Companies: 10,176     total market cap: A$173.344 T
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Fortinet
FTNT
#267
Rank
A$110.17 B
Marketcap
🇺🇸 United States
Country
$143.74
Share price
1.28%
Change (1 day)
81.76%
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 : A$0.44 Billion

According to Fortinet's latest financial reports the company has A$0.44 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$-A$0.69 Billion64.37%
2022-12-31$-A$0.42 Billion-137.58%
2021-12-31$A$1.10 B-1.07%
2020-12-31$A$1.11 B-41.94%
2019-12-31$A$1.91 B33.71%
2018-12-31$A$1.43 B89.94%
2017-12-31$A$0.75 B-35.04%
2016-12-31$A$1.16 B12.08%
2015-12-31$A$1.03 B25.54%
2014-12-31$A$0.82 B25.78%
2013-12-31$A$0.65 B33.57%
2012-12-31$A$0.49 B40.68%
2011-12-31$A$0.34 B52.72%
2010-12-31$A$0.22 B44.31%
2009-12-31$A$0.15 B-2239.59%
2008-12-31$-A$7.42 Million-65.76%
2007-12-31$-A$21.65 Million

Net assets for similar companies or competitors

Company Net assets differencediff. Country
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ADTRAN
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A$1.01 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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