Fortinet Capex To Depreciation from 2010 to 2024
FTNT Stock | USD 94.02 1.57 1.70% |
Capex To Depreciation | First Reported 2010-12-31 | Previous Quarter 1.79982363 | Current Value 1.11 | Quarterly Volatility 0.83932612 |
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.
Fortinet | Capex To Depreciation |
Latest Fortinet's Capex To Depreciation Growth Pattern
Below is the plot of the Capex To Depreciation of Fortinet over the last few years. It is the ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets. Fortinet's Capex To Depreciation 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.
Capex To Depreciation | 10 Years Trend |
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Capex To Depreciation |
Timeline |
Fortinet Capex To Depreciation Regression Statistics
Arithmetic Mean | 1.57 | |
Geometric Mean | 1.35 | |
Coefficient Of Variation | 53.52 | |
Mean Deviation | 0.64 | |
Median | 1.46 | |
Standard Deviation | 0.84 | |
Sample Variance | 0.70 | |
Range | 3.1677 | |
R-Value | 0.55 | |
Mean Square Error | 0.53 | |
R-Squared | 0.30 | |
Significance | 0.04 | |
Slope | 0.10 | |
Total Sum of Squares | 9.86 |
Fortinet Capex To Depreciation History
About Fortinet Financial Statements
Fortinet shareholders use historical fundamental indicators, such as Capex To Depreciation, 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 Reported | Projected for Next Year | ||
Capex To Depreciation | 1.80 | 1.11 |
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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.