NetApp End Period Cash Flow vs Net Income Analysis
0K6F Stock | 123.85 2.33 1.92% |
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 End Period Cash Flow and its Net Income 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.
End Period Cash Flow vs Net Income
End Period Cash Flow vs Net Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetApp Inc End Period Cash Flow account and Net Income. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between NetApp's End Period Cash Flow and Net Income is 0.58. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Net Income 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 End Period Cash Flow and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of NetApp Inc are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of End Period Cash Flow i.e., NetApp's End Period Cash Flow and Net Income go up and down completely randomly.
Correlation Coefficient | 0.58 |
Relationship Direction | Positive |
Relationship Strength | Weak |
End Period Cash Flow
Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in NetApp Inc financial statement analysis. It represents the amount of money remaining after all of NetApp Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.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
Click cells to compare fundamentals
NetApp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.