Fortinet Inc (FTNT)
94.46
-3.42
(-3.49%)
USD |
NASDAQ |
Nov 14, 16:00
94.47
0.00 (0.00%)
After-Hours: 17:38
Fortinet Debt to Equity Ratio: 1.094 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.094 |
| June 30, 2024 | 3.447 |
| March 31, 2024 | -7.220 |
| December 31, 2023 | -2.141 |
| September 30, 2023 | 13.38 |
| June 30, 2023 | 3.086 |
| March 31, 2023 | 86.92 |
| December 31, 2022 | -3.517 |
| September 30, 2022 | -1.560 |
| June 30, 2022 | -2.518 |
| March 31, 2022 | 4.542 |
| December 31, 2021 | 1.264 |
| September 30, 2021 | 0.8994 |
| June 30, 2021 | 0.9403 |
| March 31, 2021 | 1.006 |
| December 31, 2020 | 0.00 |
| September 30, 2020 | 0.00 |
| June 30, 2020 | 0.00 |
| March 31, 2020 | 0.00 |
| December 31, 2019 | 0.00 |
| September 30, 2019 | 0.00 |
| June 30, 2019 | 0.00 |
| March 31, 2019 | 0.00 |
| December 31, 2018 | 0.00 |
| September 30, 2018 | 0.00 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.00 |
| December 31, 2017 | 0.00 |
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.00 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| December 31, 2015 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| December 31, 2014 | 0.00 |
| September 30, 2014 | 0.00 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.00 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-7.220
Minimum
Mar 2024
86.92
Maximum
Mar 2023
4.982
Average
0.4497
Median
Debt to Equity Ratio Benchmarks
| Palo Alto Networks Inc | 0.1865 |
| CrowdStrike Holdings Inc | 0.2605 |
| Akamai Technologies Inc | 0.7392 |
| Zscaler Inc | 0.8965 |
| Verify Smart Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.852B |
| Total Liabilities (Quarterly) | 7.944B |
| Shareholders Equity (Quarterly) | 908.10M |
| Current Ratio | 1.344 |
| Net Debt Paydown Yield | -0.00% |