Fortinet Non Operating Income Net Other from 2010 to 2024

FTNT Stock  USD 77.92  0.92  1.17%   
Fortinet Non Operating Income Net Other yearly trend continues to be comparatively stable with very little volatility. Non Operating Income Net Other is likely to outpace its year average in 2024. From the period from 2010 to 2024, Fortinet Non Operating Income Net Other quarterly data regression had r-value of (0.59) and coefficient of variation of (472.46). View All Fundamentals
 
Non Operating Income Net Other  
First Reported
2011-06-30
Previous Quarter
500 K
Current Value
20.1 M
Quarterly Volatility
7.2 M
 
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's 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 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.
  
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 Non Operating Income Net Other Growth Pattern

Below is the plot of the Non Operating Income Net Other of Fortinet over the last few years. It is Fortinet's Non Operating Income Net Other 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.
Non Operating Income Net Other10 Years Trend
Slightly volatile
   Non Operating Income Net Other   
       Timeline  

Fortinet Non Operating Income Net Other Regression Statistics

Arithmetic Mean(6,220,933)
Geometric Mean8,183,711
Coefficient Of Variation(472.46)
Mean Deviation22,224,969
Median3,169,000
Standard Deviation29,391,485
Sample Variance863.9T
Range99.2M
R-Value(0.59)
Mean Square Error609T
R-Squared0.35
Significance0.02
Slope(3,862,350)
Total Sum of Squares12094T

Fortinet Non Operating Income Net Other History

2024-54.9 M
2023-57.8 M
2022-64.2 M
2021-14.7 M
20209.9 M
201935 M
201819.9 M

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Non Operating Income Net Other, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Non Operating Income Net Other-57.8 M-54.9 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional 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.