Fortinet, Inc
FTNT
Israeli Tech Ecosystem Related
Company Overview
No company description available.
Country
US
Market Cap
$44.86B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.39%
passed
Liabilities Compliance
2.21%
passed
Final Shariah Status
Passed
This stock meets all Shariah compliance criteria according to AAOIFI standards.
Business Compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Product | $1,780.5 | $0.0 | Product revenue is primarily generated from sales of our physical and virtual machine appliances |
| Service | $2,636.9 | $0.0 | Service revenue is generated primarily from FortiGuard security subscription services and FortiCare technical support services. |
| Interest income | $17.4 | $17.4 | - |
| Total | $4,434.8 | $17.4 | 0.39% (passed) |
Stock Information
| Name | Fortinet, Inc |
| Ticker | FTNT |
| Main Business | cybersecurity and networking solutions for organizations, including enterprises, communication service providers, security service providers, government organizations and small businesses. |
| Type | Securities |
| Industry | Software—Infrastructure |
| Country | US |
| Market Cap | $44.86 B |
Israeli Companies Funded
$145.2M
Employees in Israel
201-500
Companies Funded
3
Israeli Portfolio
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