companies: 9,734     total market cap: HK$866.231 T
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Fortinet
FTNT
#331
Rank
HK$457.80 B
Marketcap
🇺🇸 USA
Country
HK$598.50
Share price
1.48%
Change (1 day)
27.22%
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 : HK$2.24 B

According to Fortinet's latest financial reports the company has HK$2.24 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$-HK$3.62 B64.49%
2022-12-31$-HK$2.21 B-135.34%
2021-12-31$HK$6.22 B-6.2%
2020-12-31$HK$6.63 B-36.52%
2019-12-31$HK$10.45 B32.18%
2018-12-31$HK$7.91 B71.78%
2017-12-31$HK$4.60 B-29.11%
2016-12-31$HK$6.49 B10.95%
2015-12-31$HK$5.85 B11.63%
2014-12-31$HK$5.24 B15.46%
2013-12-31$HK$4.54 B14.7%
2012-12-31$HK$3.96 B42.29%
2011-12-31$HK$2.78 B53.88%
2010-12-31$HK$1.80 B63.72%
2009-12-31$HK$1.10 B-2825.99%
2008-12-31$-HK$40.53 M-72.56%
2007-12-31$-HK$0.15 B

Net assets for similar companies or competitors

Company Net assets differencediff. Country
Juniper Networks
JNPR
HK$35.09 B 1,462.11%🇺🇸 USA
F5 Networks
FFIV
HK$23.46 B 944.67%🇺🇸 USA
Check Point Software
CHKP
HK$22.04 B 881.44%🇮🇱 Israel
HP
HPQ
-HK$10.86 B-583.00%🇺🇸 USA
NETGEAR
NTGR
HK$3.98 B 77.43%🇺🇸 USA
Cisco
CSCO
HK$354.34 B 15,672.73%🇺🇸 USA
Palo Alto Networks
PANW
HK$40.29 B 1,693.79%🇺🇸 USA
Intel
INTC
HK$938.79 B 41,688.34%🇺🇸 USA
ADTRAN
ADTN
HK$5.14 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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