Fortinet Inc (FTNT) - Total Assets
Based on the latest financial reports, Fortinet Inc (FTNT) holds total assets worth $10.39 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Fortinet Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Fortinet Inc - Total Assets Trend (2007–2025)
This chart illustrates how Fortinet Inc's total assets have evolved over time, based on quarterly financial data. See Fortinet Inc (FTNT) net assets for net asset value and shareholders' equity analysis.
Fortinet Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Fortinet Inc's total assets of $10.39 Billion consist of 56.8% current assets and 43.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 24.0% |
| Accounts Receivable | $1.69 Billion | 16.3% |
| Inventory | $399.50 Million | 3.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $354.70 Million | 3.4% |
| Goodwill | $354.70 Million | 3.4% |
Asset Composition Trend (2007–2025)
This chart illustrates how Fortinet Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Fortinet Inc (FTNT) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Fortinet Inc's current assets represent 56.8% of total assets in 2025, a decrease from 92.7% in 2007.
- Cash Position: Cash and equivalents constituted 24.0% of total assets in 2025, down from 49.2% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is accounts receivable at 16.3% of total assets.
Fortinet Inc Competitors by Total Assets
Key competitors of Fortinet Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NortonLifeLock Inc
F:SYM
|
Germany | €15.83 Billion |
|
360 Security Technology Inc
SHG:601360
|
China | CN¥37.53 Billion |
|
Klarna Group plc
NYSE:KLAR
|
USA | $20.78 Billion |
|
Topicus.com Inc
V:TOI
|
Canada | CA$2.33 Billion |
|
Qi An Xin Technology Group Inc
SHG:688561
|
China | CN¥14.72 Billion |
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
DBAPPSecurity Co Ltd
SHG:688023
|
China | CN¥4.10 Billion |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
China | CN¥1.75 Billion |
Fortinet Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.17 | 1.47 | 2.01 |
| Quick Ratio | 1.09 | 1.39 | 1.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $866.20 Million | $1.91 Billion | $1.90 Billion |
Fortinet Inc - Advanced Valuation Insights
This section examines the relationship between Fortinet Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 51.42 |
| Latest Market Cap to Assets Ratio | 5.95 |
| Asset Growth Rate (YoY) | 6.4% |
| Total Assets | $10.39 Billion |
| Market Capitalization | $61.83 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Fortinet Inc's assets at a significant premium (5.95x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Fortinet Inc's assets grew by 6.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fortinet Inc (2007–2025)
The table below shows the annual total assets of Fortinet Inc from 2007 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $10.39 Billion | +6.41% |
| 2024-12-31 | $9.76 Billion | +34.50% |
| 2023-12-31 | $7.26 Billion | +16.55% |
| 2022-12-31 | $6.23 Billion | +5.22% |
| 2021-12-31 | $5.92 Billion | +46.35% |
| 2020-12-31 | $4.04 Billion | +4.26% |
| 2019-12-31 | $3.88 Billion | +26.03% |
| 2018-12-31 | $3.08 Billion | +36.32% |
| 2017-12-31 | $2.26 Billion | +5.51% |
| 2016-12-31 | $2.14 Billion | +19.52% |
| 2015-12-31 | $1.79 Billion | +25.67% |
| 2014-12-31 | $1.42 Billion | +21.94% |
| 2013-12-31 | $1.17 Billion | +19.78% |
| 2012-12-31 | $975.50 Million | +32.77% |
| 2011-12-31 | $734.75 Million | +34.71% |
| 2010-12-31 | $545.42 Million | +40.86% |
| 2009-12-31 | $387.21 Million | +94.48% |
| 2008-12-31 | $199.10 Million | +37.13% |
| 2007-12-31 | $145.19 Million | -- |
About Fortinet Inc
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers secure networking solutions that focus on the convergence of networking and security; network firewall solutions, which consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless local area network solutions; and secure… Read more