Fortinet, Inc. (FTNT) quarterly balance sheet — complete assets, liabilities & equity history
| Total Current Assets | 5.33B | 5.9B | 4.91B | 6.35B | 6.44B | 5.97B | 5.22B | 4.92B | 4.56B | 4.43B | 4.75B | 4.88B |
| Cash & Short-Term Investments | 3.29B | 3.58B | 3.12B | 4.56B | 4.78B | 4.07B | 3.7B | 3.34B | 3.02B | 2.44B | 3.17B | 3.31B |
| Cash Only | 2.22B | 2.5B | 2B | 3.37B | 3.6B | 2.88B | 2.49B | 2.2B | 1.93B | 1.4B | 2.19B | 2.38B |
| Short-Term Investments | 1.07B | 1.09B | 1.13B | 1.19B | 1.18B | 1.19B | 1.21B | 1.14B | 1.1B | 1.04B | 982M | 937.2M |
| Accounts Receivable | 1.49B | 1.69B | 1.17B | 1.22B | 1.17B | 1.46B | 1.04B | 1.08B | 996.2M | 1.4B | 1.01B | 1.08B |
| Days Sales Outstanding | 77.3 | 69.05 | 63.58 | 66.71 | 77.08 | 69.48 | 64.89 | 65.97 | 80.63 | 78.53 | 72.13 | 76.23 |
| Inventory | 369.6M | 399.5M | 426.6M | 405.2M | 362.7M | 315.5M | 354.3M | 383.2M | 439.5M | 484.8M | 467.5M | 376.3M |
| Days Inventory Outstanding | 94.95 | 97.64 | 120.1 | 115.81 | 104.12 | 97.97 | 128.8 | 136.12 | 138.02 | 138.67 | 122.17 | 104.44 |
| Other Current Assets | 181.9M | 227M | 195.2M | 162.5M | 125.4M | 126.1M | 121.5M | 113.4M | 100.9M | 101.1M | 102.6M | 109.5M |
| Total Non-Current Assets | 4.55B | 4.49B | 4.45B | 4.3B | 3.96B | 3.79B | 3.63B | 3.13B | 3.1B | 2.83B | 2.73B | 2.61B |
| Property, Plant & Equipment | 1.69B | 1.62B | 1.61B | 1.54B | 1.4B | 1.35B | 1.27B | 1.24B | 1.25B | 1.04B | 1.04B | 981.9M |
| Fixed Asset Turnover | 1.12x | 1.18x | 1.10x | 1.11x | 1.12x | 1.27x | 1.20x | 1.15x | 1.18x | 1.36x | 1.32x | 1.36x |
| Goodwill | 344.4M | 354.7M | 258.3M | 258.9M | 236.2M | 235.4M | 212.8M | 127.9M | 129M | 126.5M | 125.4M | 126M |
| Intangible Assets | 0 | 0 | 110.2M | 123.3M | 121.2M | 115M | 111.6M | 30.2M | 34.1M | 35.3M | 39.6M | 44.6M |
| Long-Term Investments | 339.7M | 339.7M | 289.1M | 112M | 35.2M | 0 | 0 | 0 | 0 | 0 | 1.5M | 4.2M |
| Other Non-Current Assets | 870.8M | 860.7M | 817.2M | 798.9M | 756.4M | 756.1M | 733.2M | 734.3M | 749.4M | 755.6M | 733.6M | 722.1M |
| Total Assets | 9.88B | 10.39B | 9.36B | 10.64B | 10.41B | 9.76B | 8.85B | 8.05B | 7.66B | 7.26B | 7.48B | 7.49B |
| Asset Turnover | 0.18x | 0.19x | 0.17x | 0.15x | 0.15x | 0.18x | 0.18x | 0.18x | 0.18x | 0.19x | 0.18x | 0.18x |
| Asset Growth % | -5.03% | 6.41% | 5.75% | 32.14% | 35.82% | 34.5% | 18.35% | 7.57% | 12.15% | 16.55% | 40.17% | 41.39% |
| Total Current Liabilities | 4.62B | 5.03B | 4.79B | 4.78B | 4.73B | 4.06B | 3.88B | 3.73B | 3.8B | 3.72B | 3.65B | 3.5B |
| Accounts Payable | 238.7M | 230.8M | 221.3M | 245.2M | 224.5M | 190.9M | 177.9M | 132.1M | 135.2M | 204.3M | 253.9M | 238.3M |
| Days Payables Outstanding | 57.96 | 53.43 | 67.35 | 70.84 | 63.78 | 53.94 | 54.14 | 44.23 | 50.7 | 66.72 | 71.27 | 73.33 |
| Short-Term Debt | 0 | 499.7M | 499.4M | 499M | 498.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 3.73B | 3.64B | 3.46B | 3.41B | 3.34B | 3.28B | 3.08B | 2.98B | 2.91B | 2.85B | 2.65B | 2.59B |
| Other Current Liabilities | 658.5M | 667.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.15x | 1.17x | 1.03x | 1.33x | 1.36x | 1.47x | 1.34x | 1.32x | 1.20x | 1.19x | 1.30x | 1.39x |
| Quick Ratio | 1.07x | 1.09x | 0.94x | 1.24x | 1.29x | 1.39x | 1.25x | 1.22x | 1.08x | 1.06x | 1.17x | 1.29x |
| Cash Conversion Cycle | 114.29 | 113.25 | 116.32 | 111.68 | 117.43 | 113.51 | 139.55 | 157.86 | 167.96 | 150.48 | 123.03 | 107.35 |
| Total Non-Current Liabilities | 4.27B | 4.12B | 3.84B | 3.8B | 3.72B | 4.21B | 4.06B | 4.04B | 4B | 4B | 3.76B | 3.66B |
| Long-Term Debt | 496.8M | 496.6M | 496.5M | 496.3M | 496.2M | 994.3M | 993.8M | 993.3M | 992.8M | 992.3M | 991.8M | 991.3M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 3.77B | 141.3M | 153.7M | 152.5M | 141.1M | 129.6M | 135.7M | 125.2M | 128.5M | 124.7M | 126.4M | 132.1M |
| Total Liabilities | 8.89B | 9.15B | 8.63B | 8.58B | 8.44B | 8.27B | 7.94B | 7.76B | 7.8B | 7.72B | 7.41B | 7.16B |
| Total Debt | 496.8M | 996.3M | 995.9M | 995.3M | 994.9M | 994.3M | 993.8M | 993.3M | 992.8M | 992.3M | 991.8M | 991.3M |
| Net Debt | -1.73B | -1.5B | -999.8M | -2.37B | -2.6B | -1.88B | -1.5B | -1.21B | -933.5M | -405.6M | -1.2B | -1.39B |
| Debt / Equity | 0.50x | 0.81x | 1.35x | 0.48x | 0.51x | 0.67x | 1.09x | 3.45x | - | - | 13.38x | 3.09x |
| Debt / EBITDA | 0.70x | 1.50x | 1.70x | 2.01x | 2.03x | 1.63x | 1.98x | 2.13x | 2.84x | 2.39x | 2.99x | 3.24x |
| Net Debt / EBITDA | -2.42x | -2.25x | -1.71x | -4.79x | -5.31x | -3.09x | -2.99x | -2.59x | -2.67x | -0.98x | -3.60x | -4.52x |
| Interest Coverage | 138.10x | 148.91x | 96.90x | 113.46x | 106.98x | 127.20x | 126.28x | 94.66x | 68.73x | 77.96x | 61.70x | 58.54x |
| Total Equity | 989.7M | 1.24B | 735.1M | 2.06B | 1.96B | 1.49B | 908.1M | 288.2M | -137.5M | -463.4M | 74.1M | 321.2M |
| Equity Growth % | -49.58% | -17.16% | -19.05% | 614.92% | 1527.56% | 422.36% | 1125.51% | -10.27% | -1306.14% | -64.56% | 111.9% | 184.62% |
| Book Value per Share | 1.33 | 1.65 | 0.95 | 2.66 | 2.53 | 1.93 | 1.18 | 0.37 | -0.18 | -0.60 | 0.09 | 0.40 |
| Total Shareholders' Equity | 989.7M | 1.24B | 735.1M | 2.06B | 1.96B | 1.49B | 908.1M | 288.2M | -137.5M | -463.4M | 74.1M | 321.2M |
| Common Stock | 700K | 700K | 700K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K | 800K |
| Retained Earnings | -782M | -507.9M | -958.5M | 364.4M | 316.3M | -117.1M | -643.3M | -1.18B | -1.56B | -1.86B | -1.3B | -1.03B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -27.7M | -25.4M | -21.8M | -20.7M | -22.9M | -26.1M | -18M | -29M | -24.8M | -18.9M | -24.3M | -23.1M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |