NetApp Balance Sheet Health

Financial Health criteria checks 5/6

NetApp has a total shareholder equity of $1.1B and total debt of $2.4B, which brings its debt-to-equity ratio to 208.7%. Its total assets and total liabilities are $9.9B and $8.7B respectively. NetApp's EBIT is $1.3B making its interest coverage ratio -26.4. It has cash and short-term investments of $3.3B.

Key information

208.7%

Debt to equity ratio

US$2.39b

Debt

Interest coverage ratio-26.4x
CashUS$3.26b
EquityUS$1.15b
Total liabilitiesUS$8.74b
Total assetsUS$9.89b

Recent financial health updates

Recent updates

We Think NetApp (NASDAQ:NTAP) Can Manage Its Debt With Ease

Jul 11
We Think NetApp (NASDAQ:NTAP) Can Manage Its Debt With Ease

NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

Jun 21
NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

There May Be Reason For Hope In NetApp's (NASDAQ:NTAP) Disappointing Earnings

Jun 17
There May Be Reason For Hope In NetApp's (NASDAQ:NTAP) Disappointing Earnings

NetApp, Inc. (NASDAQ:NTAP) Analysts Are Pretty Bullish On The Stock After Recent Results

Jun 13
NetApp, Inc. (NASDAQ:NTAP) Analysts Are Pretty Bullish On The Stock After Recent Results

NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

Jun 04
NetApp's (NASDAQ:NTAP) Upcoming Dividend Will Be Larger Than Last Year's

Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares

May 21
Unpleasant Surprises Could Be In Store For NetApp, Inc.'s (NASDAQ:NTAP) Shares

NetApp: A Long-Term Beneficiary Of AI

May 14

Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Apr 27
Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Returns On Capital At NetApp (NASDAQ:NTAP) Have Stalled

Apr 09
Returns On Capital At NetApp (NASDAQ:NTAP) Have Stalled

NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

Mar 19
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

NetApp: AI Could Support More Upside - Initiating With A Buy

Mar 05

NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50

Mar 05
NetApp (NASDAQ:NTAP) Has Announced A Dividend Of $0.50

Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Mar 02
Results: NetApp, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

NetApp Q3 Earnings Preview: Key Things To Consider

Feb 28

Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)

Feb 18
Calculating The Fair Value Of NetApp, Inc. (NASDAQ:NTAP)

NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing

Jan 31
NetApp, Inc. (NASDAQ:NTAP) Not Lagging Market On Growth Or Pricing

Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?

Dec 25
Is Now The Time To Look At Buying NetApp, Inc. (NASDAQ:NTAP)?

NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

Dec 07
NetApp's (NASDAQ:NTAP) Soft Earnings Are Actually Better Than They Appear

NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Nov 23
NetApp (NASDAQ:NTAP) Seems To Use Debt Quite Sensibly

Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors

Nov 08
Here's Why NetApp (NASDAQ:NTAP) Has Caught The Eye Of Investors

NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

Oct 23
NetApp, Inc. (NASDAQ:NTAP) Shares Could Be 29% Below Their Intrinsic Value Estimate

NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

Sep 23
NetApp (NASDAQ:NTAP) Will Pay A Dividend Of $0.50

NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

Sep 07
NetApp, Inc.'s (NASDAQ:NTAP) CEO Looks Like They Deserve Their Pay Packet

NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

Aug 27
NetApp (NASDAQ:NTAP) Has Affirmed Its Dividend Of $0.50

Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?

Aug 15
Is Now An Opportune Moment To Examine NetApp, Inc. (NASDAQ:NTAP)?

If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity

Jul 31
If EPS Growth Is Important To You, NetApp (NASDAQ:NTAP) Presents An Opportunity

Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

Jul 16
Returns At NetApp (NASDAQ:NTAP) Are On The Way Up

NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Jun 23
NetApp (NASDAQ:NTAP) Is Paying Out A Dividend Of $0.50

Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly

Jun 20
Here's Why NetApp (NASDAQ:NTAP) Can Manage Its Debt Responsibly

NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

Jun 05
NetApp (NASDAQ:NTAP) Is Due To Pay A Dividend Of $0.50

An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued

May 15
An Intrinsic Calculation For NetApp, Inc. (NASDAQ:NTAP) Suggests It's 34% Undervalued

NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger

Apr 13
NetApp (NASDAQ:NTAP) Might Have The Makings Of A Multi-Bagger

Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Mar 21
Should You Think About Buying NetApp, Inc. (NASDAQ:NTAP) Now?

Financial Position Analysis

Short Term Liabilities: NTAP's short term assets ($4.9B) exceed its short term liabilities ($4.1B).

Long Term Liabilities: NTAP's short term assets ($4.9B) exceed its long term liabilities ($4.6B).


Debt to Equity History and Analysis

Debt Level: NTAP has more cash than its total debt.

Reducing Debt: NTAP's debt to equity ratio has increased from 164.5% to 208.7% over the past 5 years.

Debt Coverage: NTAP's debt is well covered by operating cash flow (70.4%).

Interest Coverage: NTAP earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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