Fortinet Total Current Assets from 2010 to 2026

FO8 Stock  EUR 63.90  3.60  5.33%   
Fortinet's Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are estimated to finish at about 7.2 B this year. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2016-12-31
Previous Quarter
6.3 B
Current Value
4.9 B
Quarterly Volatility
1.4 B
 
Covid
 
Interest Hikes
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 Interest Expense of 24.1 M, Selling General Administrative of 1.3 B or Total Revenue of 7.2 B, as well as many indicators such as . Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
This module can also supplement various Fortinet Technical models . Check out the analysis of Fortinet Correlation against competitors.
For more detail on how to invest in Fortinet Stock please use our How to Invest in Fortinet guide.
The Total Current Assets trend for Fortinet offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Fortinet is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Fortinet's Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of Fortinet over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. Fortinet's Total Current Assets 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

Fortinet Total Current Assets Regression Statistics

Arithmetic Mean2,892,463,250
Geometric Mean2,259,620,804
Coefficient Of Variation73.22
Mean Deviation1,709,862,559
Median2,220,900,000
Standard Deviation2,117,906,488
Sample Variance4485527.9T
Range6.2B
R-Value0.93
Mean Square Error640593.2T
R-Squared0.87
Slope390,322,730
Total Sum of Squares71768446.3T

Fortinet Total Current Assets History

20267.2 B
20256.9 B
2024B
20234.4 B
20223.8 B
20213.6 B
20202.7 B

About Fortinet Financial Statements

Fortinet stakeholders use historical fundamental indicators, such as Fortinet's Total Current Assets, 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. For example, changes in Fortinet's assets and liabilities are reflected in the revenues and expenses on Fortinet's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Fortinet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Assets6.9 B7.2 B

Currently Active Assets on Macroaxis

When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock:
Check out the analysis of Fortinet Correlation against competitors.
For more detail on how to invest in Fortinet Stock please use our How to Invest in Fortinet guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortinet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Fortinet's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.