Fortinet Inc (FTNT) - Total Liabilities
Based on the latest financial reports, Fortinet Inc (FTNT) has total liabilities worth $9.31 Billion USD as of June 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Fortinet Inc (FTNT) long-term investment share to see how much of total assets are deployed in long-term investments.
Fortinet Inc - Total Liabilities Trend (2007–2025)
This chart illustrates how Fortinet Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Fortinet Inc asset portfolio.
Fortinet Inc Competitors by Total Liabilities
The table below lists competitors of Fortinet Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
FAST RETAIL.CO.SP.HDR 1
F:FR7H
|
Germany | €1.59 Trillion |
|
BP PLC ADR
NYSE:BP
|
USA | $224.78 Billion |
|
HITACHI LTD ADR/10
F:HIAA
|
Germany | €7.60 Trillion |
|
Safran SA
PA:SAF
|
France | €46.35 Billion |
|
Banco Bilbao Vizcaya Argentaria SA
MC:BBVA
|
Spain | €751.25 Billion |
|
Parker-Hannifin Corporation
NYSE:PH
|
USA | $14.49 Billion |
|
Snowflake Inc.
NYSE:SNOW
|
USA | $6.61 Billion |
|
Bank of Nova Scotia
TO:BNS
|
Canada | CA$1.46 Trillion |
Liability Composition Analysis (2007–2025)
This chart breaks down Fortinet Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See FTNT net asset quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.28 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 6.00 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.86 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Fortinet Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Fortinet Inc (2007–2025)
The table below shows the annual total liabilities of Fortinet Inc from 2007 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $9.15 Billion | +10.67% |
| 2024-12-31 | $8.27 Billion | +7.08% |
| 2023-12-31 | $7.72 Billion | +18.63% |
| 2022-12-31 | $6.51 Billion | +27.12% |
| 2021-12-31 | $5.12 Billion | +60.60% |
| 2020-12-31 | $3.19 Billion | +25.69% |
| 2019-12-31 | $2.54 Billion | +22.68% |
| 2018-12-31 | $2.07 Billion | +23.93% |
| 2017-12-31 | $1.67 Billion | +28.12% |
| 2016-12-31 | $1.30 Billion | +25.81% |
| 2015-12-31 | $1.04 Billion | +38.24% |
| 2014-12-31 | $748.81 Million | +28.51% |
| 2013-12-31 | $582.70 Million | +25.43% |
| 2012-12-31 | $464.56 Million | +23.42% |
| 2011-12-31 | $376.39 Million | +20.27% |
| 2010-12-31 | $312.97 Million | +27.87% |
| 2009-12-31 | $244.76 Million | +19.78% |
| 2008-12-31 | $204.33 Million | +24.51% |
| 2007-12-31 | $164.12 Million | -- |
About Fortinet Inc
Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. The company offers FortiOS, a unified operating system designed to address cybersecurity threats; FortiASIC application-specific integrated circuit (ASIC)-based security processing units; FortiCloud, a private cloud software as a service platform; FortiAI, which provides a dual-layered defense ac… Read more