Is it safe?
Can FTNT take a bad year?
Fortinet holds $3.57B more cash than debt, so a bad year is a question about profits, not about lenders.
$3.57B
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 8.39
Altman Z-score · safe zone, above 3
- Debt / equity
- 0.32×
Debt / equity
Details›
- Total debtQ2 2026
- $497M
- Cash and short-term investments
- $4.07B
- Net cash
- $3.57B
- EBITDA, trailing twelve months
- $2.59B
- Operating profit, trailing twelve months
- $2.44B
- Debt / equity
- 0.32×
- Total debt / EBITDA
- 0.19×
- Annualised volatilitytwo years of daily moves
- 45%
- Worst drawdown on file
- −38%
- Below its 52-week high
- −6.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #10 of 78 by Smart Score