Fortinet Other Stockholder Equity from 2010 to 2024

FTNT Stock  USD 96.44  3.32  3.57%   
Fortinet Other Stockholder Equity yearly trend continues to be comparatively stable with very little volatility. Other Stockholder Equity will likely drop to about 778.4 M in 2024. From the period from 2010 to 2024, Fortinet Other Stockholder Equity quarterly data regression had r-value of  0.88 and coefficient of variation of  50.43. View All Fundamentals
 
Other Stockholder Equity  
First Reported
2008-12-31
Previous Quarter
1.5 B
Current Value
1.6 B
Quarterly Volatility
438.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.
  
Check out the analysis of Fortinet Correlation against competitors.
For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Other Stockholder Equity Growth Pattern

Below is the plot of the Other Stockholder Equity of Fortinet over the last few years. It is Fortinet's Other Stockholder Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.
Other Stockholder Equity10 Years Trend
Slightly volatile
   Other Stockholder Equity   
       Timeline  

Fortinet Other Stockholder Equity Regression Statistics

Arithmetic Mean822,439,171
Geometric Mean609,109,265
Coefficient Of Variation50.43
Mean Deviation341,754,907
Median800,653,000
Standard Deviation414,738,533
Sample Variance172008.1T
Range1.4B
R-Value0.88
Mean Square Error42956T
R-Squared0.77
Significance0.000018
Slope81,277,414
Total Sum of Squares2408112.7T

Fortinet Other Stockholder Equity History

2024778.4 M
20231.4 B
20221.3 B
20211.3 B
20201.2 B
20191.2 B
20181.1 B

About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Other Stockholder Equity, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Other Stockholder Equity1.4 B778.4 M

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.