Fortinet Inc (FTNT) — Cash Flow-to-Debt Ratio
Fortinet Inc (FTNT) has a Cash Flow-to-Debt Ratio of 0.11x as of June 2026, meaning its operating cash flow of $1.04 Billion could theoretically repay 0% of its total liabilities ($9.31 Billion) in one year. See Fortinet Inc financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Fortinet Inc Cash Flow-to-Debt Ratio (2007–2025)
Historical debt coverage capacity for Fortinet Inc across 19 annual periods. For the full cash flow conversion analysis, see Fortinet Inc cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Fortinet Inc (2007–2025)
Year-by-year debt coverage analysis for Fortinet Inc. Check FTNT operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | $2.59 Billion | $9.15 Billion | ▲ +3.7% |
| 2024 | 0.27x | $2.26 Billion | $8.27 Billion | ▲ +9.0% |
| 2023 | 0.25x | $1.94 Billion | $7.72 Billion | ▼ -5.7% |
| 2022 | 0.27x | $1.73 Billion | $6.51 Billion | ▼ -9.2% |
| 2021 | 0.29x | $1.50 Billion | $5.12 Billion | ▼ -13.8% |
| 2020 | 0.34x | $1.08 Billion | $3.19 Billion | ▲ +6.7% |
| 2019 | 0.32x | $808.00 Million | $2.54 Billion | ▲ +3.1% |
| 2018 | 0.31x | $638.90 Million | $2.07 Billion | ▼ -13.3% |
| 2017 | 0.36x | $594.40 Million | $1.67 Billion | ▲ +34.2% |
| 2016 | 0.27x | $345.70 Million | $1.30 Billion | ▼ -2.7% |
| 2015 | 0.27x | $282.55 Million | $1.04 Billion | ▲ +4.0% |
| 2014 | 0.26x | $196.58 Million | $748.81 Million | ▲ +3.8% |
| 2013 | 0.25x | $147.38 Million | $582.70 Million | ▼ -36.1% |
| 2012 | 0.40x | $183.87 Million | $464.56 Million | ▲ +12.1% |
| 2011 | 0.35x | $132.84 Million | $376.39 Million | ▲ +6.8% |
| 2010 | 0.33x | $103.38 Million | $312.97 Million | ▲ +30.5% |
| 2009 | 0.25x | $61.97 Million | $244.76 Million | ▲ +37.3% |
| 2008 | 0.18x | $37.69 Million | $204.33 Million | ▲ +9.4% |
| 2007 | 0.17x | $27.67 Million | $164.12 Million | — |