Fortinet Cash Flow - Annual (NASDAQ:FTNT)

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$64.32 $1.85 (2.8%) FTNT stock closing price Jun 19, 2018 (Closing)

The financial analysis of FTNT requires an investor to check the cash flows for Fortinet. While its important to look at the Fortinet debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Fortinet revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Fortinet cash flow analysis is possible because this statement breaks down how balance sheet accounts and income statement items affect cash and cash equivalents. Fortinet had cash and cash equivalents of $709M at the beginning of the year and $811M at year end for 2017. Fortinet has a positive cash and cash equivalents change of $102M.

View details of Fortinet cash flows for latest & last 10 financial years
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Net Income Cash Flow
31.39M32.18M7.98M25.34M44.27M66.83M62.49M41.24M60.17M7.36M
Depreciation Depletion Amortization Cash-Flow58.01M53.3M39.04M30.73M27.25M24.52M19.5M13.04M6.77M4.27M
Net Increase (Decrease) in Assets Liabilities328.2M162.97M166.88M68.3M52.7M82.25M59.51M49.82M26.53M20.74M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net176.78M97.24M68.62M72.2M23.14M10.24M-8.66M-0.73M-31.51M5.29M
Net Cash from (used by) Operating Activities
594.4M345.7M282.54M196.58M147.38M183.86M132.84M103.38M61.97M37.68M
Increase (Decrease) in Prop Plant And Equipment-135.31M-67.18M-37.35M-32.19M-13.87M-22.08M-3.62M-3.77M-4.58M-2.79M
Acquisition Disposition of Subsidiaires--22.08M-38.02M-0.01M-7.63M-1.24M-2.62M--0.54M-2M
Increase (Decrease) in Investments58.5M15.14M74.41M2.86M-125.22M-159.37M-160.57M-279.99M18.89M-48.84M
Other Cash Inflow (Outflow) from Investment Activities----------0.06M
Net Cash from (used by) Investment Activities
-76.8M-74.12M-0.96M-29.35M-146.73M-182.71M-166.82M-283.71M13.75M-53.7M
Issuance (Purchase) of Equity Shares-370.46M-65.96M7.31M11.34M-7.94M38.08M19.96M29.11M76.47M2.11M
Issuance (Repayment) of Debt Securities----------
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions----------
Other Cash from (used by) Financing Activities-45.13M-39.89M-28.87M-10.59M1.52M12.06M19.82M4.9M1.57M-
Net Cash from (used by) Financing Activities
-415.6M-105.85M-21.55M--6.42M50.15M39.79M34.01M78.04M2.11M
Effect of Exchange Rate Changes on Cash----0.6M-1.32M-0.32M-0.68M-2.11M-0.93M
Net Change in Cash & Cash Equivalents
102M165.72M260.02M167.38M-7.1M50.98M5.13M-145.59M155.88M-14.84M
Cash & Equivalents at Beginning of Year709M543.27M283.25M115.87M122.97M71.99M66.85M212.45M56.57M71.41M
Cash & Equivalents at Year End811M709M543.27M283.25M115.87M122.97M71.99M66.85M212.45M56.57M
All figures in USD. M: Millions of USD, B: Billions of USD.
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Fortinet stock comparison chart provides an easy way to compare the stock price with peers along with details of Fortinet stock price history.
The statement of cash flows can be categorized into three main sections:

  • Fortinet saw a negative change in Net Change in Cash and Cash Equivalents of $102M in 2017. Apart from the Fortinet stock price, this is one of the things an investor looks for, as it shows the net change in cash on hand for a company, compared to previous period.
  • Cash Flow from operating activities: Operating activities include the core business activities. This line item refers to the cash generated from the same and stood at a positive value of $594.4M for FTNT.
  • Cash Flow from investment activities: Fortinet used $-76.8M cash due to investment activities. It includes the use of cash outside of normal day to day activities like buying fixed assets, plant and machinery etc.
  • Cash flow from financing activities shows the flow of cash between Fortinet and its owners and creditors and was $-415.6M for 2017. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Fortinet Cash Flow

FCF margin
0.32