NetApp Historical Balance Sheet
NTAP Stock | USD 118.85 0.11 0.09% |
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.
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.
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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
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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 tightly coupled with the direction of predictive economic indicators such as signals in nation. At this time, NetApp's Non Currrent Assets Other are relatively stable compared to the past year. As of 06/04/2024, Common Stock Shares Outstanding is likely to grow to about 252.4 M, while Current Deferred Revenue is likely to drop slightly above 1.1 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.6B | 2.4B | 2.4B | 2.5B | Total Assets | 10.0B | 9.8B | 9.9B | 6.2B |
NetApp balance sheet Correlations
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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 | 2.6B | 2.6B | 2.4B | 2.4B | 2.5B | |
Other Current Liab | 774M | 921M | 925M | 810M | 1.0B | 1.1B | |
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 | 604M | 638.6M | |
Current Deferred Revenue | 1.9B | 2.1B | 2.2B | 2.2B | 2.2B | 1.1B | |
Net Debt | (1.2B) | (2.0B) | (1.5B) | 73M | 5.6B | 5.9B | |
Accounts Payable | 426M | 420M | 607M | 392M | 517M | 542.9M | |
Cash | 2.9B | 4.6B | 4.1B | 2.3B | (3.3B) | (3.1B) | |
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 | 4.4B | 4.6B | |
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 | 6.5B | 6.8B | |
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 | 452M | 612.7M | |
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) | (45.9M) | (43.6M) | |
Short Term Debt | 522M | 49M | 250M | 47M | 400M | 422.2M | |
Common Stock | 242M | 685M | 760M | 945M | 1.1B | 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 | 2.6B | 2.8B | |
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 | 162.9M | 95.5M | |
Long Term Debt | 1.1B | 2.6B | 2.4B | 2.4B | 2.7B | 2.9B | |
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 |
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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.