Fortinet Intangible Assets from 2010 to 2024

FTNT Stock  USD 93.12  0.35  0.38%   
Fortinet Intangible Assets yearly trend continues to be comparatively stable with very little volatility. Intangible Assets will likely drop to about 24.6 M in 2024. Intangible Assets is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. View All Fundamentals
 
Intangible Assets  
First Reported
2008-12-31
Previous Quarter
30.2 M
Current Value
111.6 M
Quarterly Volatility
28.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Fortinet Correlation against competitors.
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Latest Fortinet's Intangible Assets Growth Pattern

Below is the plot of the Intangible Assets of Fortinet over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Fortinet's Intangible 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.
Intangible Assets10 Years Trend
Slightly volatile
   Intangible Assets   
       Timeline  

Fortinet Intangible Assets Regression Statistics

Arithmetic Mean22,505,975
Geometric Mean12,744,144
Coefficient Of Variation85.16
Mean Deviation14,597,173
Median22,100,000
Standard Deviation19,167,019
Sample Variance367.4T
Range62.2M
R-Value0.81
Mean Square Error135.7T
R-Squared0.66
Significance0.0002
Slope3,474,233
Total Sum of Squares5143.2T

Fortinet Intangible Assets History

202424.6 M
202335.3 M
202256 M
202163.6 M
202031.6 M
201931.1 M
201822.1 M

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Intangible 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. 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 ReportedProjected for Next Year
Intangible Assets35.3 M24.6 M

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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.