NetApp Inc Working Capital to Net Assets Ratio
NetApp Inc working capital to net assets ratio. NetApp Inc (NTAP) has a Working Capital to Net Assets ratio of 120.1% as of October 2025. Working capital of $1.18 Billion (current assets of $4.65 Billion minus current liabilities of $3.47 Billion) is measured against net assets of $986.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of NetApp Inc (1996–2025)
Working capital to net assets ratio of NetApp Inc from 1996 to 2025. This chart shows how NetApp Inc's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1996 to 2025. As of October 2025, the ratio stands at 120.1%, reflecting working capital of $1.18 Billion against net assets of $986.00 Million USD. Explore long-term investment intensity of NetApp Inc to see how much of total assets are deployed in long-term investments.
NetApp Inc Working Capital to Net Assets Ratio by Year (1996–2025)
NetApp Inc working capital to net assets ratio by year from 1996 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for NetApp Inc from 1996 to 2025, covering 30 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see NetApp Inc asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 114.3% | $1.19 Billion | $1.04 Billion | $5.85 Billion | $4.66 Billion | ▲ +45.3 pp |
| 2024 | 69.0% | $791.00 Million | $1.15 Billion | $4.90 Billion | $4.11 Billion | ▼ -35.6 pp |
| 2023 | 104.7% | $1.21 Billion | $1.16 Billion | $4.68 Billion | $3.47 Billion | ▼ -133.0 pp |
| 2022 | 237.7% | $1.99 Billion | $838.00 Million | $5.95 Billion | $3.95 Billion | ▼ -134.4 pp |
| 2021 | 372.1% | $2.55 Billion | $685.00 Million | $6.00 Billion | $3.45 Billion | ▲ +100.2 pp |
| 2020 | 271.9% | $658.00 Million | $242.00 Million | $4.27 Billion | $3.62 Billion | ▲ +112.0 pp |
| 2019 | 159.9% | $1.74 Billion | $1.09 Billion | $5.61 Billion | $3.87 Billion | ▲ +3.5 pp |
| 2018 | 156.4% | $3.23 Billion | $2.07 Billion | $6.86 Billion | $3.62 Billion | ▲ +78.7 pp |
| 2017 | 77.7% | $2.16 Billion | $2.78 Billion | $6.20 Billion | $4.04 Billion | ▼ -19.0 pp |
| 2016 | 96.7% | $2.79 Billion | $2.88 Billion | $6.45 Billion | $3.66 Billion | ▼ -22.3 pp |
| 2015 | 119.0% | $4.06 Billion | $3.41 Billion | $6.77 Billion | $2.71 Billion | ▲ +19.3 pp |
| 2014 | 99.7% | $3.78 Billion | $3.79 Billion | $6.47 Billion | $2.69 Billion | ▲ +2.5 pp |
| 2013 | 97.2% | $4.59 Billion | $4.72 Billion | $8.42 Billion | $3.83 Billion | ▲ +21.3 pp |
| 2012 | 75.9% | $3.31 Billion | $4.36 Billion | $6.83 Billion | $3.52 Billion | ▼ -2.7 pp |
| 2011 | 78.6% | $3.02 Billion | $3.84 Billion | $6.39 Billion | $3.37 Billion | ▼ -25.2 pp |
| 2010 | 103.8% | $2.63 Billion | $2.53 Billion | $4.54 Billion | $1.91 Billion | ▼ -2.1 pp |
| 2009 | 105.8% | $1.76 Billion | $1.66 Billion | $3.44 Billion | $1.68 Billion | ▲ +67.4 pp |
| 2008 | 38.4% | $653.33 Million | $1.70 Billion | $2.07 Billion | $1.41 Billion | ▼ -14.5 pp |
| 2007 | 53.0% | $1.05 Billion | $1.99 Billion | $2.24 Billion | $1.19 Billion | ▼ -5.1 pp |
| 2006 | 58.0% | $1.12 Billion | $1.92 Billion | $2.03 Billion | $917.16 Million | ▼ -5.5 pp |
| 2005 | 63.6% | $1.06 Billion | $1.66 Billion | $1.58 Billion | $520.19 Million | ▲ +10.9 pp |
| 2004 | 52.6% | $745.01 Million | $1.42 Billion | $1.09 Billion | $344.22 Million | ▼ -7.0 pp |
| 2003 | 59.6% | $588.48 Million | $987.36 Million | $853.49 Million | $265.02 Million | ▲ +5.6 pp |
| 2002 | 54.0% | $463.57 Million | $858.48 Million | $679.13 Million | $215.56 Million | ▲ +2.2 pp |
| 2001 | 51.8% | $416.74 Million | $804.45 Million | $635.52 Million | $218.77 Million | ▼ -35.8 pp |
| 2000 | 87.6% | $419.57 Million | $478.75 Million | $533.00 Million | $113.43 Million | ▼ -1.9 pp |
| 1999 | 89.5% | $264.82 Million | $295.72 Million | $315.35 Million | $50.53 Million | ▲ +8.8 pp |
| 1998 | 80.7% | $69.63 Million | $86.27 Million | $98.94 Million | $29.31 Million | ▲ +3.1 pp |
| 1997 | 77.6% | $41.92 Million | $54.03 Million | $56.62 Million | $14.70 Million | ▼ -10.2 pp |
| 1996 | 87.8% | $34.28 Million | $39.03 Million | $40.40 Million | $6.12 Million | — |