Market Cap : 13.89 B | Enterprise Value : 12.69 B | PE Ratio : 15.31 | PB Ratio : 16.48 |
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NetApp's cash to debt ratio for the quarter that ended in Apr. 2022 was 1.41.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, NetApp could pay off its debt using the cash in hand for the quarter that ended in Apr. 2022.
The historical rank and industry rank for NetApp's Cash-to-Debt or its related term are showing as below:
During the past 13 years, NetApp's highest Cash to Debt Ratio was No Debt. The lowest was 1.41. And the median was 4.50.
NTAP's Cash-to-Debt is ranked better thanThe historical data trend for NetApp's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Computer Hardware subindustry, NetApp's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Hardware industry and Technology sector, NetApp's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where NetApp's Cash-to-Debt falls into.
This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
NetApp's Cash to Debt Ratio for the fiscal year that ended in Apr. 2022 is calculated as:
Cash to Debt Ratio | = | Cash, Cash Equivalents, Marketable Securities | / | Total Debt | ||
= | Cash, Cash Equivalents, Marketable Securities | / | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | |
= | 4134 | / | (297 | + | 2643) | |
= | 1.41 |
NetApp's Cash to Debt Ratio for the quarter that ended in Apr. 2022 is calculated as:
Cash to Debt Ratio | = | Cash, Cash Equivalents, Marketable Securities | / | Total Debt | ||
= | Cash, Cash Equivalents, Marketable Securities | / | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | |
= | 4134 | / | (297 | + | 2643) | |
= | 1.41 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Thank you for viewing the detailed overview of NetApp's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
Allen Scott R. | officer: SVP, Chief Accounting Officer | 11690 N.W. 105TH STREET MIAMI FL 33178 |
Anderson Brad | officer: EVP, SSSBU and CIBU | ONE DELL WAY ROUND ROCK TX 78682 |
Hill Kathryn | director | 7 WORLD TRADE CENTER 250 GREENWICH STREET NEW YORK NY 10007 |
Ahuja Deepak | director | C/O TESLA MOTORS, INC. 3500 DEER CREEK ROAD PALO ALTO CA 94304 |
Schenkel Scott F. | director | C/O EBAY INC. 2025 HAMILTON AVE. SAN JOSE CA 95125 |
Kerr Deborah | director | 901 MARQUETTE AVENUE SUITE 3200 MINNEAPOLIS MN 55402 |
Nevens Thomas Michael | director | C/O BORLAND SOFTWARE CORPORATION 20450 STEVENS CREEK BLVD, SUITE 800 CUPERTINO CA 95014 |
Shaheen George T | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SHAHEEN GEORGE T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Held Gerald | director | PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HELD GERALD a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
Cernuda Cesar | officer: President | 1395 CROSSMAN AVENUE SUNNYVALE CA 94089 |
Berry Michael J | officer: EVP Finance & Operations, CFO | C/O INFORMATICA CORPORATION 2100 SEAPORT BOULEVARD REDWOOD CITY CA 94063 |
Fawcett Matthew K | officer: SVP, GC & Secretary | 495 EAST JAVA DRIVE SUNNYVALE CA 94089 |
Kurian George | director, officer: CEO | C/O NETAPP 495 E. JAVA DRIVE SUNNYVALE CA 94089 |
Pasek Ronald J | officer: EVP Finance & Operations, CFO | 101 INNOVATION DRIVE SAN JOSE CA 95134 |
Richard Henri P | officer: EVP, Go To Market | FREESCALE SEMICONDUCTOR, INC. 2680 ZANKER RD, SUITE 200 SAN JOSE CA 95134 |
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