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Fortinet, Inc. (FTNT)
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Fortinet, Inc. (FTNT) Debt to Assets Ratio: 0.10%

The debt to assets ratio for Fortinet, Inc. (FTNT) is 0.10% as of Tuesday, June 9, 2026.

FTNT Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.10%

FTNT Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIO
Fortinet, Inc. (FTNT)0.10%
Adobe Inc. (ADBE)$96.15B0.23%
Accenture plc (ACN)$106.76B0.13%
Cadence Design Systems, Inc. (CDNS)$107.82B0.24%
ServiceNow, Inc. (NOW)$110.32B0.12%
Synopsys, Inc. (SNPS)$89.09B0.30%
Cloudflare, Inc. (NET)$83.45B0.61%
Snowflake Inc. (SNOW)$83.07B0.30%
Datadog, Inc. (DDOG)$80.92B0.23%
Intuit Inc. (INTU)$80.36B0.18%

Leverage Ratios Comparison

Debt/Assets

0.1%

Debt/Equity

0.81

Current Ratio

1.17

Interest Coverage

103.6x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Fortinet, Inc. Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Fortinet, Inc. Debt to Assets Ratio FAQ

What is the debt to assets ratio for Fortinet, Inc. (FTNT)?
The debt to assets ratio for FTNT stock is 0.10%.

About Fortinet, Inc.

Fortinet, Inc. specializes in delivering extensive, unified, and automated cybersecurity solutions to a global clientele, encompassing the Americas, Europe, the Middle East, Africa, and the Asia Pacific regions. At its core, the company offers FortiGate, a powerful platform combining hardware and software licenses that provides a comprehensive suite of security and networking functionalities. This includes firewall capabilities, intrusion prevention, anti-malware defense, virtual private network (VPN) services, application control, web filtering, anti-spam measures, and wide area network (WAN) acceleration. Beyond its flagship product, Fortinet provides a diverse portfolio of specialized security tools. These range from FortiSwitch for secure network switching and FortiAP for robust wireless connectivity, to FortiExtender, a versatile hardware appliance. For centralized network visibility and control, clients utilize FortiAnalyzer for logging, analysis, and reporting, and FortiManager for scalable administration of FortiGate devices. The company further fortifies digital defenses with FortiWeb (web application firewalls), FortiMail (secure email gateways), and FortiSandbox technology, which offers proactive threat detection and mitigation. Endpoint protection is a key focus, delivered through FortiClient (featuring pattern-based anti-malware, behavior-based exploit protection, web-filtering, and an application firewall) and the advanced FortiEDR/XDR suite, which leverages machine learning for anti-malware execution and real-time post-infection defense. Additionally, FortiToken and FortiAuthenticator product families provide essential multi-factor authentication to safeguard systems and data. Fortinet's service offerings include security subscriptions, technical support, professional consulting, and training programs. Its robust security technologies are distributed both directly to end-users and through an extensive network of channel partners. The company serves a wide array of sectors, including telecommunications, technology, government, financial services, education, retail, manufacturing, and healthcare. Headquartered in Sunnyvale, California, Fortinet, Inc. was established in 2000 and maintains a strategic alliance with Linksys.

Sunnyvale, CA
14,556 employees
Technology / Software - Infrastructure
Sector
Technology
Industry
Software - Infrastructure
CEO
Ken Xie