5Y1.55-24.5%
All2.11-44.5%

Current Ratio Lows

FTNT Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.17at low
5Y1.17at low
All1.11+5.4%

Current Ratio History

YearValueChange
1.17-20.4%
1.47+23.5%
1.19-4.0%
1.24-20.0%
1.55+3.3%
1.50-21.1%
1.90+7.3%
1.77+6.0%
1.67-10.2%
1.86-0.5%
YearValueChange
1.87-11.4%
2.11+18.5%
1.780.0%
1.78-9.2%
1.96+2.1%
1.92+1.1%
1.90+54.5%
1.23+10.8%
1.11-

FAQ

  • What is the current annual current ratio of FTNT?

    As of today, FTNT annual current ratio is 1.17

  • What is 1-year change in FTNT annual current ratio?

    FTNT annual current ratio is down -20.41% year-over-year

  • What is 3-year change in FTNT annual current ratio?

    FTNT annual current ratio is down -5.65% over the past 3 years

  • How far is FTNT annual current ratio from its all-time high?

    FTNT annual current ratio is currently -44.55% below its historical high of 2.11 set on December 31, 2014

  • How does FTNT annual current ratio rank versus sector peers?

    FTNT annual current ratio is higher than 27.80% of companies in Technology sector

  • When is FTNT next annual earnings release?

    As of today, the next annual earnings release for FTNT has not been scheduled

Current Ratio Formula

Data Sources & References

  1. FTNT Official Website www.fortinet.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1262039/000126203926000003/0001262039-26-000003-index.htm
  3. FTNT Profile on Yahoo Finance finance.yahoo.com/quote/FTNT
  4. FTNT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ftnt