Fortinet Investments Non Current Trend from 2010 to 2022

FTNT
 Stock
  

USD 52.94  1.14  2.11%   

Fortinet Investments Non Current yearly trend continues to be comparatively stable with very little volatility. Investments Non Current are likely to outpace its year average in 2022. From the period from 2010 to 2022, Fortinet Investments Non Current quarterly data regression had r-squared of 0.05 and coefficient of variation of  55.52. Fortinet Weighted Average Shares is comparatively stable at the moment as compared to the past year. Fortinet reported Weighted Average Shares of 816 Million in 2021. Weighted Average Shares Diluted is likely to gain to about 935 M in 2022, whereas Research and Development Expense is likely to drop slightly above 339.5 M in 2022.
  
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet main balance sheet or income statement drivers, such as Direct Expenses of 844.8 M, Consolidated Income of 654.6 M or Cost of Revenue of 622.2 M, as well as many exotic indicators such as Interest Coverage of 55.56, Long Term Debt to Equity of 1.13 or Calculated Tax Rate of 2.3. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules. It can also supplement Fortinet's financial leverage analysis and stock options assessment as well as various Fortinet Technical models . Please check the analysis of Fortinet Correlation against competitors.

Fortinet Quarterly Investments Non Current

188.5 Million

Fortinet Investments Non Current Breakdown

Showing smoothed Investments Non Current of Fortinet with missing and latest data points interpolated. The non-current portion of Investments; reported if the company operates a classified balance sheet that segments current and non-current assets.Fortinet's Investments Non Current historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Investments Non Current10 Years Trend
Increasing
Stable
   Investments Non Current   
Share
       Timeline  

Fortinet Investments Non Current Regression Statistics

Arithmetic Mean 237,543,154
Geometric Mean 202,932,664
Coefficient Of Variation 55.52
Mean Deviation 109,752,473
Median 224,983,000
Standard Deviation 131,894,801
Range 408,600,000
R-Value 0.23
R-Squared 0.05
Significance 0.46
Slope 7,627,176

Fortinet Investments Non Current History

2012325.9 M
2013351.7 M
2014271.7 M
2015273 M
2016225 M
201798 M
201867 M
2019144.3 M
2020118.3 M
2021440.8 M
2022475.6 M

About Fortinet Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Fortinet income statement, its balance sheet, and the statement of cash flows. Fortinet investors use historical funamental indicators, such as Fortinet's Investments Non Current, to determine how well the company is positioned to perform in the future. Although Fortinet investors may use each financial statement separately, they are all related. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fortinet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Fortinet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fortinet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Investments Non Current440.8 M475.6 M
Fortinet, Inc. provides broad, integrated, and automated cybersecurity solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. Fortinet, Inc. was incorporated in 2000 and is headquartered in Sunnyvale, California. Fortinet operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 10860 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Fortinet without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Stock Screener Now

   

Stock Screener

Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Fortinet using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check the analysis of Fortinet Correlation against competitors. Note that the Fortinet information on this page should be used as a complementary analysis to other Fortinet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for Fortinet Stock analysis

When running Fortinet price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Is Fortinet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortinet. If investors know Fortinet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortinet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.31
Market Capitalization
42.8 B
Quarterly Revenue Growth YOY
0.29
Return On Assets
0.0833
Return On Equity
2.01
The market value of Fortinet is measured differently than its book value, which is the value of Fortinet that is recorded on the company's balance sheet. Investors also form their own opinion of Fortinet's value that differs from its market value or its book value, called intrinsic value, which is Fortinet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortinet's market value can be influenced by many factors that don't directly affect Fortinet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortinet's value and its price as these two are different measures arrived at by different means. Investors typically determine Fortinet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortinet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.