Fortinet Other Current Assets from 2010 to 2024

FTNT Stock  USD 94.02  1.57  1.70%   
Fortinet Other Current Assets yearly trend continues to be comparatively stable with very little volatility. Other Current Assets are likely to outpace its year average in 2024. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
2007-12-31
Previous Quarter
113.4 M
Current Value
170.5 M
Quarterly Volatility
31.7 M
 
Housing Crash
 
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 Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Fortinet over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Fortinet's Other 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.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Fortinet Other Current Assets Regression Statistics

Arithmetic Mean46,804,133
Geometric Mean34,267,698
Coefficient Of Variation69.02
Mean Deviation26,444,578
Median36,800,000
Standard Deviation32,302,731
Sample Variance1043.5T
Range103.5M
R-Value0.93
Mean Square Error144.8T
R-Squared0.87
Slope6,741,546
Total Sum of Squares14608.5T

Fortinet Other Current Assets History

2024106.2 M
2023101.1 M
202273.1 M
202165.4 M
202086.6 M
201941.2 M
201836.8 M

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Other 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. 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
Other Current Assets101.1 M106.2 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.