Companies: 10,303     total market cap: HK$897.526 T
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Fortinet
FTNT
#254
Rank
HK$584.86 B
Marketcap
🇺🇸 United States
Country
HK$763.09
Share price
0.21%
Change (1 day)
74.19%
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 September 2024 : HK$7.05 Billion

According to Fortinet's latest financial reports the company has HK$7.05 Billion 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$-HK$3.62 Billion64.49%
2022-12-31$-HK$2.21 Billion-135.34%
2021-12-31$HK$6.22 B-6.18%
2020-12-31$HK$6.63 B-36.53%
2019-12-31$HK$10.45 B32.16%
2018-12-31$HK$7.91 B71.79%
2017-12-31$HK$4.60 B-29.11%
2016-12-31$HK$6.49 B10.95%
2015-12-31$HK$5.85 B11.66%
2014-12-31$HK$5.24 B15.43%
2013-12-31$HK$4.54 B14.69%
2012-12-31$HK$3.96 B42.29%
2011-12-31$HK$2.78 B53.86%
2010-12-31$HK$1.80 B63.78%
2009-12-31$HK$1.10 B-2833.51%
2008-12-31$-HK$40.41 Million-72.62%
2007-12-31$-HK$0.15 Billion

Net assets for similar companies or competitors

Company Net assets differencediff. Country
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HK$36.09 B 411.25%🇺🇸 USA
F5 Networks
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HK$24.32 B 244.61%🇺🇸 USA
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HK$21.98 B 211.49%🇮🇱 Israel
HP
HPQ
-HK$10.83 Billion-253.29%🇺🇸 USA
NETGEAR
NTGR
HK$4.27 B-39.40%🇺🇸 USA
Cisco
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HK$351.97 B 4,885.90%🇺🇸 USA
Palo Alto Networks
PANW
HK$45.95 B 551.01%🇺🇸 USA
Intel
INTC
HK$815.20 B 11,447.63%🇺🇸 USA
ADTRAN
ADTN
HK$4.94 B-29.99%🇺🇸 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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