Fortinet Inc (FTNT) — Defensive Interval Ratio
Fortinet Inc (FTNT) has a Defensive Interval Ratio of 195 days as of June 2026. Defensive assets of $2.59 Billion (cash $-, short-term investments $1.13 Billion, receivables $1.46 Billion) cover 195 days of daily cash needs of $13.26 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 June 2026, the ratio stands at 195 days, meaning defensive assets of $2.59 Billion can fund 195 days of operations without new revenue. For the complete balance sheet picture, see FTNT asset base.
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. See working capital to net assets of Fortinet Inc to evaluate short-term liquidity relative to the company's equity base.
| 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 | — |