NetApp Inc (NTAP) — Net Asset Quality Index

Latest as of October 2025: 10.2%

NetApp Inc (NTAP) has a Net Asset Quality Index of 10.2% as of October 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $9.63 Billion minus total liabilities of $8.64 Billion yields net assets of $986.00 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check NetApp Inc (NTAP) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

10.2%
Equity / Total Assets

Net Assets

$986.00 Million
USD

Total Assets

$9.63 Billion
USD

Total Liabilities

$8.64 Billion
USD

NetApp Inc Net Asset Quality Index Over Time (1996–2025)

This chart shows how NetApp Inc's Net Asset Quality Index has evolved across 30 annual periods from 1996 to 2025. As of October 2025, the index stands at 10.2%, representing net assets of $986.00 Million against total assets of $9.63 Billion USD. See working capital to net assets of NetApp Inc to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for NetApp Inc (1996–2025)

The table below presents the year-by-year Net Asset Quality Index for NetApp Inc from 1996 to 2025, covering 30 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see NetApp Inc market capitalisation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 9.6% $1.04 Billion $10.82 Billion $9.78 Billion ▼ -2.0 pp
2024 11.6% $1.15 Billion $9.89 Billion $8.74 Billion ▼ -0.2 pp
2023 11.8% $1.16 Billion $9.82 Billion $8.66 Billion ▲ +3.4 pp
2022 8.4% $838.00 Million $10.03 Billion $9.19 Billion ▲ +1.0 pp
2021 7.3% $685.00 Million $9.36 Billion $8.68 Billion ▲ +4.1 pp
2020 3.2% $242.00 Million $7.52 Billion $7.28 Billion ▼ -9.3 pp
2019 12.5% $1.09 Billion $8.74 Billion $7.65 Billion ▼ -8.5 pp
2018 21.0% $2.07 Billion $9.87 Billion $7.80 Billion ▼ -8.3 pp
2017 29.3% $2.78 Billion $9.49 Billion $6.71 Billion ▲ +0.6 pp
2016 28.7% $2.88 Billion $10.04 Billion $7.16 Billion ▼ -7.6 pp
2015 36.3% $3.41 Billion $9.40 Billion $5.99 Billion ▼ -4.8 pp
2014 41.1% $3.79 Billion $9.22 Billion $5.43 Billion ▼ -0.9 pp
2013 42.0% $4.72 Billion $11.24 Billion $6.52 Billion ▼ -3.7 pp
2012 45.7% $4.36 Billion $9.53 Billion $5.18 Billion ▲ +0.5 pp
2011 45.2% $3.84 Billion $8.50 Billion $4.65 Billion ▲ +6.3 pp
2010 39.0% $2.53 Billion $6.49 Billion $3.96 Billion ▲ +8.6 pp
2009 30.4% $1.66 Billion $5.47 Billion $3.81 Billion ▼ -11.4 pp
2008 41.8% $1.70 Billion $4.07 Billion $2.37 Billion ▼ -12.6 pp
2007 54.4% $1.99 Billion $3.66 Billion $1.67 Billion ▼ -4.6 pp
2006 59.0% $1.92 Billion $3.26 Billion $1.34 Billion ▼ -11.0 pp
2005 70.0% $1.66 Billion $2.37 Billion $711.84 Million ▼ -5.4 pp
2004 75.4% $1.42 Billion $1.88 Billion $461.42 Million ▲ +0.6 pp
2003 74.8% $987.36 Million $1.32 Billion $331.82 Million ▼ -2.6 pp
2002 77.4% $858.48 Million $1.11 Billion $250.33 Million ▼ -0.2 pp
2001 77.6% $804.45 Million $1.04 Billion $231.80 Million ▼ -3.2 pp
2000 80.8% $478.75 Million $592.23 Million $113.49 Million ▼ -4.5 pp
1999 85.4% $295.72 Million $346.35 Million $50.62 Million ▲ +10.8 pp
1998 74.5% $86.27 Million $115.74 Million $29.47 Million ▼ -3.8 pp
1997 78.4% $54.03 Million $68.94 Million $14.91 Million ▼ -7.5 pp
1996 85.9% $39.03 Million $45.45 Million $6.42 Million
pp = percentage points