Fortinet Inc (FTNT)

97.19 +2.34 (+2.47%) USD  |  NASDAQ  |  Dec 20, 16:00
97.34 +0.15 (+0.15%) After-Hours: 20:00
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Fortinet Debt to Equity Ratio: 1.094 for Sept. 30, 2024

Debt to Equity Ratio Chart

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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00
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Historical Data

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Debt to Equity Ratio Definition

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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.

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Debt to Equity Ratio Range, Past 5 Years

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Debt to Equity Ratio Benchmarks

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Akamai Technologies Inc 0.7392
Palo Alto Networks Inc 0.1092
Zscaler Inc 0.8021
CrowdStrike Holdings Inc 0.2432
Okta Inc 0.137

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%