Fortinet (FTNT) Current Deferred Tax Assets (2010 - 2015)

Fortinet (FTNT) posted Current Deferred Tax Assets of $47.3 million for Q3 2015, up 14.09% on a QoQ basis from $41.5 million in Q2 2015, and down 7.78% year-over-year from $51.3 million in Q3 2014.

Analysis

Fortinet (FTNT) Current Deferred Tax Assets (2010 - 2015) Analysis & Trends

Fortinet has reported Current Deferred Tax Assets for 6 years, with the latest figure at $47.3 million in Q3 2015.

On a quarterly basis, Current Deferred Tax Assets fell 7.78% year-over-year to $47.3 million in Q3 2015; TTM through Sep 2015 was $47.3 million, a 7.78% decrease from a year earlier, with the FY2014 full-year figure at $41.5 million, down 18.63% from the prior year.
Current Deferred Tax Assets was $47.3 million for Q3 2015 at Fortinet, up from $41.5 million in the prior quarter.
The five-year high for Current Deferred Tax Assets was $51.3 million in Q3 2014, with the low at $7.0 million in Q1 2012.
Average Current Deferred Tax Assets over 5 years is $29.7 million, with a median of $41.2 million recorded in 2015.
The sharpest annual moves came in 2012 and 2013: Current Deferred Tax Assets tumbled 50.54% in 2012, then soared 273.12% in 2013.
Over 5 years, Current Deferred Tax Assets stood at $7.6 million in 2011, then jumped by 80.3% to $13.7 million in 2012, then jumped by 273.12% to $51.0 million in 2013, then fell by 18.63% to $41.5 million in 2014, then increased by 14.03% to $47.3 million in 2015.
The last three Current Deferred Tax Assets figures came in at $47.3 million (Q3 2015), $41.5 million (Q2 2015), and $41.2 million (Q1 2015), per Business Quant data.

Peer Set

Peer Comparison

All peers

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Palo Alto Networks	320.54 Bn	317.47 Bn	2.30 Bn
2	CrowdStrike Holdings	268.77 Bn	263.80 Bn	1.10 Bn
3	Fortinet	131.12 Bn	127.05 Bn	1.64 Bn
4	Snowflake	118.02 Bn	115.67 Bn	1.04 Bn
5	Datadog	90.27 Bn	85.29 Bn	881.34 Mn
6	Axon Enterprise	36.61 Bn	35.93 Bn	546.45 Mn
7	Zscaler	34.97 Bn	31.49 Bn	-
8	MongoDB	34.51 Bn	32.10 Bn	569.77 Mn
9	Okta	34.32 Bn	32.02 Bn	641.00 Mn
10	Baidu	30.55 Bn	8.15 Bn	1.76 Mn

Historic Data

Download Data

Date	Value
Sep 30, 2015	47.30 Mn
Jun 30, 2015	41.46 Mn
Mar 31, 2015	41.18 Mn
Dec 31, 2014	41.48 Mn
Sep 30, 2014	51.30 Mn
Jun 30, 2014	50.98 Mn
Mar 31, 2014	50.96 Mn
Dec 31, 2013	50.98 Mn
Dec 31, 2012	13.66 Mn
Sep 30, 2012	7.09 Mn
Jun 30, 2012	7.06 Mn
Mar 31, 2012	6.96 Mn
Dec 31, 2011	7.58 Mn
Sep 30, 2011	14.33 Mn
Jun 30, 2011	13.70 Mn
Dec 31, 2010	8.16 Mn

API Access

Fortinet Current Deferred Tax Assets API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=FTNT&period=max&api_key=YOUR_API_KEY

import requests

url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "FTNT", "period": "max", "api_key": "YOUR_API_KEY"}

data = requests.get(url, params=params).json()

const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=FTNT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();

API documentation

Fortinet (FTNT) Current Deferred Tax Assets (2010 - 2015)