Companies: 10,176     total market cap: NZ$194.630 T
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Fortinet
FTNT
#275
Rank
NZ$121.80 B
Marketcap
🇺🇸 United States
Country
$158.92
Share price
-1.33%
Change (1 day)
79.92%
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 : NZ$0.49 Billion

According to Fortinet's latest financial reports the company has NZ$0.49 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$-NZ$0.74 Billion65.21%
2022-12-31$-NZ$0.45 Billion-137.94%
2021-12-31$NZ$1.16 B-1.47%
2020-12-31$NZ$1.18 B-40.48%
2019-12-31$NZ$1.99 B32.35%
2018-12-31$NZ$1.50 B81.47%
2017-12-31$NZ$0.82 B-31.37%
2016-12-31$NZ$1.20 B9.57%
2015-12-31$NZ$1.10 B27.93%
2014-12-31$NZ$0.86 B21.03%
2013-12-31$NZ$0.71 B14.77%
2012-12-31$NZ$0.62 B35.27%
2011-12-31$NZ$0.45 B52.39%
2010-12-31$NZ$0.30 B53.63%
2009-12-31$NZ$0.19 B-2276.63%
2008-12-31$-NZ$9.02 Million-63.53%
2007-12-31$-NZ$24.71 Million

Net assets for similar companies or competitors

Company Net assets differencediff. Country
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NETGEAR
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Cisco
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Palo Alto Networks
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NZ$8.85 B 1,693.79%🇺🇸 USA
Intel
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NZ$179.64 B 36,285.84%🇺🇸 USA
ADTRAN
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NZ$1.13 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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