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Fortinet, Inc. logo

Fortinet, Inc. (FTNT) Quick Ratio

Annual Quick Ratio

1.390.33+31.13%

Summary

Current Value
As of today, FTNT annual quick ratio is 1.39, up +31.13% on
Historical Performance
FTNT annual quick ratio is down -6.08% over the past 3 years, and down -23.63% over the past 5 years
All-Time High Comparison
FTNT annual quick ratio is currently -29.44% below its historical high of 1.97 set on
3-Year Low Comparison
FTNT annual quick ratio is +31.13% above its 3-year low of 1.06 reached on
Sector Comparison
FTNT annual quick ratio is higher than 45.10% of companies in Technology sector

Quick Ratio Chart

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Performance

FTNT Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio1.39+31.1%-6.1%-23.6%-24.5%
Quarterly Quick Ratio0.94-24.8%-6.0%-31.4%-48.9%
Price$76.23-18.1%+56.0%+160.1%+1939.9%
Annual Current Assets$5.97B+34.9%+65.8%+115.7%+1645.0%
Annual Inventory$315.50M-34.9%+79.5%+167.6%+2862.7%
Annual Current Liabilities$4.06B+9.2%+75.2%+178.9%+2148.9%
Annual Current Ratio1.47+23.5%-5.2%-22.6%-22.6%
Annual Debt To Equity0.72+131.2%-46.7%+2300.0%+100.0%
Piotroski F-Score6-14.3%-14.3%-14.3%
Altman Z-Score5.64-15.9%+24.2%-1.2%-24.6%

Quick Ratio Highs

FTNT Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.39at high
5Y1.48-6.1%
All1.97-29.4%

Quick Ratio Lows

FTNT Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y1.06+31.1%
5Y1.06+31.1%
All0.99+40.4%

Quick Ratio History

YearValueChange
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 1.39

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

    FTNT annual quick ratio is up +31.13% year-over-year

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

    FTNT annual quick ratio is down -6.08% over the past 3 years

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

    FTNT annual quick ratio is currently -29.44% 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 45.10% of companies in Technology sector

  • When is FTNT next annual earnings release?

    The next annual earnings release for FTNT is on

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/1262039/000126203925000039/0001262039-25-000039-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1262039/000126203925000011/0001262039-25-000011-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