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Fortinet (FTNT) Quick ratio

annual quick ratio:

1.39+0.33(+31.13%)
December 31, 2024

Summary

  • As of today (May 29, 2025), FTNT annual quick ratio is 1.39, with the most recent change of +0.33 (+31.13%) on December 31, 2024.
  • During the last 3 years, FTNT annual quick ratio has fallen by -0.09 (-6.08%).
  • FTNT annual quick ratio is now -26.84% below its all-time high of 1.90, reached on December 31, 2011.

Performance

1-year change

+31.13%

3-year change

-6.08%

5-year change

-23.63%

15-year change

-13.12%

FTNT Quick ratio Chart

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Highlights

Sector rank

43.76%
FTNT annual quick ratio is higher than 43.76% of companies in Technology sector

Range

All-time high

1.90
FTNT annual quick ratio is currently -26.84% below its historical high of 1.90

3-year low

1.06
FTNT annual quick ratio is currently +31.13% above its 3-year low

Earnings dates

Last annual earnings report date

Dec 31, 2024
FTNT previous annual earnings announcement was published on Dec 31, 2024

Next annual earnings report date

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

OtherFTNTfinancial health metrics

annual current ratio

1.47
FTNT annual current ratio is 1.47

annual debt to equity

0.67
FTNT annual debt to equity ratio is 0.67

Piotroski F-Score

7
FTNT piotroski f-score is 7

Altman Z-Score

7.18
FTNT altman z-score is 7.18

quarterly quick ratio:

1.29-0.10(-7.19%)
March 31, 2025

Summary

  • As of today (May 29, 2025), FTNT quarterly quick ratio is 1.29, with the most recent change of -0.10 (-7.19%) on March 31, 2025.
  • Over the past year, FTNT quarterly quick ratio has increased by +0.21 (+19.44%).
  • FTNT quarterly quick ratio is now -35.50% below its all-time high of 2.00, reached on March 31, 2015.

Performance

3-month change

-7.19%

1-year change

+19.44%

3-year change

+7.5%

5-year change

+3.2%

FTNT quarterly quick ratio Chart

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Highlights

Sector rank

40.52%
FTNT quarterly quick ratio is higher than 40.52% of companies in Technology sector

Range

All-time high

2.00
FTNT quarterly quick ratio is currently -35.50% below its historical high of 2.00

3-year low

1.00
FTNT quarterly quick ratio is currently +29.00% above its 3-year low

Earnings dates

Last quarterly earnings report date

Mar 31, 2025
FTNT previous earnings announcement was published on Mar 31, 2025

Next quarterly earnings report date

Aug 6, 2025
FTNT next earnings announcement is scheduled for Aug 6, 2025

OtherFTNTfinancial health metrics

quarterly current ratio

1.36
FTNT quarterly current ratio is 1.36

quarterly debt to equity

0.51
FTNT quarterly debt to equity ratio is 0.51

Piotroski F-Score

7
FTNT piotroski f-score is 7

Altman Z-Score

7.18
FTNT altman z-score is 7.18

Quick ratio Formula

Quick Ratio =  
Current Assets - Inventory
Current Liabilities

annual quick ratio

1.39
FTNT annual quick ratio is 1.39

annual current assets

$5.97B
FTNT annual total current assets is $5.97 billion

annual inventory

$315.50M
FTNT annual inventory is $315.50 million

annual current liabilities

$4.06B
FTNT annual total current liabilities is $4.06 billion

FTNT Quick ratio Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+31.1%+19.4%
3 y3 years-6.1%+7.5%
5 y5 years-23.6%+3.2%

FTNT Quick ratio Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-6.1%+31.1%-7.2%+29.0%
5 y5-year-23.6%+31.1%-33.2%+29.0%
alltimeall time-26.8%+40.4%-35.5%+29.0%

FTNT Quick ratio History

DateAnnualQuarterly
Mar 2025
-
1.29(-7.2%)
Dec 2024
1.39(+31.1%)
1.39(+11.2%)
Sep 2024
-
1.25(+2.5%)
Jun 2024
-
1.22(+13.0%)
Mar 2024
-
1.08(+1.9%)
Dec 2023
1.06(-7.8%)
1.06(-9.4%)
Sep 2023
-
1.17(-9.3%)
Jun 2023
-
1.29(+4.0%)
Mar 2023
-
1.24(+7.8%)
Dec 2022
1.15(-22.3%)
1.15(+15.0%)
Sep 2022
-
1.00(-4.8%)
Jun 2022
-
1.05(-12.5%)
Mar 2022
-
1.20(-18.9%)
Dec 2021
1.48(+4.2%)
1.48(-14.0%)
Sep 2021
-
1.72(-8.5%)
Jun 2021
-
1.88(-2.6%)
Mar 2021
-
1.93(+35.9%)
Dec 2020
1.42(-22.0%)
1.42(+3.6%)
Sep 2020
-
1.37(+6.2%)
Jun 2020
-
1.29(+3.2%)
Mar 2020
-
1.25(-31.3%)
Dec 2019
1.82(+7.1%)
1.82(+3.4%)
Sep 2019
-
1.76(0.0%)
Jun 2019
-
1.76(-0.6%)
Mar 2019
-
1.77(+4.1%)
Dec 2018
1.70(+6.3%)
1.70(-5.6%)
Sep 2018
-
1.80(+8.4%)
Jun 2018
-
1.66(+3.1%)
Mar 2018
-
1.61(+0.6%)
Dec 2017
1.60(-7.5%)
1.60(-7.5%)
Sep 2017
-
1.73(+1.2%)
Jun 2017
-
1.71(-2.8%)
Mar 2017
-
1.76(+1.7%)
DateAnnualQuarterly
Dec 2016
1.73(-1.1%)
1.73(0.0%)
Sep 2016
-
1.73(-0.6%)
Jun 2016
-
1.74(-1.1%)
Mar 2016
-
1.76(+0.6%)
Dec 2015
1.75(-7.4%)
1.75(-9.8%)
Sep 2015
-
1.94(-2.5%)
Jun 2015
-
1.99(-0.5%)
Mar 2015
-
2.00(+5.8%)
Dec 2014
1.89(+13.9%)
1.89(-3.1%)
Sep 2014
-
1.95(+9.6%)
Jun 2014
-
1.78(-4.8%)
Mar 2014
-
1.87(+12.7%)
Dec 2013
1.66(-3.5%)
1.66(-7.3%)
Sep 2013
-
1.79(+1.1%)
Jun 2013
-
1.77(-0.6%)
Mar 2013
-
1.78(+3.5%)
Dec 2012
1.72(-9.5%)
1.72(+4.9%)
Sep 2012
-
1.64(-7.9%)
Jun 2012
-
1.78(-9.6%)
Mar 2012
-
1.97(+3.7%)
Dec 2011
1.90(+2.2%)
1.90(-2.6%)
Sep 2011
-
1.95(+8.9%)
Jun 2011
-
1.79(+7.8%)
Mar 2011
-
1.66(-10.8%)
Dec 2010
1.86(+1.1%)
1.86(+1.1%)
Sep 2010
-
1.84(+8.9%)
Jun 2010
-
1.69(-1.7%)
Mar 2010
-
1.72(-6.5%)
Dec 2009
1.84(+55.9%)
1.84(+52.1%)
Sep 2009
-
1.21(+7.1%)
Jun 2009
-
1.13(-4.2%)
Dec 2008
1.18(+19.2%)
1.18
Dec 2007
0.99
-

FAQ

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

What is Fortinet annual quick ratio?

The current annual quick ratio of FTNT is 1.39

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

Fortinet all-time high annual quick ratio is 1.90

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

Over the past year, FTNT annual quick ratio has changed by +0.33 (+31.13%)

What is Fortinet quarterly quick ratio?

The current quarterly quick ratio of FTNT is 1.29

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

Fortinet all-time high quarterly quick ratio is 2.00

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

Over the past year, FTNT quarterly quick ratio has changed by +0.21 (+19.44%)
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