FTNT Debt-to-Equity Ratio Analysis
Updated 153h ago·SEC filings & market data
Key Takeaway
FTNT’s current Debt-to-Equity Ratio of 0.50x means the company uses $0.50 of debt for every $1.00 of shareholder equity, indicating a conservative capital structure with relatively low reliance on borrowing.
Sector Performance
25th percentileFTNT
0.32x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
0.50x(Jul 2026)
Deep Analysis
FTNT’s current Debt-to-Equity Ratio of 0.50x means the company uses $0.50 of debt for every $1.00 of shareholder equity, indicating a conservative capital structure with relatively low reliance on borrowing.
This ratio sits below the sector median of 0.73x, placing FTNT in the 36th percentile among its sector peers — meaning 64% of peers carry higher debt relative to equity. The year-over-year change is N/A, the quarter-over-quarter change is N/A, and the trend direction over the last eight quarters is N/A, so no historical movement can be assessed. The combination of a low debt level with no available trend data suggests the current conservative position offers lower financial risk, but the lack of directional change makes it difficult to infer forward momentum. This metric supports the overall CAUTIOUS verdict directly, as a low debt ratio aligns with a prudent risk profile consistent with a cautious stance.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about FTNT?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are FTNT's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master FTNT's Valuation
Get the complete institutional research report covering all fundamental and technical metrics.
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0.32x
Sector Median
0.74x
Sector Avg
2.51x
How FTNT's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.