Fortinet Long Term Debt from 2010 to 2024

FTNT Stock  USD 96.44  3.32  3.57%   
Fortinet Long Term Debt yearly trend continues to be comparatively stable with very little volatility. Long Term Debt is likely to outpace its year average in 2024. Long Term Debt is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. View All Fundamentals
 
Long Term Debt  
First Reported
2011-06-30
Previous Quarter
993.3 M
Current Value
993.8 M
Quarterly Volatility
471.7 M
 
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.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Long Term Debt Growth Pattern

Below is the plot of the Long Term Debt of Fortinet over the last few years. Long-term debt is a debt that Fortinet has held for over one year. Long-term debt appears on Fortinet balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Fortinet balance sheet is the sum of the balances of all categories of long-term debt. It is debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years. Fortinet's Long Term Debt 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.
Long Term Debt10 Years Trend
Slightly volatile
   Long Term Debt   
       Timeline  

Fortinet Long Term Debt Regression Statistics

Arithmetic Mean465,214,333
Geometric Mean0.00
Coefficient Of Variation110.69
Mean Deviation496,228,622
Median0.00
Standard Deviation514,955,679
Sample Variance265179.4T
Range1B
R-Value0.87
Mean Square Error68911.2T
R-Squared0.76
Significance0.000024
Slope100,297,161
Total Sum of Squares3712510.9T

Fortinet Long Term Debt History

2024B
2023992.3 M
2022990.4 M
2018988.4 M

Other Fundumenentals of Fortinet

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Long Term Debt, 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
Long Term Debt992.3 MB
Short and Long Term Debt Total1.1 B706 M
Long Term Debt Total1.1 B1.1 B
Long Term Debt To Capitalization 1.88  1.02 

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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.