Fortinet Interest Income from 2010 to 2024

FTNT Stock  USD 97.19  2.34  2.47%   
Fortinet Interest Income yearly trend continues to be comparatively stable with very little volatility. Interest Income is likely to outpace its year average in 2024. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2019-03-31
Previous Quarter
38.3 M
Current Value
42.4 M
Quarterly Volatility
14.2 M
 
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 Interest Income Growth Pattern

Below is the plot of the Interest Income of Fortinet over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Fortinet's Interest Income 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.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

Fortinet Interest Income Regression Statistics

Arithmetic Mean24,178,000
Geometric Mean12,659,246
Coefficient Of Variation135.81
Mean Deviation23,173,733
Median7,303,000
Standard Deviation32,836,947
Sample Variance1078.3T
Range98.7M
R-Value0.70
Mean Square Error598.1T
R-Squared0.48
Significance0
Slope5,112,989
Total Sum of Squares15095.7T

Fortinet Interest Income History

2024103.2 M
202398.3 M
202217.4 M
20214.5 M
202017.7 M
201942.5 M
201826.5 M

Other Fundumenentals of Fortinet

Fortinet Interest Income component correlations

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0.99-0.55-0.2-0.930.971.00.821.00.980.620.911.00.72-0.640.820.95-0.540.950.260.230.870.74
-0.25-0.52-0.2-0.05-0.28-0.2-0.24-0.12-0.34-0.180.02-0.16-0.4-0.46-0.61-0.210.37-0.24-0.35-0.490.10.19
-0.870.82-0.93-0.05-0.89-0.94-0.59-0.94-0.84-0.57-0.96-0.94-0.540.87-0.62-0.940.62-0.830.040.1-0.96-0.8
0.97-0.50.97-0.28-0.890.980.760.960.960.620.870.970.8-0.610.840.92-0.520.960.270.230.830.59
0.98-0.571.0-0.2-0.940.980.790.990.970.610.920.990.72-0.660.810.96-0.560.950.220.190.890.73
0.88-0.120.82-0.24-0.590.760.790.810.880.510.580.810.72-0.230.790.64-0.160.860.640.610.50.56
0.98-0.591.0-0.12-0.940.960.990.810.970.620.911.00.73-0.680.790.93-0.50.950.270.210.880.74
1.0-0.380.98-0.34-0.840.960.970.880.970.620.820.970.8-0.480.890.89-0.480.960.410.390.770.65
0.63-0.280.62-0.18-0.570.620.610.510.620.620.570.630.58-0.410.630.55-0.290.610.220.190.50.38
0.85-0.760.910.02-0.960.870.920.580.910.820.570.90.46-0.820.580.95-0.610.77-0.1-0.130.990.82
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0.8-0.080.72-0.4-0.540.80.720.720.730.80.580.460.74-0.220.860.54-0.10.840.650.590.40.18
-0.550.98-0.64-0.460.87-0.61-0.66-0.23-0.68-0.48-0.41-0.82-0.67-0.22-0.19-0.70.46-0.520.340.45-0.87-0.67
0.86-0.080.82-0.61-0.620.840.810.790.790.890.630.580.80.86-0.190.72-0.410.850.490.520.50.43
0.9-0.640.95-0.21-0.940.920.960.640.930.890.550.950.930.54-0.70.72-0.730.850.010.030.940.77
-0.450.49-0.540.370.62-0.52-0.56-0.16-0.5-0.48-0.29-0.61-0.52-0.10.46-0.41-0.73-0.40.280.17-0.63-0.53
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0.390.420.26-0.350.040.270.220.640.270.410.22-0.10.280.650.340.490.010.280.470.96-0.16-0.17
0.350.520.23-0.490.10.230.190.610.210.390.19-0.130.230.590.450.520.030.170.430.96-0.19-0.16
0.8-0.830.870.1-0.960.830.890.50.880.770.50.990.870.4-0.870.50.94-0.630.73-0.16-0.190.83
0.67-0.690.740.19-0.80.590.730.560.740.650.380.820.720.18-0.670.430.77-0.530.57-0.17-0.160.83
Click cells to compare fundamentals

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Interest Income, 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
Interest Income98.3 M103.2 M
Net Interest Income78.2 M82.1 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.