Fortinet Debt To Equity from 2010 to 2024

FTNT Stock  USD 95.05  0.99  1.05%   
Fortinet Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity will likely drop to -2.25 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
(2.14)
Current Value
(2.25)
Quarterly Volatility
1.64065095
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Fortinet over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Fortinet's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.24 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Fortinet Debt To Equity Regression Statistics

Arithmetic Mean0.48
Coefficient Of Variation338.76
Mean Deviation1.25
Median1.26
Standard Deviation1.64
Sample Variance2.69
Range4.7815
R-Value(0.67)
Mean Square Error1.59
R-Squared0.45
Significance0.01
Slope(0.25)
Total Sum of Squares37.68

Fortinet Debt To Equity History

2024 -2.25
2023 -2.14
2022 -3.52

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt To Equity(2.14)(2.25)

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.