Netapp Inc Stock Debt To Equity

NTAP Stock

USD 126.18 3.84 3.14%

NetApp Inc fundamentals help investors to digest information that contributes to NetApp's financial success or failures. It also enables traders to predict the movement of NetApp Stock. The fundamental analysis module provides a way to measure NetApp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NetApp stock.

		Last Reported	Projected for Next Year
	Debt To Equity	2.09	3.84

As of 11/25/2024, Debt To Equity is likely to grow to 3.84.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NetApp Inc Company Debt To Equity Analysis

NetApp's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current NetApp Debt To Equity

4.51 %

Most of NetApp's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NetApp Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

NetApp Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for NetApp is extremely important. It helps to project a fair market value of NetApp Stock properly, considering its historical fundamentals such as Debt To Equity. Since NetApp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of NetApp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of NetApp's interrelated accounts and indicators.

	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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NetApp Debt To Equity Historical Pattern

Today, most investors in NetApp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various NetApp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of NetApp debt to equity as a starting point in their analysis.

NetApp Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict NetApp

Debt To Equity Over Time

NetApp Total Stockholder Equity

Total Stockholder Equity

1.88 Billion

At this time, NetApp's Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, NetApp Inc has a Debt To Equity of 4.512%. This is 92.36% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The debt to equity for all United States stocks is 90.74% higher than that of the company.

NetApp Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NetApp's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NetApp could also be used in its relative valuation, which is a method of valuing NetApp by comparing valuation metrics of similar companies.

NetApp is currently under evaluation in debt to equity category among its peers.

NetApp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, NetApp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to NetApp's managers, analysts, and investors.

Environmental

Governance

Social

NetApp Fundamentals

	Return On Equity	1.2
	Return On Asset	0.0916
	Profit Margin	0.17 %
	Operating Margin	0.19 %
	Current Valuation	24.82 B
	Shares Outstanding	204.78 M
	Shares Owned By Insiders	0.40 %
	Shares Owned By Institutions	93.91 %
	Number Of Shares Shorted	8.89 M
	Price To Earning	17.90 X
	Price To Book	26.47 X
	Price To Sales	3.93 X
	Revenue	6.27 B
	Gross Profit	4.21 B
	EBITDA	1.58 B
	Net Income	986 M
	Cash And Equivalents	3.45 B
	Cash Per Share	15.85 X
	Total Debt	2.65 B
	Debt To Equity	4.51 %
	Current Ratio	1.38 X
	Book Value Per Share	5.56 X
	Cash Flow From Operations	1.69 B
	Short Ratio	7.38 X
	Earnings Per Share	5.43 X
	Price To Earnings To Growth	1.92 X
	Target Price	137.27
	Number Of Employees	11.8 K
	Beta	1.23
	Market Capitalization	25.05 B
	Total Asset	9.89 B
	Retained Earnings	208 M
	Working Capital	791 M
	Current Asset	6.45 B
	Current Liabilities	3.66 B
	Annual Yield	0.02 %
	Five Year Return	2.61 %
	Net Asset	9.89 B

About NetApp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NetApp Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NetApp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NetApp Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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