Fortinet (FTNT) - Total debt

Total debt on the balance sheet as of December 2024 : NZ$1.66 Billion

According to Fortinet's latest financial reports the company's total debt is NZ$1.66 Billion. A company’s total debt is the sum of all current and non-current debts.

Fortinet - Total debt on balance sheet (from 2021 to 2024)

Total debt by year

Year	Total debt	Change
2024-12-31	NZ$1.76 B	12.36%
2023-12-31	NZ$1.56 B	0.59%
2022-12-31	NZ$1.55 B	7.8%
2021-12-31	NZ$1.44 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Juniper Networks JNPR	NZ$2.93 B	76.06%	🇺🇸 USA
F5 FFIV	NZ$0.46 B	-72.41%	🇺🇸 USA
Check Point Software CHKP	NZ$0.33 M	-99.98%	🇮🇱 Israel
HP HPQ	NZ$18.29 B	996.55%	🇺🇸 USA
NETGEAR NTGR	NZ$51.38 M	-96.92%	🇺🇸 USA
Cisco CSCO	NZ$52.06 B	3,021.49%	🇺🇸 USA
Palo Alto Networks PANW	NZ$1.50 B	-9.81%	🇺🇸 USA
Intel INTC	NZ$83.89 B	4,929.77%	🇺🇸 USA
FireEye FEYE	N/A	N/A	🇺🇸 USA
ADTRAN ADTN	NZ$0.36 B	-78.33%	🇺🇸 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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