Debt to Equity Ratio Analysis of NetApp Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Apr-23
Poor Debt to Equity
2.10
Period Ending - Apr-22
Very Poor Debt to Equity
3.20
Growth
-34.35 %
Most recent Quarter Debt to Equity
Period Ending - Jan-24
Poor Debt to Equity
2.45
Debt to Equity Analysis of NetApp Inc
| Debt to Equity Ratio of NTAP drastically fell by -34.35 % this year. |
| Debt to Equity Ratio with value of 7.10 was highest in Year Apr-20 in last Five Years. |
| Debt to Equity Ratio of NTAP trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 2.10 is lower than Average Debt to Equity of 3.59 in last five years. |
Other Debt to Equity Related Info of NTAP that may interest you.
NetApp Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| NTAP | 120.43 | 116.5 | 3.37 % | Computer Hardware |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Debt to Equity Ratio of NetApp Inc
| Period | Apr-23 | Apr-22 | Apr-21 | Apr-20 | Apr-19 | Apr-18 | Apr-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 2.10 | 3.20 | 3.91 | 7.10 | 1.64 | 0.932 | 0.764 |
| Change | -34.35 % | -18.20 % | -44.90 % | 331.82 % | 76.54 % | 22.01 % | -5.94 % |
FY Chart of Debt to Equity Ratio of NetApp Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)