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Fortinet, Inc. (FTNT) Interest Coverage Ratio: 103.58x

The interest coverage ratio for Fortinet, Inc. (FTNT) is 103.58x as of Tuesday, June 9, 2026.

FTNT Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

103.58x

FTNT Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Fortinet, Inc. (FTNT)103.58xN/AN/AN/A
Adobe Inc. (ADBE)$96.15B33.10x37.10x46.88x47.77x
Accenture plc (ACN)$106.76B44.74x103.73x147.70x152.64x
Cadence Design Systems, Inc. (CDNS)$107.82B14.16x15.96x28.33x31.72x
ServiceNow, Inc. (NOW)$110.32BN/A45.52x28.34x20.11x
Synopsys, Inc. (SNPS)$89.09B2.05x19.43x296.60x254.24x
Cloudflare, Inc. (NET)$83.45B-23.64xN/AN/AN/A
Snowflake Inc. (SNOW)$83.07B-172.95xN/AN/AN/A
Datadog, Inc. (DDOG)$80.92B-4.01x7.68x7.68x7.68x
Intuit Inc. (INTU)$80.36B19.93x17.46x19.84x53.50x

Financial Health Indicators

Interest Coverage

103.6x

Debt/Equity

0.81

Current Ratio

1.17

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Fortinet, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Fortinet, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for Fortinet, Inc. (FTNT)?
The interest coverage ratio for FTNT stock is 103.58x.

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