NetApp, Inc.

NetApp, Inc.verified

NTAP

Price:

$117.94

Market Cap:

$23.98B

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, NetApp ElementOS software, and NetApp SANtricity software; and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod, NetApp E/EF series, NetApp StorageGRID, and NetApp SolidFire. It also provides cloud storage and data services compri...[Read more]

Industry

Computer Hardware

IPO Date

1995-11-21

Stock Exchange

NASDAQ

Ticker

NTAP

The Current Ratio as of December 2024 (TTM) for NetApp, Inc. (NTAP) is 0.91

According to NetApp, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.91. This represents a change of -13.00% compared to the average of 1.05 of the last 4 quarters.

NetApp, Inc. (NTAP) Historical Current Ratio (quarterly & annually)

How has NTAP Current Ratio performed in the past?

The mean historical Current Ratio of NetApp, Inc. over the last ten years is 1.61. The current 0.91 Current Ratio has changed 5.57% with respect to the historical average. Over the past ten years (40 quarters), NTAP's Current Ratio was at its highest in in the January 2015 quarter at 2.63. The Current Ratio was at its lowest in in the October 2024 quarter at 0.91.

Quarterly (TTM)
Annual

Average

1.61

Median

1.52

Minimum

1.18

Maximum

2.50

NetApp, Inc. (NTAP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of NetApp, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 47.08%

Maximum Annual Current Ratio = 2.50

Minimum Annual Increase = -29.58%

Minimum Annual Current Ratio = 1.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.19-11.65%
20231.35-10.24%
20221.50-13.49%
20211.7447.08%
20201.18-18.53%
20191.45-23.34%
20181.8923.32%
20171.53-12.85%
20161.76-29.58%
20152.504.11%

NetApp, Inc. (NTAP) Average Current Ratio

How has NTAP Current Ratio performed in the past?

The current Current Ratio of NetApp, Inc. (NTAP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.35

5-year avg

1.39

10-year avg

1.61

NetApp, Inc. (NTAP) Current Ratio vs. Peers

How is NTAP’s Current Ratio compared to its peers?

NetApp, Inc.’s Current Ratio is less than Arista Networks, Inc. (4.47), greater than Dell Technologies Inc. (0.77), less than 3D Systems Corporation (3.31), less than Stratasys Ltd. (3.07), less than Western Digital Corporation (1.47), less than Logitech International S.A. (2.21), greater than HP Inc. (0.72), less than Nano Dimension Ltd. (28.65), less than Super Micro Computer, Inc. (3.77), less than Pure Storage, Inc. (1.77), less than Seagate Technology Holdings plc (1.14),

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