NetApp Historical Balance Sheet

NTAP Stock  USD 65.54  0.25  0.38%   
Trend analysis of NetApp Inc balance sheet accounts such as Accumulated Other Comprehensive Income of 2.7 M 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 breaking down NetApp Inc prevalent 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.
Additionally, see Correlation Analysis.
  

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.
NetApp Deferred Revenue is very stable at the moment as compared to the past year. NetApp reported last year Deferred Revenue of 2.2 Billion. As of 27th of January 2023, Shareholders Equity is likely to grow to about 703 M, while Total Assets are likely to drop about 8.8 B.

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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; [TaxAssets] and Trade and Non Trade Receivables.

Current Assets

Current assets of NetApp Inc include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of NetApp. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on NetApp Inc balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on NetApp books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
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. Additionally, see Correlation Analysis.NetApp Deferred Revenue is very stable at the moment as compared to the past year. NetApp reported last year Deferred Revenue of 2.2 Billion. As of 27th of January 2023, Shareholders Equity is likely to grow to about 703 M, while Total Assets are likely to drop about 8.8 B.
 2015 2020 2022 2023 (projected)
Receivables973 M1.23 B945 M866.52 M
Inventories145 M204 M114 M117.4 M

NetApp balance sheet Correlations

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0.71.00.01-0.45-0.310.62-0.510.66-0.86-0.51-0.7-0.12-0.83-0.5-0.510.070.920.93-0.54-0.17-0.65-0.4
0.661.00.0-0.44-0.310.67-0.50.69-0.87-0.52-0.73-0.13-0.83-0.51-0.530.010.940.94-0.56-0.17-0.69-0.41
0.40.010.00.87-0.940.18-0.840.540.47-0.810.6-0.98-0.540.850.84-0.120.1-0.33-0.78-0.970.61-0.89
0.0-0.45-0.440.87-0.67-0.02-0.470.240.76-0.490.81-0.8-0.080.970.96-0.25-0.32-0.7-0.46-0.770.8-0.59
-0.52-0.31-0.31-0.94-0.67-0.40.97-0.73-0.170.95-0.320.980.78-0.63-0.620.17-0.420.010.930.99-0.330.99
0.090.620.670.18-0.02-0.4-0.450.9-0.6-0.65-0.61-0.35-0.65-0.24-0.26-0.730.840.63-0.7-0.39-0.61-0.55
-0.64-0.51-0.5-0.84-0.470.97-0.45-0.760.030.96-0.140.90.89-0.45-0.430.09-0.58-0.20.940.92-0.160.97
0.40.660.690.540.24-0.730.9-0.76-0.42-0.9-0.33-0.67-0.860.070.05-0.520.820.51-0.93-0.7-0.32-0.83
-0.32-0.86-0.870.470.76-0.17-0.60.03-0.420.10.96-0.330.470.850.860.06-0.8-0.980.16-0.290.93-0.04
-0.5-0.51-0.52-0.81-0.490.95-0.650.96-0.90.1-0.030.90.89-0.4-0.380.34-0.66-0.251.00.92-0.040.99
-0.04-0.7-0.730.60.81-0.32-0.61-0.14-0.330.96-0.03-0.450.290.920.920.24-0.72-0.910.03-0.410.99-0.18
-0.37-0.12-0.13-0.98-0.80.98-0.350.9-0.67-0.330.9-0.450.65-0.75-0.740.26-0.270.190.881.0-0.450.95
-0.74-0.83-0.83-0.54-0.080.78-0.650.89-0.860.470.890.290.65-0.03-0.010.08-0.86-0.610.90.680.250.84
0.07-0.5-0.510.850.97-0.63-0.24-0.450.070.85-0.40.92-0.75-0.031.0-0.03-0.43-0.77-0.35-0.720.91-0.52
0.06-0.51-0.530.840.96-0.62-0.26-0.430.050.86-0.380.92-0.74-0.011.0-0.02-0.45-0.78-0.33-0.710.92-0.51
0.570.070.01-0.12-0.250.17-0.730.09-0.520.060.340.240.260.08-0.03-0.02-0.29-0.040.370.270.30.29
0.460.920.940.1-0.32-0.420.84-0.580.82-0.8-0.66-0.72-0.27-0.86-0.43-0.45-0.290.88-0.69-0.32-0.71-0.54
0.430.930.94-0.33-0.70.010.63-0.20.51-0.98-0.25-0.910.19-0.61-0.77-0.78-0.040.88-0.30.14-0.88-0.11
-0.5-0.54-0.56-0.78-0.460.93-0.70.94-0.930.161.00.030.880.9-0.35-0.330.37-0.69-0.30.90.020.98
-0.4-0.17-0.17-0.97-0.770.99-0.390.92-0.7-0.290.92-0.411.00.68-0.72-0.710.27-0.320.140.9-0.410.97
0.05-0.65-0.690.610.8-0.33-0.61-0.16-0.320.93-0.040.99-0.450.250.910.920.3-0.71-0.880.02-0.41-0.18
-0.49-0.4-0.41-0.89-0.590.99-0.550.97-0.83-0.040.99-0.180.950.84-0.52-0.510.29-0.54-0.110.980.97-0.18
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NetApp Account Relationship Matchups

NetApp Investors Sentiment

The influence of NetApp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in NetApp. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to NetApp's public news can be used to forecast risks associated with investment in NetApp. The trend in average sentiment can be used to explain how an investor holding NetApp can time the market purely based on public headlines and social activities around NetApp Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
NetApp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for NetApp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average NetApp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on NetApp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NetApp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NetApp's short interest history, or implied volatility extrapolated from NetApp options trading.

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Additionally, see Correlation Analysis. 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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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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
2.48
Market Capitalization
14.2 B
Quarterly Revenue Growth
0.062
Return On Assets
0.0791
Return On Equity
1.5043
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 NetApp value 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.