Fortinet Inc (FTNT) - Total Liabilities
Based on the latest financial reports, Fortinet Inc (FTNT) has total liabilities worth $9.15 Billion USD as of December 2025. 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.
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. See Fortinet Inc (FTNT) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Fortinet Inc Competitors by Total Liabilities
The table below lists competitors of Fortinet Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
TE Connectivity Ltd
NYSE:TEL
|
USA | $12.35 Billion |
|
Air Products and Chemicals Inc
NYSE:APD
|
USA | $23.40 Billion |
|
NetEase Inc
F:NEH
|
Germany | €53.56 Billion |
|
Hewlett Packard Enterprise Co
NYSE:HPE
|
USA | $54.22 Billion |
|
Ciena Corp
NYSE:CIEN
|
USA | $3.10 Billion |
|
Rocket Lab USA Inc.
NASDAQ:RKLB
|
USA | $555.57 Million |
|
Vale S.A
F:CVLB
|
Germany | €50.04 Billion |
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. For the full company profile including market capitalisation, see how much is Fortinet Inc worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.17 | 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 | 7.40 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.88 | 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 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