NetApp Debt Ratio from 2010 to 2024

NTAP Stock

USD 129.60 3.42 2.71%

NetApp Debt Ratio yearly trend continues to be relatively stable with very little volatility. Debt Ratio is likely to grow to 0.28 this year. During the period from 2010 to 2024, NetApp Debt Ratio destribution of quarterly values had range of 0.2796 from its regression line and mean deviation of 0.05. View All Fundamentals

Debt Ratio

First Reported

2010-12-31

Previous Quarter

0.24193385

Current Value

0.28119658

Quarterly Volatility

0.06673447

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Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 173.1 M, Interest Expense of 44.1 M or Total Revenue of 4 B, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0258 or PTB Ratio of 24.21. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules.

Check out the analysis of NetApp Correlation against competitors.

Latest NetApp's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of NetApp Inc over the last few years. It is NetApp's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetApp's overall financial position and show how it may be relating to other accounts over time.

Debt Ratio

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Debt Ratio

Timeline

NetApp Debt Ratio Regression Statistics

	Arithmetic Mean	0.20
	Geometric Mean	0.15
	Coefficient Of Variation	33.45
	Mean Deviation	0.05
	Median	0.22
	Standard Deviation	0.07
	Sample Variance	0
	Range	0.2796
	R-Value	0.83
	Mean Square Error	0
	R-Squared	0.69
	Significance	0.0001
	Slope	0.01
	Total Sum of Squares	0.06

NetApp Debt Ratio History

	2024	0.28
	2020	0.24
	2015	0.22
	2011	0.16
	2010	0.001555

Other Fundumenentals of NetApp Inc

Cash Flow To Debt Ratio

NetApp Debt Ratio component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Good Will	Intangible Assets	Long Term Debt	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Debt Total	Short Long Term Debt	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.49	0.85	-0.49	0.27	0.45	0.79	0.47	0.69	0.91	0.43	0.5	0.73	0.32	0.44	0.45	-0.14	-0.04	0.1	0.25	-0.08	0.02	0.02	0.1	0.04
Total Stockholder Equity	0.49		0.0	-0.78	0.64	-0.31	-0.01	0.95	-0.1	0.72	0.72	0.99	0.87	-0.35	0.6	-0.39	0.71	0.59	0.73	-0.47	0.59	-0.05	0.67	0.33	0.58
Current Deferred Revenue	0.85	0.0		-0.09	-0.12	0.65	0.91	-0.01	0.83	0.61	0.02	0.01	0.38	0.57	0.13	0.74	-0.57	-0.43	-0.32	0.55	-0.37	0.09	-0.38	-0.17	-0.31
Net Debt	-0.49	-0.78	-0.09		-0.45	0.26	-0.15	-0.77	0.18	-0.76	-0.59	-0.84	-0.7	0.62	-0.32	0.32	-0.68	-0.56	-0.76	0.54	-0.5	-0.27	-0.64	-0.61	-0.39
Retained Earnings	0.27	0.64	-0.12	-0.45		-0.3	-0.04	0.55	-0.14	0.42	0.63	0.63	0.51	-0.29	0.67	-0.39	0.52	0.86	0.27	-0.26	0.14	0.26	0.32	0.06	0.21
Accounts Payable	0.45	-0.31	0.65	0.26	-0.3		0.76	-0.25	0.86	0.26	-0.14	-0.35	0.02	0.77	-0.27	0.61	-0.78	-0.6	-0.53	0.52	-0.6	-0.33	-0.63	-0.1	-0.35
Net Receivables	0.79	-0.01	0.91	-0.15	-0.04	0.76		0.01	0.8	0.61	0.08	0.0	0.39	0.5	0.04	0.59	-0.54	-0.33	-0.36	0.41	-0.44	0.15	-0.43	-0.1	-0.26
Short Term Investments	0.47	0.95	-0.01	-0.77	0.55	-0.25	0.01		-0.13	0.69	0.73	0.95	0.85	-0.36	0.47	-0.45	0.69	0.49	0.76	-0.51	0.64	-0.09	0.65	0.33	0.67
Total Liab	0.69	-0.1	0.83	0.18	-0.14	0.86	0.8	-0.13		0.46	-0.02	-0.15	0.25	0.86	0.04	0.76	-0.76	-0.53	-0.51	0.62	-0.51	-0.32	-0.58	-0.21	-0.4
Total Current Assets	0.91	0.72	0.61	-0.76	0.42	0.26	0.61	0.69	0.46		0.58	0.74	0.84	0.01	0.43	0.18	0.19	0.22	0.38	-0.05	0.15	0.03	0.28	0.35	0.19
Short Term Debt	0.43	0.72	0.02	-0.59	0.63	-0.14	0.08	0.73	-0.02	0.58		0.72	0.68	-0.23	0.46	-0.52	0.46	0.49	0.51	-0.58	0.48	-0.19	0.43	0.06	0.36
Common Stock	0.5	0.99	0.01	-0.84	0.63	-0.35	0.0	0.95	-0.15	0.74	0.72		0.86	-0.43	0.59	-0.4	0.74	0.61	0.77	-0.49	0.6	0.03	0.71	0.36	0.58
Property Plant Equipment	0.73	0.87	0.38	-0.7	0.51	0.02	0.39	0.85	0.25	0.84	0.68	0.86		-0.07	0.46	-0.15	0.37	0.33	0.44	-0.29	0.39	-0.02	0.31	0.05	0.3
Good Will	0.32	-0.35	0.57	0.62	-0.29	0.77	0.5	-0.36	0.86	0.01	-0.23	-0.43	-0.07		-0.04	0.68	-0.86	-0.67	-0.67	0.71	-0.58	-0.5	-0.68	-0.45	-0.38
Intangible Assets	0.44	0.6	0.13	-0.32	0.67	-0.27	0.04	0.47	0.04	0.43	0.46	0.59	0.46	-0.04		-0.07	0.34	0.5	0.36	0.05	0.07	0.03	0.42	0.12	0.36
Long Term Debt	0.45	-0.39	0.74	0.32	-0.39	0.61	0.59	-0.45	0.76	0.18	-0.52	-0.4	-0.15	0.68	-0.07		-0.74	-0.6	-0.55	0.88	-0.59	0.01	-0.49	-0.08	-0.44
Net Tangible Assets	-0.14	0.71	-0.57	-0.68	0.52	-0.78	-0.54	0.69	-0.76	0.19	0.46	0.74	0.37	-0.86	0.34	-0.74		0.78	0.83	-0.71	0.71	0.24	0.86	0.43	0.65
Capital Surpluse	-0.04	0.59	-0.43	-0.56	0.86	-0.6	-0.33	0.49	-0.53	0.22	0.49	0.61	0.33	-0.67	0.5	-0.6	0.78		0.48	-0.54	0.28	0.41	0.52	0.26	0.33
Deferred Long Term Liab	0.1	0.73	-0.32	-0.76	0.27	-0.53	-0.36	0.76	-0.51	0.38	0.51	0.77	0.44	-0.67	0.36	-0.55	0.83	0.48		-0.63	0.68	-0.09	0.88	0.62	0.67
Long Term Debt Total	0.25	-0.47	0.55	0.54	-0.26	0.52	0.41	-0.51	0.62	-0.05	-0.58	-0.49	-0.29	0.71	0.05	0.88	-0.71	-0.54	-0.63		-0.68	0.0	-0.46	-0.2	-0.4
Short Long Term Debt	-0.08	0.59	-0.37	-0.5	0.14	-0.6	-0.44	0.64	-0.51	0.15	0.48	0.6	0.39	-0.58	0.07	-0.59	0.71	0.28	0.68	-0.68		-0.03	0.65	0.15	0.54
Long Term Investments	0.02	-0.05	0.09	-0.27	0.26	-0.33	0.15	-0.09	-0.32	0.03	-0.19	0.03	-0.02	-0.5	0.03	0.01	0.24	0.41	-0.09	0.0	-0.03		0.04	-0.02	-0.13
Net Invested Capital	0.02	0.67	-0.38	-0.64	0.32	-0.63	-0.43	0.65	-0.58	0.28	0.43	0.71	0.31	-0.68	0.42	-0.49	0.86	0.52	0.88	-0.46	0.65	0.04		0.58	0.72
Net Working Capital	0.1	0.33	-0.17	-0.61	0.06	-0.1	-0.1	0.33	-0.21	0.35	0.06	0.36	0.05	-0.45	0.12	-0.08	0.43	0.26	0.62	-0.2	0.15	-0.02	0.58		0.4
Capital Stock	0.04	0.58	-0.31	-0.39	0.21	-0.35	-0.26	0.67	-0.4	0.19	0.36	0.58	0.3	-0.38	0.36	-0.44	0.65	0.33	0.67	-0.4	0.54	-0.13	0.72	0.4

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About NetApp Financial Statements

NetApp shareholders use historical fundamental indicators, such as Debt Ratio, to determine how well the company is positioned to perform in the future. Although NetApp investors may analyze each financial statement separately, they are all interrelated. The changes in NetApp's assets and liabilities, for example, are also reflected in the revenues and expenses on on NetApp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Debt Ratio	0.24	0.28
Cash Flow To Debt Ratio	0.70	0.51

Pair Trading with NetApp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NetApp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NetApp will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to NetApp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NetApp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NetApp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NetApp Inc to buy it.

The correlation of NetApp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NetApp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NetApp Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for NetApp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for NetApp Stock Analysis

When running NetApp's price analysis, check to measure NetApp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NetApp is operating at the current time. Most of NetApp's value examination focuses on studying past and present price action to predict the probability of NetApp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NetApp's price. Additionally, you may evaluate how the addition of NetApp to your portfolios can decrease your overall portfolio volatility.

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NetApp Debt Ratio from 2010 to 2024

Latest NetApp's Debt Ratio Growth Pattern

NetApp Debt Ratio Regression Statistics

NetApp Debt Ratio History

Other Fundumenentals of NetApp Inc

NetApp Debt Ratio component correlations

About NetApp Financial Statements

Pair Trading with NetApp

Additional Tools for NetApp Stock Analysis

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