Fortinet (FRA:FO8) Total Liabilities : €7,176 Mil (As of Mar. 2024)

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What is Fortinet Total Liabilities?

Fortinet's Total Liabilities for the quarter that ended in Mar. 2024 was €7,176 Mil.

Fortinet's quarterly Total Liabilities increased from Sep. 2023 (€6,938.67 Mil) to Dec. 2023 (€7,081.35 Mil) and increased from Dec. 2023 (€7,081.35 Mil) to Mar. 2024 (€7,175.63 Mil).

Fortinet's annual Total Liabilities increased from Dec. 2021 (€4,531.82 Mil) to Dec. 2022 (€6,145.06 Mil) and increased from Dec. 2022 (€6,145.06 Mil) to Dec. 2023 (€7,081.35 Mil).

Fortinet Total Liabilities Historical Data

The historical data trend for Fortinet's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortinet Total Liabilities Chart

Fortinet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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2,283.12

2,620.95

4,531.82

6,145.06

7,081.35

Fortinet Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															6,370.72	6,613.20	6,938.67	7,081.35	7,175.63

Fortinet Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Fortinet's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	3410.323	+	(909.939	+	114.35
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	2646.737	+	0)
	=	7,081

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	6656.411	-	-424.938
	=	7,081

Fortinet's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	3496.368	+	(913.376	+	118.22
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	2647.668	+	0)
	=	7,176

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	7049.132	-	-126.5
	=	7,176

Fortinet Total Liabilities Related Terms

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Fortinet (FRA:FO8) Business Description

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Address

899 Kifer Road, Sunnyvale, CA, USA, 94086

Website

https://www.fortinet.com

Fortinet is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, zero-trust access, and security operations. The firm derives a majority of its revenue through sales of its subscriptions and support-based business. The California-based firm has more than 700,000 customers across the world.

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