FTNT logo

Fortinet (FTNT) Quick Ratio

Annual Quick Ratio

1.06
-0.09-7.83%

December 31, 2023

Summary

Performance

1-Year Change

-7.83%

3-Year Change

-25.35%

5-Year Change

-37.65%

15-Year Change

-33.75%

FTNT Quick Ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Highlights

Sector Rank

30%
FTNT annual quick ratio is higher than 30% of companies in Technology sector

High & Low

All-time High

1.90
FTNT annual quick ratio is currently -44.21% below its historical high of 1.90

3-Year Low

1.06
FTNT annual quick 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 Current Ratio

1.19
FTNT annual current ratio is 1.19

Annual Debt To Equity

-2.14
FTNT annual debt to equity ratio is -2.14

Piotroski F-Score

7
FTNT piotroski f-score is 7

Altman Z-Score

7.71
FTNT altman z-score is 7.71

Quarterly Quick Ratio

1.25
+0.03+2.46%

September 30, 2024

Summary

Performance

3-Month Change

+2.46%

1-Year Change

+17.92%

3-Year Change

+0.81%

5-Year Change

-28.98%

FTNT Quarterly Quick Ratio Chart

Add series to chart
Add series to chart(max: 6)
company, ETF, index, featured screener or watchlist
series name
Suggested series

Highlights

Sector Rank

38.39%
FTNT quarterly quick ratio is higher than 38.39% of companies in Technology sector

High & Low

All-time High

2.00
FTNT quarterly quick ratio is currently -37.50% below its historical high of 2.00

3-Year Low

1.00
FTNT quarterly quick ratio is currently +25.00% 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 Current Ratio

1.34
FTNT quarterly current ratio is 1.34

Quarterly Debt To Equity

1.09
FTNT quarterly debt to equity ratio is 1.09

Piotroski F-Score

7
FTNT piotroski f-score is 7

Altman Z-Score

7.71
FTNT altman z-score is 7.71

Quick Ratio Formula

Quick Ratio =  
Current Assets - Inventory
Current Liabilities

Annual Quick Ratio

1.06
FTNT annual quick ratio is 1.06

Annual Current Assets

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

Annual Inventory

$484.80 M
FTNT annual inventory is $484.80 million

Annual Current Liabilities

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

FTNT Quick Ratio Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-7.8%+17.9%
3 y3 years-25.4%+0.8%
5 y5 years-37.6%-29.0%

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-28.4%at low-15.5%+25.0%
5 y5-year-41.8%at low-35.2%+25.0%
alltimeall time-44.2%+7.1%-37.5%+25.0%

Fortinet Quick Ratio History

DateAnnualQuarterly
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%)
Dec 2016
1.73
1.73(0.0%)
DateAnnualQuarterly
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 1.06

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 -0.09 (-7.83%)

What is Fortinet quarterly quick ratio?

The current quarterly quick ratio of FTNT is 1.25

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 +0.19 (+17.92%)