NetApp Common Stock Shares Outstanding vs Non Currrent Assets Other Analysis
0K6F Stock | 124.12 0.27 0.22% |
NetApp financial indicator trend analysis is infinitely more than just investigating NetApp Inc recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether NetApp Inc is a good investment. Please check the relationship between NetApp Common Stock Shares Outstanding and its Non Currrent Assets Other accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NetApp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Common Stock Shares Outstanding vs Non Currrent Assets Other
Common Stock Shares Outstanding vs Non Currrent Assets Other Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetApp Inc Common Stock Shares Outstanding account and Non Currrent Assets Other. At this time, the significance of the direction appears to have no relationship.
The correlation between NetApp's Common Stock Shares Outstanding and Non Currrent Assets Other is 0.04. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Non Currrent Assets Other in the same time period over historical financial statements of NetApp Inc, assuming nothing else is changed. The correlation between historical values of NetApp's Common Stock Shares Outstanding and Non Currrent Assets Other is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of NetApp Inc are associated (or correlated) with its Non Currrent Assets Other. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Currrent Assets Other has no effect on the direction of Common Stock Shares Outstanding i.e., NetApp's Common Stock Shares Outstanding and Non Currrent Assets Other go up and down completely randomly.
Correlation Coefficient | 0.04 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.Most indicators from NetApp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into NetApp Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in NetApp Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to drop to about 257 M in 2024. Tax Provision is likely to drop to about 180.6 M in 2024
2015 | 2020 | 2024 (projected) | Total Revenue | 5.4B | 6.3B | 6.3B | Depreciation And Amortization | 244M | 255M | 179.4M |
NetApp fundamental ratios Correlations
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NetApp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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.