Fortinet, Inc.【FTNT】Balance sheet

Market cap

$62.3B

P/E ratio

	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Cash and cash equivalents	123	116	283	543	709	811	1,112	1,223	1,062	1,319	1,683	1,398	2,876
Marketable securities, current	291	375	437	348	377	440	537	843	776	-	-	-	-
Total cash & short-term investments	414	491	720	891	1,086	1,251	1,650	2,066	1,837	1,319	1,683	1,398	2,876
Accounts receivable, net	108	130	185	260	313	348	445	544	720	808	1,262	1,402	1,463
Inventories	21	49	69	84	107	77	90	118	140	176	265	485	316
Total current assets	569	736	1,047	1,271	1,539	1,717	2,221	2,769	2,740	3,601	3,810	4,428	5,972
Property, plant and equipment, net	26	37	59	91	137	245	271	344	448	688	899	1,044	1,350
Marketable securities, non-current	326	352	272	273	225	98	67	144	118	441	46	-	-
Total non-current assets	406	433	378	520	601	541	857	1,117	1,304	2,319	2,418	2,831	3,792
Total assets	975	1,168	1,425	1,791	2,140	2,258	3,078	3,886	4,045	5,919	6,228	7,259	9,763
Accounts payable	21	36	50	62	57	70	86	96	142	148	243	204	191
Total current liabilities	319	413	496	679	829	1,027	1,256	1,474	1,830	2,318	3,078	3,719	4,061
Long-term debt, non-current	-	-	-	-	-	-	-	-	-	988	990	992	994
Total non-current liabilities	145	170	252	356	473	641	811	1,090	1,359	2,803	3,431	4,003	4,209
Total liabilities	465	583	749	1,035	1,302	1,669	2,068	2,564	3,189	5,121	6,510	7,722	8,269
Common stock and paid-in capital	0	0	0	0	0	0	0	0	0	1	1	1	1
Retained earnings	111	122	114	68	38	-320	-57	140	-352	-468	-1,546	-1,862	-117
Stockholders' equity	511	586	676	755	838	589	1,010	1,322	856	798	-282	-463	1,494
Total debt	-	-	-	-	-	-	-	-	-	988	990	992	994
Net debt	-	-	-	-	-	-	-	-	-	-331	-692	-406	-1,882
D/E ratio (%)	-	-	-	-	-	-	-	-	-	123.8	-351.7	-214.1	66.6
Working capital