NetApp Property Plant And Equipment Net vs Current Deferred Revenue 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 Property Plant And Equipment Net and its Current Deferred Revenue 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.

Property Plant And Equipment Net vs Current Deferred Revenue

Property Plant And Equipment Net vs Current Deferred Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of NetApp Inc Property Plant And Equipment Net account and Current Deferred Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between NetApp's Property Plant And Equipment Net and Current Deferred Revenue is 0.65. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Current Deferred Revenue 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 Property Plant And Equipment Net and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of NetApp Inc are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Property Plant And Equipment Net i.e., NetApp's Property Plant And Equipment Net and Current Deferred Revenue go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

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

Total Revenue Depreciation And Amortization

NetApp fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Other Stockholder Equity
Total Assets		0.65	0.74	0.66	0.45	0.94	0.77	-0.14	0.28	0.58	0.49	0.68	0.15	0.76	0.83	-0.16	0.52	0.73	0.78	0.87	0.7	0.82	0.62	0.45	0.62	-0.44
Short Long Term Debt Total	0.65		0.89	0.93	0.03	0.46	0.92	0.53	0.72	0.95	-0.11	0.98	-0.09	0.21	0.66	-0.6	0.04	0.97	0.96	0.5	0.96	0.35	0.48	-0.06	0.69	-0.76
Other Current Liab	0.74	0.89		0.79	0.01	0.5	0.78	0.53	0.62	0.81	-0.18	0.93	-0.27	0.21	0.71	-0.64	0.09	0.83	0.82	0.54	0.82	0.33	0.38	-0.04	0.8	-0.61
Total Current Liabilities	0.66	0.93	0.79		-0.11	0.49	0.98	0.43	0.84	0.99	-0.03	0.95	0.26	0.22	0.81	-0.65	-0.1	0.98	0.95	0.41	0.99	0.37	0.76	-0.18	0.42	-0.53
Total Stockholder Equity	0.45	0.03	0.01	-0.11		0.67	0.11	-0.68	-0.63	-0.2	0.81	-0.06	-0.11	0.87	-0.09	0.75	0.99	0.07	0.2	0.81	-0.01	0.8	-0.15	0.99	0.47	-0.4
Property Plant And Equipment Net	0.94	0.46	0.5	0.49	0.67		0.65	-0.45	0.02	0.38	0.75	0.46	0.28	0.93	0.68	0.15	0.71	0.59	0.66	0.93	0.54	0.96	0.56	0.68	0.5	-0.36
Current Deferred Revenue	0.77	0.92	0.78	0.98	0.11	0.65		0.25	0.7	0.94	0.18	0.92	0.28	0.42	0.82	-0.48	0.12	0.99	0.98	0.59	0.99	0.56	0.76	0.04	0.49	-0.59
Net Debt	-0.14	0.53	0.53	0.43	-0.68	-0.45	0.25		0.72	0.56	-0.9	0.55	-0.44	-0.69	0.13	-0.86	-0.66	0.37	0.27	-0.38	0.4	-0.59	-0.04	-0.75	0.28	-0.32
Retained Earnings	0.28	0.72	0.62	0.84	-0.63	0.02	0.7	0.72		0.88	-0.47	0.78	0.24	-0.31	0.69	-0.93	-0.61	0.73	0.63	-0.12	0.79	-0.15	0.66	-0.68	0.09	-0.21
Accounts Payable	0.58	0.95	0.81	0.99	-0.2	0.38	0.94	0.56	0.88		-0.17	0.96	0.16	0.09	0.76	-0.74	-0.19	0.96	0.92	0.32	0.98	0.25	0.68	-0.28	0.44	-0.56
Cash	0.49	-0.11	-0.18	-0.03	0.81	0.75	0.18	-0.9	-0.47	-0.17		-0.14	0.47	0.92	0.17	0.7	0.8	0.06	0.17	0.7	0.02	0.87	0.3	0.84	0.03	-0.01
Non Current Assets Total	0.68	0.98	0.93	0.95	-0.06	0.46	0.92	0.55	0.78	0.96	-0.14		-0.03	0.18	0.74	-0.68	-0.03	0.96	0.94	0.47	0.96	0.33	0.56	-0.14	0.65	-0.63
Non Currrent Assets Other	0.15	-0.09	-0.27	0.26	-0.11	0.28	0.28	-0.44	0.24	0.16	0.47	-0.03		0.25	0.43	0.04	-0.15	0.15	0.13	-0.01	0.21	0.31	0.78	-0.07	-0.62	0.45
Cash And Short Term Investments	0.76	0.21	0.21	0.22	0.87	0.93	0.42	-0.69	-0.31	0.09	0.92	0.18	0.25		0.38	0.5	0.88	0.34	0.45	0.92	0.28	0.98	0.34	0.88	0.4	-0.3
Net Receivables	0.83	0.66	0.71	0.81	-0.09	0.68	0.82	0.13	0.69	0.76	0.17	0.74	0.43	0.38		-0.57	-0.02	0.77	0.75	0.47	0.8	0.49	0.89	-0.08	0.26	-0.17
Common Stock Shares Outstanding	-0.16	-0.6	-0.64	-0.65	0.75	0.15	-0.48	-0.86	-0.93	-0.74	0.7	-0.68	0.04	0.5	-0.57		0.7	-0.55	-0.44	0.26	-0.6	0.37	-0.42	0.78	-0.14	0.16
Short Term Investments	0.52	0.04	0.09	-0.1	0.99	0.71	0.12	-0.66	-0.61	-0.19	0.8	-0.03	-0.15	0.88	-0.02	0.7		0.08	0.21	0.85	0.0	0.81	-0.13	0.99	0.53	-0.39
Non Current Liabilities Total	0.73	0.97	0.83	0.98	0.07	0.59	0.99	0.37	0.73	0.96	0.06	0.96	0.15	0.34	0.77	-0.55	0.08		0.99	0.56	1.0	0.48	0.67	-0.01	0.57	-0.66
Inventory	0.78	0.96	0.82	0.95	0.2	0.66	0.98	0.27	0.63	0.92	0.17	0.94	0.13	0.45	0.75	-0.44	0.21	0.99		0.65	0.97	0.58	0.64	0.12	0.63	-0.7
Other Current Assets	0.87	0.5	0.54	0.41	0.81	0.93	0.59	-0.38	-0.12	0.32	0.7	0.47	-0.01	0.92	0.47	0.26	0.85	0.56	0.65		0.49	0.94	0.29	0.79	0.71	-0.53
Total Liab	0.7	0.96	0.82	0.99	-0.01	0.54	0.99	0.4	0.79	0.98	0.02	0.96	0.21	0.28	0.8	-0.6	0.0	1.0	0.97	0.49		0.43	0.72	-0.09	0.5	-0.6
Total Current Assets	0.82	0.35	0.33	0.37	0.8	0.96	0.56	-0.59	-0.15	0.25	0.87	0.33	0.31	0.98	0.49	0.37	0.81	0.48	0.58	0.94	0.43		0.46	0.8	0.44	-0.33
Short Term Debt	0.62	0.48	0.38	0.76	-0.15	0.56	0.76	-0.04	0.66	0.68	0.3	0.56	0.78	0.34	0.89	-0.42	-0.13	0.67	0.64	0.29	0.72	0.46		-0.14	-0.11	0.03
Common Stock	0.45	-0.06	-0.04	-0.18	0.99	0.68	0.04	-0.75	-0.68	-0.28	0.84	-0.14	-0.07	0.88	-0.08	0.78	0.99	-0.01	0.12	0.79	-0.09	0.8	-0.14		0.41	-0.3
Intangible Assets	0.62	0.69	0.8	0.42	0.47	0.5	0.49	0.28	0.09	0.44	0.03	0.65	-0.62	0.4	0.26	-0.14	0.53	0.57	0.63	0.71	0.5	0.44	-0.11	0.41		-0.8
Other Stockholder Equity	-0.44	-0.76	-0.61	-0.53	-0.4	-0.36	-0.59	-0.32	-0.21	-0.56	-0.01	-0.63	0.45	-0.3	-0.17	0.16	-0.39	-0.66	-0.7	-0.53	-0.6	-0.33	0.03	-0.3	-0.8

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NetApp Property Plant And Equipment Net vs Current Deferred Revenue Analysis

Property Plant And Equipment Net vs Current Deferred Revenue

Property Plant And Equipment Net vs Current Deferred Revenue Correlation Analysis

Correlation Coefficient

Property Plant And Equipment Net

Current Deferred Revenue

NetApp fundamental ratios Correlations

NetApp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Total Liab	+ 1.0	Non Current Liabilities Total
Accounts Payable	+ 0.99	Total Current Liabilities
Total Liab	+ 0.99	Total Current Liabilities
Short Term Investments	+ 0.99	Total Stockholder Equity
Common Stock	+ 0.99	Total Stockholder Equity
Non Current Liabilities Total	+ 0.99	Current Deferred Revenue

Common Stock Shares Outstanding	- 0.93	Retained Earnings
Cash	- 0.9	Net Debt
Common Stock Shares Outstanding	- 0.86	Net Debt
Other Stockholder Equity	- 0.8	Intangible Assets
Other Stockholder Equity	- 0.76	Short Long Term Debt Total
Common Stock	- 0.75	Net Debt