NetApp, Inc.

NasdaqGS NTAP

NetApp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending October 25, 2024: 2.58

NetApp, Inc. Debt to Equity Ratio is 2.58 for the Trailing 12 Months (TTM) ending October 25, 2024, a 4.72% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

NetApp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending October 27, 2023 was 2.46, a -16.91% change year over year.
NetApp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending October 28, 2022 was 2.96, a -25.70% change year over year.
NetApp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending October 29, 2021 was 3.99, a -47.35% change year over year.
NetApp, Inc. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending October 30, 2020 was 7.57, a 319.15% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

NasdaqGS: NTAP

NetApp, Inc.

CEO	Mr. George Kurian
IPO Date	Nov. 21, 1995
Location	United States
Headquarters	3060 Olsen Drive
Employees	11,800
Sector	Communication Services
Industries Cloud Servers Big Data Database Enterprise Resource Planning (ERP) Software-as-a-Service (SaaS) Software & Operating Systems

Description

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 comprising NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, NetApp Cloud Volumes Service for Google Cloud, NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense, and NetApp Cloud Volumes Edge Cache; and cloud operations services, such as NetApp Cloud Insights, Spot Ocean Kubernetes Suite, Spot Security, Spot Eco, and Spot CloudCheckr. In addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services. The company serves the energy, financial service, government, technology, internet, life science, healthcare service, manufacturing, media, entertainment, animation, video postproduction, and telecommunication markets through a direct sales force and an ecosystem of partners. NetApp, Inc. was incorporated in 1992 and is headquartered in San Jose, California.

Key trends

Past 5 years