NetApp Historical Balance Sheet

NTAP Stock

USD 122.34 4.34 3.43%

Trend analysis of NetApp Inc balance sheet accounts such as Total Current Liabilities of 2.2 B provides information on NetApp's total assets, liabilities, and equity, which is the actual value of NetApp Inc to its prevalent stockholders. By breaking down trends over time using NetApp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining NetApp Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NetApp Inc is a good buy for the upcoming year.

NetApp Inventory

98.03 Million

Check out Correlation Analysis 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 nation.

About NetApp Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NetApp Inc at a specified time, usually calculated after every quarter, six months, or one year. NetApp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NetApp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NetApp currently owns. An asset can also be divided into two categories, current and non-current.

NetApp Balance Sheet Chart

At this time, NetApp's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/25/2024, Common Stock Shares Outstanding is likely to grow to about 252.4 M, while Property Plant And Equipment Net is likely to drop slightly above 647.9 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

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Total Assets

Total assets refers to the total amount of NetApp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NetApp Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NetApp balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NetApp Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from NetApp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis 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 nation.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	2.6B	2.4B	2.7B	2.8B
Total Assets	10.0B	9.8B	9.9B	6.2B

Short Long Term Debt Total Total Assets

NetApp balance sheet 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	Common Stock Total Equity	Other Stockholder Equity
Total Assets		0.67	0.58	0.9	0.49	0.77	0.85	-0.49	0.27	0.45	0.75	0.56	0.36	0.84	0.79	0.25	0.47	0.54	0.79	0.6	0.69	0.91	0.43	0.5	0.29	-0.26
Short Long Term Debt Total	0.67		0.82	0.66	0.0	0.27	0.75	0.17	-0.07	0.7	0.27	0.88	0.45	0.39	0.63	-0.33	-0.07	0.9	0.59	0.6	0.94	0.47	0.01	-0.05	0.25	0.1
Other Current Liab	0.58	0.82		0.75	-0.11	0.2	0.65	0.22	0.07	0.79	0.18	0.82	0.36	0.28	0.68	-0.34	-0.12	0.77	0.57	0.43	0.89	0.38	0.19	-0.15	0.02	-0.03
Total Current Liabilities	0.9	0.66	0.75		0.22	0.59	0.87	-0.28	0.17	0.6	0.56	0.6	0.39	0.65	0.86	0.0	0.24	0.57	0.83	0.41	0.75	0.74	0.46	0.23	0.24	-0.16
Total Stockholder Equity	0.49	0.0	-0.11	0.22		0.84	0.0	-0.78	0.64	-0.31	0.78	-0.07	-0.25	0.79	-0.01	0.93	0.95	-0.3	0.18	0.53	-0.1	0.72	0.72	0.99	0.14	-0.65
Property Plant And Equipment Net	0.77	0.27	0.2	0.59	0.84		0.44	-0.68	0.5	0.04	0.78	0.25	-0.04	0.84	0.44	0.71	0.83	0.05	0.53	0.66	0.27	0.85	0.67	0.84	0.17	-0.5
Current Deferred Revenue	0.85	0.75	0.65	0.87	0.0	0.44		-0.09	-0.12	0.65	0.37	0.7	0.59	0.48	0.91	-0.24	-0.01	0.79	0.82	0.43	0.83	0.61	0.02	0.01	0.25	0.14
Net Debt	-0.49	0.17	0.22	-0.28	-0.78	-0.68	-0.09		-0.45	0.26	-0.9	0.39	0.2	-0.83	-0.15	-0.84	-0.77	0.33	-0.13	-0.16	0.18	-0.76	-0.59	-0.84	-0.2	0.49
Retained Earnings	0.27	-0.07	0.07	0.17	0.64	0.5	-0.12	-0.45		-0.3	0.45	-0.11	-0.29	0.46	-0.04	0.67	0.55	-0.32	0.18	0.31	-0.14	0.42	0.63	0.63	-0.43	-1.0
Accounts Payable	0.45	0.7	0.79	0.6	-0.31	0.04	0.65	0.26	-0.3		0.06	0.71	0.27	0.13	0.76	-0.5	-0.25	0.84	0.57	0.39	0.86	0.26	-0.14	-0.35	0.15	0.33
Cash	0.75	0.27	0.18	0.56	0.78	0.78	0.37	-0.9	0.45	0.06		0.0	-0.02	0.98	0.4	0.69	0.73	0.05	0.36	0.42	0.23	0.94	0.63	0.8	0.28	-0.47
Non Current Assets Total	0.56	0.88	0.82	0.6	-0.07	0.25	0.7	0.39	-0.11	0.71	0.0		0.52	0.16	0.61	-0.38	-0.11	0.85	0.63	0.63	0.9	0.27	-0.03	-0.15	0.12	0.16
Non Currrent Assets Other	0.36	0.45	0.36	0.39	-0.25	-0.04	0.59	0.2	-0.29	0.27	-0.02	0.52		0.02	0.42	-0.42	-0.27	0.56	0.33	0.08	0.51	0.1	-0.2	-0.25	0.29	0.32
Cash And Short Term Investments	0.84	0.39	0.28	0.65	0.79	0.84	0.48	-0.83	0.46	0.13	0.98	0.16	0.02		0.47	0.65	0.76	0.15	0.46	0.53	0.34	0.98	0.63	0.81	0.3	-0.48
Net Receivables	0.79	0.63	0.68	0.86	-0.01	0.44	0.91	-0.15	-0.04	0.76	0.4	0.61	0.42	0.47		-0.17	0.01	0.73	0.8	0.42	0.8	0.61	0.08	0.0	0.11	0.06
Common Stock Shares Outstanding	0.25	-0.33	-0.34	0.0	0.93	0.71	-0.24	-0.84	0.67	-0.5	0.69	-0.38	-0.42	0.65	-0.17		0.89	-0.56	-0.03	0.29	-0.38	0.55	0.67	0.94	-0.03	-0.7
Short Term Investments	0.47	-0.07	-0.12	0.24	0.95	0.83	-0.01	-0.77	0.55	-0.25	0.73	-0.11	-0.27	0.76	0.01	0.89		-0.34	0.17	0.46	-0.13	0.69	0.73	0.95	0.3	-0.57
Non Current Liabilities Total	0.54	0.9	0.77	0.57	-0.3	0.05	0.79	0.33	-0.32	0.84	0.05	0.85	0.56	0.15	0.73	-0.56	-0.34		0.55	0.46	0.95	0.28	-0.33	-0.34	0.16	0.36
Inventory	0.79	0.59	0.57	0.83	0.18	0.53	0.82	-0.13	0.18	0.57	0.36	0.63	0.33	0.46	0.8	-0.03	0.17	0.55		0.57	0.68	0.59	0.28	0.18	0.13	-0.15
Other Current Assets	0.6	0.6	0.43	0.41	0.53	0.66	0.43	-0.16	0.31	0.39	0.42	0.63	0.08	0.53	0.42	0.29	0.46	0.46	0.57		0.58	0.59	0.26	0.46	0.03	-0.28
Total Liab	0.69	0.94	0.89	0.75	-0.1	0.27	0.83	0.18	-0.14	0.86	0.23	0.9	0.51	0.34	0.8	-0.38	-0.13	0.95	0.68	0.58		0.46	-0.02	-0.15	0.19	0.18
Total Current Assets	0.91	0.47	0.38	0.74	0.72	0.85	0.61	-0.76	0.42	0.26	0.94	0.27	0.1	0.98	0.61	0.55	0.69	0.28	0.59	0.59	0.46		0.58	0.74	0.28	-0.43
Short Term Debt	0.43	0.01	0.19	0.46	0.72	0.67	0.02	-0.59	0.63	-0.14	0.63	-0.03	-0.2	0.63	0.08	0.67	0.73	-0.33	0.28	0.26	-0.02	0.58		0.72	0.14	-0.64
Common Stock	0.5	-0.05	-0.15	0.23	0.99	0.84	0.01	-0.84	0.63	-0.35	0.8	-0.15	-0.25	0.81	0.0	0.94	0.95	-0.34	0.18	0.46	-0.15	0.74	0.72		0.16	-0.65
Common Stock Total Equity	0.29	0.25	0.02	0.24	0.14	0.17	0.25	-0.2	-0.43	0.15	0.28	0.12	0.29	0.3	0.11	-0.03	0.3	0.16	0.13	0.03	0.19	0.28	0.14	0.16		0.42
Other Stockholder Equity	-0.26	0.1	-0.03	-0.16	-0.65	-0.5	0.14	0.49	-1.0	0.33	-0.47	0.16	0.32	-0.48	0.06	-0.7	-0.57	0.36	-0.15	-0.28	0.18	-0.43	-0.64	-0.65	0.42

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NetApp Account Relationship Matchups

NetApp balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	7.5B	9.4B	10.0B	9.8B	9.9B	6.2B
Short Long Term Debt Total	1.7B	2.7B	2.6B	2.4B	2.7B	2.8B
Other Current Liab	774M	921M	878M	810M	973M	1.0B
Total Current Liabilities	3.6B	3.5B	4.0B	3.5B	4.1B	2.2B
Total Stockholder Equity	242M	685M	838M	1.2B	1.1B	1.9B
Property Plant And Equipment Net	727M	525M	602M	650M	851M	647.9M
Current Deferred Revenue	1.9B	2.1B	2.2B	2.2B	2.2B	1.1B
Net Debt	(1.2B)	(2.0B)	(1.5B)	73M	749M	786.5M
Accounts Payable	426M	420M	607M	392M	517M	542.9M
Cash	2.9B	4.6B	4.1B	2.3B	1.9B	2.6B
Non Current Assets Total	3.2B	3.4B	4.1B	5.1B	5.0B	5.2B
Non Currrent Assets Other	699M	694M	526M	1.5B	243M	346.1M
Cash And Short Term Investments	2.9B	4.6B	4.1B	3.1B	3.3B	3.0B
Net Receivables	973M	945M	1.2B	987M	1.0B	630.5M
Common Stock Shares Outstanding	233M	226M	229M	220M	213M	252.4M
Short Term Investments	224M	67M	22M	754M	1.4B	1.3B
Liabilities And Stockholders Equity	7.5B	9.4B	10.0B	9.8B	9.9B	6.2B
Non Current Liabilities Total	3.7B	5.2B	5.2B	5.2B	4.6B	4.9B
Inventory	145M	114M	204M	167M	186M	98.0M
Other Current Assets	274M	346M	377M	456M	446M	612.4M
Total Liab	7.3B	8.7B	9.2B	8.7B	8.7B	9.2B
Total Current Assets	4.3B	6.0B	5.9B	4.7B	4.9B	4.0B
Accumulated Other Comprehensive Income	(42M)	(30M)	(44M)	(51M)	(59M)	(56.1M)
Short Term Debt	522M	49M	297M	47M	440M	425.6M
Common Stock	242M	685M	760M	945M	997M	1.1B
Common Stock Total Equity	284M	504M	760M	945M	1.1B	750.9M
Other Stockholder Equity	42M	(181M)	(44M)	(51M)	(45.9M)	(43.6M)
Property Plant And Equipment Gross	864M	639M	2.1B	2.3B	2.3B	2.4B
Other Liab	2.4B	2.6B	2.8B	2.6B	2.9B	3.1B
Other Assets	535M	694M	991M	1.2B	1.4B	1.4B
Property Plant Equipment	727M	525M	602M	650M	747.5M	741.8M
Good Will	1.8B	2.0B	2.3B	2.8B	3.2B	3.3B
Intangible Assets	44M	101M	142M	181M	124M	95.7M
Long Term Debt	1.1B	2.6B	2.4B	2.4B	2.0B	1.3B
Net Tangible Assets	(1.6B)	(1.5B)	(1.7B)	(1.8B)	(1.6B)	(1.5B)
Deferred Long Term Liab	97M	89M	111M	117M	105.3M	100.0M

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 Historical Balance Sheet

NetApp Inventory

98.03 Million

About NetApp Balance Sheet Analysis

NetApp Balance Sheet Chart

Total Assets

Total Current Liabilities

NetApp balance sheet Correlations

NetApp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

NetApp balance sheet Accounts

Pair Trading with NetApp

Additional Tools for NetApp Stock Analysis

COMMON DESTINATIONS

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Common Stock	+ 0.99	Total Stockholder Equity
Cash And Short Term Investments	+ 0.98	Cash
Total Current Assets	+ 0.98	Cash And Short Term Investments
Short Term Investments	+ 0.95	Total Stockholder Equity
Common Stock	+ 0.95	Short Term Investments
Total Liab	+ 0.95	Non Current Liabilities Total

Other Stockholder Equity	- 1.0	Retained Earnings
Cash	- 0.9	Net Debt
Common Stock	- 0.84	Net Debt
Common Stock Shares Outstanding	- 0.84	Net Debt
Cash And Short Term Investments	- 0.83	Net Debt
Net Debt	- 0.78	Total Stockholder Equity