NetApp Inc (NTAP) - Total Assets
Based on the latest financial reports, NetApp Inc (NTAP) holds total assets worth $9.63 Billion USD as of October 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore NetApp Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
NetApp Inc - Total Assets Trend (1996–2025)
This chart illustrates how NetApp Inc's total assets have evolved over time, based on quarterly financial data. See NetApp Inc shareholders equity for net asset value and shareholders' equity analysis.
NetApp Inc - Asset Composition Analysis
Current Asset Composition (April 2025)
NetApp Inc's total assets of $9.63 Billion consist of 54.1% current assets and 45.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 25.3% |
| Accounts Receivable | $1.25 Billion | 11.5% |
| Inventory | $186.00 Million | 1.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $43.00 Million | 0.4% |
| Goodwill | $2.72 Billion | 25.2% |
Asset Composition Trend (1996–2025)
This chart illustrates how NetApp Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see NetApp Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NetApp Inc's current assets represent 54.1% of total assets in 2025, a decrease from 88.9% in 1996.
- Cash Position: Cash and equivalents constituted 25.3% of total assets in 2025, down from 54.2% in 1996.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 0.0% in 1996.
- Asset Diversification: The largest asset category is goodwill at 25.2% of total assets.
NetApp Inc Competitors by Total Assets
Key competitors of NetApp Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
NortonLifeLock Inc
F:SYM
|
Germany | €15.83 Billion |
|
360 Security Technology Inc
SHG:601360
|
China | CN¥37.53 Billion |
|
Klarna Group plc
NYSE:KLAR
|
USA | $20.78 Billion |
|
Topicus.com Inc
V:TOI
|
Canada | CA$2.33 Billion |
|
Qi An Xin Technology Group Inc
SHG:688561
|
China | CN¥14.72 Billion |
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
DBAPPSecurity Co Ltd
SHG:688023
|
China | CN¥4.10 Billion |
|
Beijing VRV Software Corp Ltd
SHE:300352
|
China | CN¥1.75 Billion |
NetApp Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.34 | 0.91 | 1.68 |
| Quick Ratio | 1.30 | 0.84 | 1.64 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.18 Billion | $-378.00 Million | $2.06 Billion |
NetApp Inc - Advanced Valuation Insights
This section examines the relationship between NetApp Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 20.83 |
| Latest Market Cap to Assets Ratio | 1.95 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | $10.82 Billion |
| Market Capitalization | $21.09 Billion USD |
Valuation Analysis
Above Book Valuation: The market values NetApp Inc's assets above their book value (1.95x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: NetApp Inc's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for NetApp Inc (1996–2025)
The table below shows the annual total assets of NetApp Inc from 1996 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-04-30 | $10.82 Billion | +9.47% |
| 2024-04-30 | $9.89 Billion | +0.70% |
| 2023-04-30 | $9.82 Billion | -2.07% |
| 2022-04-30 | $10.03 Billion | +7.12% |
| 2021-04-30 | $9.36 Billion | +24.43% |
| 2020-04-30 | $7.52 Billion | -13.95% |
| 2019-04-30 | $8.74 Billion | -11.39% |
| 2018-04-30 | $9.87 Billion | +3.92% |
| 2017-04-30 | $9.49 Billion | -5.42% |
| 2016-04-30 | $10.04 Billion | +6.76% |
| 2015-04-30 | $9.40 Billion | +1.97% |
| 2014-04-30 | $9.22 Billion | -18.00% |
| 2013-04-30 | $11.24 Billion | +17.94% |
| 2012-04-30 | $9.53 Billion | +12.16% |
| 2011-04-30 | $8.50 Billion | +30.86% |
| 2010-04-30 | $6.49 Billion | +18.67% |
| 2009-04-30 | $5.47 Billion | +34.43% |
| 2008-04-30 | $4.07 Billion | +11.28% |
| 2007-04-30 | $3.66 Billion | +12.19% |
| 2006-04-30 | $3.26 Billion | +37.44% |
| 2005-04-30 | $2.37 Billion | +26.39% |
| 2004-04-30 | $1.88 Billion | +42.31% |
| 2003-04-30 | $1.32 Billion | +18.97% |
| 2002-04-30 | $1.11 Billion | +7.00% |
| 2001-04-30 | $1.04 Billion | +74.97% |
| 2000-04-30 | $592.23 Million | +70.99% |
| 1999-04-30 | $346.35 Million | +199.26% |
| 1998-04-30 | $115.74 Million | +67.88% |
| 1997-04-30 | $68.94 Million | +51.69% |
| 1996-04-30 | $45.45 Million | -- |
About NetApp Inc
NetApp, Inc. provides a range of enterprise software, systems, and services that customers use to transform their data infrastructures in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through two segments, Hybrid Cloud and Public Cloud. The company offers data management software, such as NetApp ONTAP, ONTAP One, NetApp Snapshot, NetA… Read more