Fortinet Liabilities 2024

Fortinet Liabilities

7.72 B USD

Fortinet Dividend yield

Ticker

FTNT

ISIN

US34959E1091

WKN

A0YEFE

In 2024, Fortinet's total liabilities amounted to 7.72 B USD, a 18.63% difference from the 6.51 B USD total liabilities in the previous year.

Fortinet Aktienanalyse

What does Fortinet do?

Fortinet Inc. is an American IT security company specializing in the development, production, and marketing of advanced security solutions for businesses, service providers, and government agencies. Established in 2000 by Ken Xie, the former founder and CEO of Netscreen Technologies, the company is headquartered in Sunnyvale, California. Fortinet's business model focuses on the development of cybersecurity solutions. They offer advanced and comprehensive security solutions based on the latest technologies and strategies, capable of defending against various security threats such as viruses, malware, phishing, DDoS attacks, ransomware, etc. Fortinet follows a multi-level strategy to expand its business, relying on partnerships, mergers, and acquisitions in the cybersecurity industry. Fortinet began as a small startup company in California in 2000. In 2001, they introduced their first product, the FortiGate, which served as a Unified Threat Management (UTM) device, incorporating multiple security features such as firewall, VPN, Intrusion Prevention System (IPS), antivirus, and anti-spam. In 2003, the company launched the FortiManager and FortiAnalyzer product lines to enable centralized administration and comprehensive reporting of security events. Over the years, Fortinet has expanded its portfolio and now offers a wide range of products and solutions based on the latest technologies and strategies. In 2019, the company's revenue amounted to $2.16 billion. Fortinet offers a variety of products and solutions specializing in different areas of cybersecurity, including network and endpoint security, cloud security, application security, IoT and OT security and management, as well as consulting and professional services. The product range includes: - FortiGate: A network security device that includes firewall, VPN, IPS, application control, anti-malware, anti-spam, and web filtering. - FortiWeb: A web-based firewall that enhances the security of critical web applications. - FortiMail: An email security solution that blocks spam and malware, filters content, and provides encryption. - FortiDDoS: A solution for defending against Distributed Denial-of-Service (DDoS) attacks. - FortiClient: An endpoint security solution that ensures the security of devices. - FortiOS: An operating system and framework that controls most of Fortinet's products. - FortiManager: A centralized management system that enables configuration and administration of Fortinet security products. - FortiAnalyzer: A central reporting and analysis system that provides a comprehensive and detailed overview of security events. In conclusion, Fortinet has become a global leader in the cybersecurity industry in recent years. The company delivers advanced and comprehensive security solutions and relies on cooperation and acquisitions to consolidate its position in the industry. With a strong product portfolio and a high commitment to research and development, Fortinet will continue to play a significant role in the cybersecurity industry in the future. Fortinet ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Fortinet's Liabilities

Fortinet's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Fortinet's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Fortinet's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Fortinet's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Fortinet’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Fortinet Stock

What is the level of liabilities of Fortinet this year?

Fortinet has a debt balance of 7.72 B USD this year.

What were the liabilities of Fortinet compared to the previous year?

The liabilities of Fortinet have increased by 18.63% increased compared to the previous year.

What are the consequences of high debt for investors of Fortinet?

High liabilities can pose a risk for investors of Fortinet, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Fortinet?

Low liabilities mean that Fortinet has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Fortinet affect the company?

An increase in liabilities of Fortinet can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Fortinet affect the company?

A decrease in the liabilities of Fortinet can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Fortinet?

Some factors that can influence the liabilities of Fortinet include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Fortinet so important for investors?

The liabilities of Fortinet are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Fortinet take to modify the liabilities?

To change its liabilities, Fortinet can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Fortinet pay?

Over the past 12 months, Fortinet paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Fortinet is expected to pay a dividend of 0 USD.

What is the dividend yield of Fortinet?

The current dividend yield of Fortinet is .

When does Fortinet pay dividends?

Fortinet pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Fortinet?

Fortinet paid dividends every year for the past 0 years.

What is the dividend of Fortinet?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Fortinet located?

Fortinet is assigned to the 'Information technology' sector.

Wann musste ich die Aktien von Fortinet kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Fortinet from 4/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/20/2024.

When did Fortinet pay the last dividend?

The last dividend was paid out on 4/20/2024.

What was the dividend of Fortinet in the year 2023?

In the year 2023, Fortinet distributed 0 USD as dividends.

In which currency does Fortinet pay out the dividend?

The dividends of Fortinet are distributed in USD.

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Andere Kennzahlen von Fortinet

Our stock analysis for Fortinet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Fortinet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.