companies: 9,625     total market cap: £83.636 T
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Fortinet
FTNT
#330
Rank
£44.37 B
Marketcap
🇺🇸 USA
Country
£58.01
Share price
1.50%
Change (1 day)
17.75%
Change (1 year)
👩‍💻 Tech 👨‍💻 Software🔒 IT security📞 Networking hardware
Categories
Fortinet Inc. is an American company that develops and distributes software and provides services in the field of information security, for example: firewalls, antivirus programs, intrusion detection and endpoint security.

Fortinet (FTNT) - Net assets

Net assets on the balance sheet as of June 2024 : £0.21 B

According to Fortinet's latest financial reports the company has £0.21 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fortinet - Net assets on balance sheet (from 2008 to 2024)

Net assets by year

Year Net assets Change
2023-12-31$-£0.37 B56.27%
2022-12-31$-£0.24 B-139.46%
2021-12-31$£0.58 B-5.92%
2020-12-31$£0.62 B-38.01%
2019-12-31$£1.01 B27.77%
2018-12-31$£0.79 B81.55%
2017-12-31$£0.43 B-35.76%
2016-12-31$£0.67 B33.32%
2015-12-31$£0.50 B17.27%
2014-12-31$£0.43 B22.43%
2013-12-31$£0.35 B12.25%
2012-12-31$£0.31 B37.04%
2011-12-31$£0.23 B52.6%
2010-12-31$£0.15 B70.26%
2009-12-31$£88.74 M-2547.12%
2008-12-31$-£3.63 M-61.74%
2007-12-31$-£9.48 M

Net assets for similar companies or competitors

Company Net assets differencediff. Country
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JNPR
£3.43 B 1,462.11%🇺🇸 USA
F5 Networks
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£2.29 B 944.67%🇺🇸 USA
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HP
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-£0.7 B-417.83%🇺🇸 USA
NETGEAR
NTGR
£0.38 B 77.43%🇺🇸 USA
Cisco
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Palo Alto Networks
PANW
£3.40 B 1,450.24%🇺🇸 USA
Intel
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£91.76 B 41,688.34%🇺🇸 USA
ADTRAN
ADTN
£0.50 B 129.00%🇺🇸 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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