Fortinet, Inc. company logo
Fortinet, Inc. logo

Fortinet, Inc. (FTNT) Debt To Equity Ratio

Annual Debt To Equity

0.860.14+19.44%

Summary

Current Value
As of today, FTNT annual debt to equity is 0.86, up +19.44% on
Historical Performance
FTNT annual debt to equity is up +122.28% over the past 3 years, up +1333.33% over the past 5 years
All-Time High Comparison
FTNT annual debt to equity is currently -36.30% below its historical high of 1.35 set on
3-Year Low Comparison
FTNT annual debt to equity is +122.28% above its 3-year low of -3.86 reached on an earlier date
Sector Comparison
FTNT annual debt to equity is higher than 78.76% of companies in Technology sector

Debt To Equity Chart

SUGGESTED SERIES

Performance

FTNT Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity0.86+19.4%+122.3%+1333.3%+100.0%
Quarterly Debt To Equity0.32-33.3%-89.6%-68.0%+100.0%
Price$164.21+120.7%+171.2%+173.3%+4418.7%
Annual Total Debt$1.06B-1.1%-2.2%+1899.6%+100.0%
Annual Shareholders Equity$1.24B-17.2%+539.5%+44.6%+432.4%
Annual Current Ratio1.17-20.4%-5.7%-22.0%-39.1%
Annual Quick Ratio1.09-21.6%-5.2%-23.2%-41.4%
Annual Short Term Debt$499.70M+1428.1%+1405.1%+2516.2%+100.0%
Annual Long Term Debt$526.00M-49.5%-50.0%+1447.1%+100.0%
Piotroski F-Score60.0%-25.0%+20.0%0.0%
Altman Z-Score9.24+65.9%+71.1%-11.3%+23.7%

Debt To Equity Highs

FTNT Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y0.86at high
5Y1.35-36.3%
All1.35-36.3%

Debt To Equity Lows

FTNT Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y-3.86N/A+122.3%
5Y-3.86+122.3%
All-3.86+122.3%

Debt To Equity History

YearValueChange
0.86+19.4%
0.72+131.2%
-2.31+40.2%
-3.86-385.9%
1.35+2,150.0%
0.06+100.0%
0.03>+9,900.0%
0.000.0%
0.000.0%
0.000.0%
YearValueChange
0.000.0%
0.000.0%
0.000.0%
0.000.0%
0.000.0%
0.000.0%
0.000.0%
0.000.0%
0.00-

FAQ

What is the current annual debt to equity of FTNT?
As of today, FTNT annual debt to equity is 0.86
What is 1-year change in FTNT annual debt to equity?
FTNT annual debt to equity is up +19.44% year-over-year
What is 3-year change in FTNT annual debt to equity?
FTNT annual debt to equity is up +122.28% over the past 3 years
How far is FTNT annual debt to equity from its all-time high?
FTNT annual debt to equity is currently -36.30% below its historical high of 1.35 set on December 31, 2021
How does FTNT annual debt to equity rank versus sector peers?
FTNT annual debt to equity is higher than 78.76% 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

Debt To Equity Formula

Debt To Equity =  

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