Fortinet Inc
NASDAQ:FTNT

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Fortinet Inc
NASDAQ:FTNT
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Price: 94.02 USD 1.7% Market Closed
Market Cap: 71.9B USD
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Balance Sheet

Balance Sheet Decomposition
Fortinet Inc

Current Assets 5.2B
Cash & Short-Term Investments 3.7B
Receivables 1B
Other Current Assets 475.8m
Non-Current Assets 3.6B
PP&E 1.3B
Intangibles 324.4m
Other Non-Current Assets 2B
Current Liabilities 3.9B
Accounts Payable 177.9m
Accrued Liabilities 624.8m
Other Current Liabilities 3.1B
Non-Current Liabilities 4.1B
Long-Term Debt 993.8m
Other Non-Current Liabilities 3.1B

Balance Sheet
Fortinet Inc

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
283
543
709
811
1 112
1 223
1 062
1 319
1 683
1 398
Cash Equivalents
283
543
709
811
1 112
1 223
1 062
1 319
1 683
1 398
Short-Term Investments
437
348
377
440
537
843
776
1 233
528
1 043
Total Receivables
185
260
313
348
445
544
720
808
1 262
1 402
Accounts Receivables
185
260
313
348
445
544
720
808
1 262
1 402
Other Receivables
0
0
0
0
0
0
0
0
0
0
Inventory
69
84
107
77
90
118
140
176
265
485
Other Current Assets
31
36
33
40
37
41
43
65
73
101
Total Current Assets
1 005
1 271
1 539
1 717
2 221
2 769
2 740
3 601
3 810
4 428
PP&E Net
59
91
137
245
271
389
497
753
995
1 044
PP&E Gross
59
91
137
245
271
389
497
753
995
0
Accumulated Depreciation
36
49
70
95
111
137
173
212
280
0
Intangible Assets
3
18
25
16
22
31
32
64
56
162
Goodwill
3
5
15
15
38
67
93
125
128
0
Long-Term Investments
272
273
225
98
67
144
118
441
46
0
Other Long-Term Assets
83
134
200
167
458
479
564
936
1 193
1 624
Other Assets
3
5
15
15
38
67
93
125
128
0
Total Assets
1 425
N/A
1 791
+26%
2 140
+20%
2 258
+6%
3 078
+36%
3 879
+26%
4 045
+4%
5 919
+46%
6 228
+5%
7 259
+17%
Liabilities
Accounts Payable
50
62
57
70
86
96
142
148
243
204
Accrued Liabilities
75
94
114
142
176
204
295
392
486
602
Short-Term Debt
0
0
0
0
0
0
0
0
0
0
Other Current Liabilities
372
523
659
815
994
1 156
1 393
1 777
2 349
2 912
Total Current Liabilities
496
679
829
1 027
1 256
1 456
1 830
2 318
3 078
3 719
Long-Term Debt
0
0
0
0
0
0
0
988
990
992
Minority Interest
0
0
0
0
0
0
0
17
0
0
Other Liabilities
252
356
473
641
811
1 081
1 359
1 814
2 441
3 011
Total Liabilities
749
N/A
1 035
+38%
1 302
+26%
1 669
+28%
2 068
+24%
2 537
+23%
3 189
+26%
5 137
+61%
6 510
+27%
7 722
+19%
Equity
Common Stock
0
0
0
0
0
0
0
0
1
1
Retained Earnings
114
68
38
320
58
161
352
468
1 546
1 862
Additional Paid In Capital
563
688
801
910
1 068
1 180
1 207
1 254
1 284
1 416
Unrealized Security Profit/Loss
1
1
1
0
0
1
0
0
0
0
Other Equity
0
1
0
1
1
0
1
5
20
19
Total Equity
676
N/A
755
+12%
838
+11%
589
-30%
1 010
+71%
1 342
+33%
856
-36%
782
-9%
282
N/A
463
-65%
Total Liabilities & Equity
1 425
N/A
1 791
+26%
2 140
+20%
2 258
+6%
3 078
+36%
3 879
+26%
4 045
+4%
5 919
+46%
6 228
+5%
7 259
+17%
Shares Outstanding
Common Shares Outstanding
832
857
865
839
849
859
813
810
782
768

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