Fortinet Inc (FTNT) — Defensive Interval Ratio

Latest as of December 2025: 201 days

Fortinet Inc (FTNT) has a Defensive Interval Ratio of 201 days as of December 2025. Defensive assets of $2.78 Billion (cash $-, short-term investments $1.09 Billion, receivables $1.69 Billion) cover 201 days of daily cash needs of $13.79 Million/day. Check Fortinet Inc (FTNT) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

201 days
Days of operational coverage

Defensive Assets

$2.78 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$13.79 Million
Current Liabilities ÷ 365

Current Liabilities

$5.03 Billion
USD

Fortinet Inc Defensive Interval Ratio (2007–2025)

This chart shows how Fortinet Inc's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 201 days, meaning defensive assets of $2.78 Billion can fund 201 days of operations without new revenue. Also explore Fortinet Inc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Fortinet Inc (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Fortinet Inc from 2007 to 2025, covering 19 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see market cap of Fortinet Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 201 days $2.78 Billion $13.79 Million/day $- $1.09 Billion ▼ -37 days
2024 239 days $2.65 Billion $11.13 Million/day $- $1.19 Billion ▼ -1 days
2023 240 days $2.44 Billion $10.19 Million/day $- $1.04 Billion ▲ +28 days
2022 212 days $1.79 Billion $8.43 Million/day $- $528.10 Million ▼ -109 days
2021 321 days $2.04 Billion $6.35 Million/day $- $1.23 Billion ▲ +23 days
2020 298 days $1.50 Billion $5.01 Million/day $- $775.50 Million ▼ -49 days
2019 348 days $1.39 Billion $3.99 Million/day $- $843.10 Million ▲ +63 days
2018 285 days $981.70 Million $3.44 Million/day $- $537.20 Million ▲ +5 days
2017 280 days $788.46 Million $2.81 Million/day $- $440.27 Million ▼ -23 days
2016 303 days $689.52 Million $2.27 Million/day $- $376.52 Million ▼ -23 days
2015 327 days $607.64 Million $1.86 Million/day $- $348.07 Million ▼ -130 days
2014 457 days $621.51 Million $1.36 Million/day $- $436.77 Million ▲ +10 days
2013 447 days $505.97 Million $1.13 Million/day $- $375.50 Million ▼ -8 days
2012 455 days $398.36 Million $874.81K/day $- $290.72 Million ▼ -111 days
2011 566 days $413.81 Million $731.13K/day $- $318.28 Million ▲ +42 days
2010 524 days $313.72 Million $598.31K/day $- $241.39 Million ▲ +317 days
2009 207 days $102.41 Million $494.70K/day $- $47.86 Million ▼ -69 days
2008 276 days $113.66 Million $411.69K/day $- $67.62 Million ▲ +137 days
2007 139 days $46.23 Million $333.52K/day $- $18.75 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)