NetApp Interest Coverage from 2010 to 2024

NTAP Stock  USD 127.52  0.00  0.00%   
NetApp Interest Coverage yearly trend continues to be relatively stable with very little volatility. Interest Coverage is likely to grow to 14.63 this year. During the period from 2010 to 2024, NetApp Interest Coverage destribution of quarterly values had range of 15.4258 from its regression line and mean deviation of  5.05. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
13.93243243
Current Value
14.63
Quarterly Volatility
6.01981115
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NetApp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NetApp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 173.8 M, Interest Expense of 282.6 M or Total Revenue of 4 B, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0258 or PTB Ratio of 24.21. NetApp financial statements analysis is a perfect complement when working with NetApp Valuation or Volatility modules.
  
Check out the analysis of NetApp Correlation against competitors.

Latest NetApp's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of NetApp Inc over the last few years. It is NetApp's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NetApp's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Pretty Stable
   Interest Coverage   
       Timeline  

NetApp Interest Coverage Regression Statistics

Arithmetic Mean13.17
Geometric Mean10.92
Coefficient Of Variation45.72
Mean Deviation5.05
Median17.06
Standard Deviation6.02
Sample Variance36.24
Range15.4258
R-Value(0.22)
Mean Square Error37.22
R-Squared0.05
Significance0.44
Slope(0.29)
Total Sum of Squares507.33

NetApp Interest Coverage History

2024 14.63
2023 13.93
2020 4.35
2015 17.18
2011 17.06
2010 1.76

About NetApp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include NetApp income statement, its balance sheet, and the statement of cash flows. NetApp investors use historical funamental indicators, such as NetApp's Interest Coverage, to determine how well the company is positioned to perform in the future. Although NetApp investors may use each financial statement separately, they are all related. The changes in NetApp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on NetApp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on NetApp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in NetApp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 13.93  14.63 

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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.