Fortinet Cash And Short Term Investments from 2010 to 2024

FTNT Stock  USD 59.43  0.62  1.05%   
Fortinet Cash And Short Term Investments yearly trend continues to be comparatively stable with very little volatility. Cash And Short Term Investments are likely to outpace its year average in 2024. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2008-12-31
Previous Quarter
2.4 B
Current Value
B
Quarterly Volatility
920.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many exotic indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
This module can also supplement Fortinet's financial leverage analysis and stock options assessment as well as various Fortinet Technical models . Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Fortinet over the last few years. Short Term Investments is an account in the current assets section of Fortinet balance sheet. This account contains Fortinet investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Fortinet fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Fortinet's Cash And Short Term Investments 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.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Fortinet Cash And Short Term Investments Regression Statistics

Arithmetic Mean1,376,779,400
Geometric Mean1,021,565,981
Coefficient Of Variation62.85
Mean Deviation757,408,560
Median1,251,277,000
Standard Deviation865,282,681
Sample Variance748714.1T
Range2.5B
R-Value0.98
Mean Square Error31723.3T
R-Squared0.96
Slope189,638,707
Total Sum of Squares10481997.7T

Fortinet Cash And Short Term Investments History

20242.6 B
20232.4 B
20222.2 B
20212.6 B
20201.8 B
20192.1 B
20181.6 B

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 Cash And Short Term Investments, 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 Next Year
Cash And Short Term Investments2.4 B2.6 B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Fortinet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Fortinet Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Fortinet Stock. Highlighted below are key reports to facilitate an investment decision about Fortinet Stock:
Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Fortinet Stock analysis

When running Fortinet's 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 the 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.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Commodity Directory
Find actively traded commodities issued by global exchanges
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Money Managers
Screen money managers from public funds and ETFs managed around the world
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
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
0.258
Earnings Share
1.54
Revenue Per Share
6.977
Quarterly Revenue Growth
0.072
Return On Assets
0.1108
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 if Fortinet is a good investment 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.