Fortinet Good Will from 2010 to 2025

FTNT Stock  USD 98.65  0.20  0.20%   
Fortinet Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will is likely to outpace its year average in 2025. Good Will is an intangible asset that arises when Fortinet acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2011-06-30
Previous Quarter
212.8 M
Current Value
235.4 M
Quarterly Volatility
60.2 M
 
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 458.5 M, Interest Expense of 14.1 M or Selling General Administrative of 249.7 M, as well as many indicators such as Price To Sales Ratio of 12.73, Dividend Yield of 0.0 or PTB Ratio of 50.76. 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 Good Will Growth Pattern

Below is the plot of the Good Will of Fortinet over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Fortinet's Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Fortinet Good Will Regression Statistics

Arithmetic Mean68,754,000
Geometric Mean0.00
Coefficient Of Variation121.10
Mean Deviation67,830,750
Median38,200,000
Standard Deviation83,264,449
Sample Variance6933T
Range247.2M
R-Value0.91
Mean Square Error1342.4T
R-Squared0.82
Slope15,830,091
Total Sum of Squares103994.5T

Fortinet Good Will History

2025247.2 M
2024235.4 M
2023126.5 M
2022128 M
2021125.1 M
202093 M
201967.2 M

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Good Will, 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
Good Will235.4 M247.2 M

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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.