Fortinet Inc (FTNT)
68.10
+0.84
(+1.25%)
USD |
NASDAQ |
Mar 28, 12:54
Fortinet Debt to Equity Ratio: -2.141 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
June 30, 2018 | 0.00 |
March 31, 2018 | 0.00 |
December 31, 2017 | 0.00 |
Date | Value |
---|---|
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 |
March 31, 2012 | 0.00 |
December 31, 2011 | 0.00 |
September 30, 2011 | 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
-3.517
Minimum
Dec 2022
86.92
Maximum
Mar 2023
5.115
Average
--
Median
Mar 2019
Debt to Equity Ratio Benchmarks
Palo Alto Networks Inc | 0.4181 |
Zscaler Inc | 1.19 |
CrowdStrike Holdings Inc | 0.3223 |
Verify Smart Corp | -- |
Cisco Systems Inc | 0.2509 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 7.259B |
Total Liabilities (Quarterly) | 7.722B |
Shareholders Equity (Quarterly) | -463.40M |
Current Ratio | 1.191 |
Net Debt Paydown Yield | -0.00% |