Fortinet, Inc. company logo
Fortinet, Inc. logo

Fortinet, Inc. (FTNT) Quick Ratio

Annual Quick Ratio

1.090.30-21.58%

Summary

Current Value
As of today, FTNT annual quick ratio is 1.09, down -21.58% on
Historical Performance
FTNT annual quick ratio is down -5.22% over the past 3 years, down -23.24% over the past 5 years
All-Time High Comparison
FTNT annual quick ratio is currently -44.67% below its historical high of 1.97 set on
3-Year Low Comparison
FTNT annual quick ratio is +2.83% above its 3-year low of 1.06 reached on
Sector Comparison
FTNT annual quick ratio is higher than 31.44% of companies in Technology sector

Quick Ratio Chart

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Series
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Performance

FTNT Performance
MetricDateValue1Y3Y5Y15Y
1.09-21.6%-5.2%-23.2%-41.4%
1.09-21.6%-5.2%-23.2%-41.4%
Price$79.18-25.7%+30.1%+133.1%+1775.0%
$5.90B-1.2%+54.8%+115.3%+1304.3%
$399.50M+26.6%+51.0%+185.8%+2855.5%
$5.03B+24.0%+63.5%+175.2%+2205.1%
1.17-20.4%-5.7%-22.0%-39.1%
Annual Debt To Equity0.86+19.4%+122.3%+1333.3%+100.0%
60.0%-14.3%-14.3%0.0%
5.32-27.9%-1.7%-17.0%-36.2%

Quick Ratio Highs

FTNT Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.39-21.6%
5Y1.48-26.4%
All1.97-44.7%

Quick Ratio Lows

FTNT Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.06+2.8%
5Y1.06+2.8%
All0.99+10.1%

Quick Ratio History

YearValueChange
1.09-21.6%
1.39+31.1%
1.06-7.8%
1.15-22.3%
1.48+4.2%
1.42-22.0%
1.82+7.1%
1.70+6.3%
1.60-7.5%
1.73-1.1%
YearValueChange
1.75-11.2%
1.97+18.7%
1.66-3.5%
1.72-9.5%
1.90+2.2%
1.86+1.1%
1.84+58.6%
1.16+17.2%
0.99-

FAQ

  • What is the current annual quick ratio of FTNT?

    As of today, FTNT annual quick ratio is 1.09

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

    FTNT annual quick ratio is down -21.58% year-over-year

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

    FTNT annual quick ratio is down -5.22% over the past 3 years

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

    FTNT annual quick ratio is currently -44.67% below its historical high of 1.97 set on December 31, 2014

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

    FTNT annual quick ratio is higher than 31.44% 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

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

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