Fortinet (FTNT) - Total debt

Total debt on the balance sheet as of December 2024 : A$1.58 Billion

According to Fortinet's latest financial reports the company's total debt is A$1.58 Billion. A company’s total debt is the sum of all current and non-current debts.

Fortinet - Total debt on balance sheet (from 2021 to 2024)

Total debt by year

Year	Total debt	Change
2024-12-31	A$1.59 B	9.75%
2023-12-31	A$1.45 B	0.07%
2022-12-31	A$1.45 B	6.75%
2021-12-31	A$1.36 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Juniper Networks JNPR	A$2.78 B	76.06%	🇺🇸 USA
F5 Networks FFIV	A$0.43 B	-72.41%	🇺🇸 USA
Check Point Software CHKP	A$0.31 M	-99.98%	🇮🇱 Israel
HP HPQ	A$17.32 B	996.15%	🇺🇸 USA
NETGEAR NTGR	A$48.69 M	-96.92%	🇺🇸 USA
Cisco CSCO	A$49.34 B	3,021.49%	🇺🇸 USA
Palo Alto Networks PANW	A$1.42 B	-9.81%	🇺🇸 USA
Intel INTC	A$79.50 B	4,929.77%	🇺🇸 USA
FireEye FEYE	N/A	N/A	🇺🇸 USA
ADTRAN ADTN	A$0.34 B	-78.33%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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