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Fortinet (FTNT) Current Ratio

Annual Current Ratio

1.19
-0.05-4.03%

December 31, 2023

Summary

Performance

1-Year Change

-4.03%

3-Year Change

-20.67%

5-Year Change

-32.77%

15-Year Change

-28.74%

FTNT Current Ratio Chart

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Highlights

Sector Rank

28.41%
FTNT annual current ratio is higher than 28.41% of companies in Technology sector

High & Low

All-time High

2.03
FTNT annual current ratio is currently -41.38% below its historical high of 2.03

3-Year Low

1.19
FTNT annual current ratio is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
FTNT previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

N/A
FTNT next annual earnings announcement has not yet been scheduled

OtherFTNTfinancial healthmetrics:

Annual Quick Ratio

1.06
FTNT annual quick ratio is 1.06

Annual Debt To Equity

-2.14
FTNT annual debt to equity ratio is -2.14

Annual Interest Coverage Ratio

64.51
FTNT annual interest coverage ratio is 64.51

Piotroski F-Score

7
FTNT piotroski f-score is 7

Quarterly Current Ratio

1.34
+0.02+1.52%

September 30, 2024

Summary

Performance

3-Month Change

+1.52%

1-Year Change

+12.61%

3-Year Change

0%

5-Year Change

-27.17%

FTNT Quarterly Current Ratio Chart

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Highlights

Sector Rank

34.57%
FTNT quarterly current ratio is higher than 34.57% of companies in Technology sector

High & Low

All-time High

2.14
FTNT quarterly current ratio is currently -37.38% below its historical high of 2.14

3-Year Low

1.07
FTNT quarterly current ratio is currently +25.23% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
FTNT previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

N/A
FTNT next earnings announcement has not yet been scheduled

OtherFTNTfinancial healthmetrics:

Quarterly Quick Ratio

1.25
FTNT quarterly quick ratio is 1.25

Quarterly Debt To Equity

1.09
FTNT quarterly debt to equity ratio is 1.09

Quarterly Interest Coverage Ratio

126.28
FTNT quarterly interest coverage ratio is 126.28

Piotroski F-Score

7
FTNT piotroski f-score is 7

Current Ratio Formula

Current Ratio =  
Current Assets
Current Liabilities

Annual Current Ratio

1.19
FTNT annual current ratio is 1.19

Annual Current Assets

$4.43 B
FTNT annual total current assets is $4.43 billion

Annual Current Liabilities

$3.72 B
FTNT annual total current liabilities is $3.72 billion

FTNT Current Ratio Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-4.0%+12.6%
3 y3 years-20.7%0.0%
5 y5 years-32.8%-27.2%

FTNT Current Ratio Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-23.2%at low-13.6%+25.2%
5 y5-year-37.4%at low-33.3%+25.2%
alltimeall time-41.4%+7.2%-37.4%+25.2%

Fortinet Current Ratio History

DateAnnualQuarterly
Sep 2024
-
1.34(+1.5%)
Jun 2024
-
1.32(+10.0%)
Mar 2024
-
1.20(+0.8%)
Dec 2023
1.19(-4.0%)
1.19(-8.5%)
Sep 2023
-
1.30(-6.5%)
Jun 2023
-
1.39(+3.7%)
Mar 2023
-
1.34(+8.1%)
Dec 2022
1.24(-20.0%)
1.24(+15.9%)
Sep 2022
-
1.07(-4.5%)
Jun 2022
-
1.12(-12.5%)
Mar 2022
-
1.28(-17.4%)
Dec 2021
1.55(+3.3%)
1.55(-13.9%)
Sep 2021
-
1.80(-8.2%)
Jun 2021
-
1.96(-2.5%)
Mar 2021
-
2.01(+34.0%)
Dec 2020
1.50(-21.1%)
1.50(+3.4%)
Sep 2020
-
1.45(+5.8%)
Jun 2020
-
1.37(+3.8%)
Mar 2020
-
1.32(-30.5%)
Dec 2019
1.90(+7.3%)
1.90(+3.3%)
Sep 2019
-
1.84(+1.1%)
Jun 2019
-
1.82(-1.1%)
Mar 2019
-
1.84(+4.0%)
Dec 2018
1.77(+6.0%)
1.77(-5.3%)
Sep 2018
-
1.87(+7.5%)
Jun 2018
-
1.74(+3.0%)
Mar 2018
-
1.69(+1.2%)
Dec 2017
1.67(-10.2%)
1.67(-7.7%)
Sep 2017
-
1.81(0.0%)
Jun 2017
-
1.81(-4.2%)
Mar 2017
-
1.89(+1.6%)
Dec 2016
1.86
1.86(0.0%)
DateAnnualQuarterly
Sep 2016
-
1.86(+0.5%)
Jun 2016
-
1.85(-1.1%)
Mar 2016
-
1.87(0.0%)
Dec 2015
1.87(-7.9%)
1.87(-10.1%)
Sep 2015
-
2.08(-1.4%)
Jun 2015
-
2.11(-1.4%)
Mar 2015
-
2.14(+5.4%)
Dec 2014
2.03(+14.0%)
2.03(-1.5%)
Sep 2014
-
2.06(+9.0%)
Jun 2014
-
1.89(-4.5%)
Mar 2014
-
1.98(+11.2%)
Dec 2013
1.78(0.0%)
1.78(-7.3%)
Sep 2013
-
1.92(+2.7%)
Jun 2013
-
1.87(+1.1%)
Mar 2013
-
1.85(+3.9%)
Dec 2012
1.78(-9.2%)
1.78(+3.5%)
Sep 2012
-
1.72(-7.0%)
Jun 2012
-
1.85(-9.3%)
Mar 2012
-
2.04(+4.1%)
Dec 2011
1.96(+2.1%)
1.96(-2.0%)
Sep 2011
-
2.00(+8.1%)
Jun 2011
-
1.85(+8.2%)
Mar 2011
-
1.71(-10.9%)
Dec 2010
1.92(+1.1%)
1.92(+1.6%)
Sep 2010
-
1.89(+8.0%)
Jun 2010
-
1.75(-1.7%)
Mar 2010
-
1.78(-6.3%)
Dec 2009
1.90(+52.0%)
1.90(+49.6%)
Sep 2009
-
1.27(+6.7%)
Jun 2009
-
1.19(-4.8%)
Dec 2008
1.25(+12.6%)
1.25
Dec 2007
1.11
-

FAQ

  • What is Fortinet annual current ratio?
  • What is the all time high annual current ratio for Fortinet?
  • What is Fortinet annual current ratio year-on-year change?
  • What is Fortinet quarterly current ratio?
  • What is the all time high quarterly current ratio for Fortinet?
  • What is Fortinet quarterly current ratio year-on-year change?

What is Fortinet annual current ratio?

The current annual current ratio of FTNT is 1.19

What is the all time high annual current ratio for Fortinet?

Fortinet all-time high annual current ratio is 2.03

What is Fortinet annual current ratio year-on-year change?

Over the past year, FTNT annual current ratio has changed by -0.05 (-4.03%)

What is Fortinet quarterly current ratio?

The current quarterly current ratio of FTNT is 1.34

What is the all time high quarterly current ratio for Fortinet?

Fortinet all-time high quarterly current ratio is 2.14

What is Fortinet quarterly current ratio year-on-year change?

Over the past year, FTNT quarterly current ratio has changed by +0.15 (+12.61%)