NetApp Earnings before Tax vs Net Income Per Employee Analysis
NTAP Stock | USD 97.91 0.04 0.04% |
Trend analysis of NetApp Inc balance sheet accounts such as Total Current Liabilities of 2.1 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.
NetApp |
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
NetApp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how NetApp Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, NetApp's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 04/23/2024, Short Term Investments is likely to grow to about 1.3 B, while Property Plant And Equipment Net is likely to drop slightly above 637.6 M. Add Fundamental
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 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 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. As of 04/23/2024, Sales General And Administrative To Revenue is likely to grow to 0.05, while Selling General Administrative is likely to drop slightly above 215.5 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.2B | 4.2B | 4.8B | 2.4B | Total Revenue | 6.3B | 6.4B | 7.3B | 3.9B |
NetApp fundamental ratios Correlations
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NetApp Account Relationship Matchups
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NetApp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.5B | 9.4B | 10.0B | 9.8B | 11.3B | 6.1B | |
Short Long Term Debt Total | 1.7B | 2.6B | 2.6B | 2.4B | 2.7B | 2.9B | |
Other Current Liab | 774M | 921M | 925M | 810M | 931.5M | 978.1M | |
Total Current Liabilities | 3.6B | 3.5B | 4.0B | 3.5B | 4.0B | 2.1B | |
Total Stockholder Equity | 242M | 685M | 838M | 1.2B | 1.3B | 1.9B | |
Property Plant And Equipment Net | 727M | 525M | 602M | 650M | 747.5M | 637.6M | |
Current Deferred Revenue | 1.9B | 2.1B | 2.2B | 2.2B | 2.6B | 2.7B | |
Net Debt | (1.2B) | (2.0B) | (1.5B) | 73M | 65.7M | 69.0M | |
Accounts Payable | 426M | 420M | 607M | 392M | 450.8M | 233.6M | |
Cash | 2.9B | 4.6B | 4.1B | 2.3B | 2.7B | 2.6B | |
Non Current Assets Total | 3.2B | 3.4B | 4.1B | 5.1B | 5.9B | 6.2B | |
Non Currrent Assets Other | 699M | 694M | 526M | 1.5B | 1.8B | 1.9B | |
Cash And Short Term Investments | 2.9B | 4.6B | 4.1B | 3.1B | 3.5B | 3.0B | |
Net Receivables | 973M | 945M | 1.2B | 987M | 1.1B | 613.5M | |
Common Stock Shares Outstanding | 233M | 226M | 229M | 220M | 198M | 255.4M | |
Short Term Investments | 224M | 67M | 22M | 754M | 867.1M | 1.3B | |
Liabilities And Stockholders Equity | 7.5B | 9.4B | 10.0B | 9.8B | 11.3B | 6.1B | |
Non Current Liabilities Total | 3.7B | 5.2B | 5.2B | 5.2B | 6.0B | 6.3B | |
Inventory | 145M | 114M | 204M | 167M | 192.1M | 201.7M | |
Other Current Assets | 274M | 346M | 377M | 456M | 524.4M | 616.8M | |
Total Liab | 7.3B | 8.7B | 9.2B | 8.7B | 10.0B | 10.5B | |
Total Current Assets | 4.3B | 6.0B | 5.9B | 4.7B | 5.4B | 4.0B | |
Accumulated Other Comprehensive Income | (42M) | (30M) | (44M) | (51M) | (45.9M) | (43.6M) | |
Short Term Debt | 522M | 49M | 250M | 47M | 54.1M | 51.3M | |
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) | (58.7M) | (55.7M) | |
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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Try AI Portfolio ArchitectCheck 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. Note that the NetApp Inc information on this page should be used as a complementary analysis to other NetApp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary 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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Is NetApp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetApp. If investors know NetApp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetApp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.933 | Dividend Share 2 | Earnings Share 4.39 | Revenue Per Share 29.398 | Quarterly Revenue Growth 0.052 |
The market value of NetApp Inc is measured differently than its book value, which is the value of NetApp that is recorded on the company's balance sheet. Investors also form their own opinion of NetApp's value that differs from its market value or its book value, called intrinsic value, which is NetApp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetApp's market value can be influenced by many factors that don't directly affect NetApp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetApp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NetApp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetApp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.