NetApp, Inc. (NTAP) Debt to Assets Ratio: 0.25%
The debt to assets ratio for NetApp, Inc. (NTAP) is 0.25% as of Wednesday, June 10, 2026.
NTAP Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.25%
NTAP Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| NetApp, Inc. (NTAP) | $31.83B | 0.25% |
| Twilio Inc. (TWLO) | $31.43B | 0.11% |
| ANSYS, Inc. (ANSS) | $32.91B | 0.10% |
| Ubiquiti Inc. (UI) | $33.74B | 0.20% |
| Roblox Corporation (RBLX) | $29.71B | 0.17% |
| Fiserv, Inc. (FI) | $34.31B | 0.36% |
| Fiserv, Inc. (FISV) | $28.41B | 0.36% |
| MongoDB, Inc. (MDB) | $28.01B | 0.01% |
| Workday, Inc. (WDAY) | $36.01B | 0.21% |
| Zoom Communications, Inc. (ZM) | $27.55B | 0.00% |
Leverage Ratios Comparison
Debt/Assets
0.3%
Debt/Equity
2.02
Current Ratio
1.44
Interest Coverage
20.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
NetApp, Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for NetApp, Inc. (NTAP)?
- The debt to assets ratio for NTAP stock is 0.25%.
About NetApp, Inc.
NetApp, Inc. is a technology company focused on providing cloud-centric and data-driven services that enable businesses worldwide to efficiently manage and share their information across on-premises infrastructure, private cloud setups, and public cloud platforms. The company's operations are divided into two key segments: Hybrid Cloud and Public Cloud. NetApp offers an extensive suite of intelligent data management software, including its foundational NetApp ONTAP, NetApp Snapshot for data protection, NetApp SnapCenter for backup management, NetApp SnapMirror for data replication, NetApp SnapLock for data compliance, NetApp ElementOS software, and NetApp SANtricity software. Its storage infrastructure solutions comprise the NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp FlexPod integrated systems, NetApp E/EF series, NetApp StorageGRID object storage, and NetApp SolidFire solutions. For cloud environments, NetApp delivers a wide array of cloud storage and data services such as NetApp Cloud Volumes ONTAP, Azure NetApp Files, Amazon FSx for NetApp ONTAP, and NetApp Cloud Volumes Service for Google Cloud. These are augmented by services like NetApp Cloud Sync, NetApp Cloud Tiering, NetApp Cloud Backup, NetApp Cloud Data Sense for analytics, and NetApp Cloud Volumes Edge Cache. The company also provides cloud operations services, which include NetApp Cloud Insights, the Spot Ocean Kubernetes Suite, Spot Security, Spot Eco for cost optimization, and Spot CloudCheckr. Moreover, NetApp offers application-aware data management solutions under its NetApp Astra brand. Its service portfolio is rounded out by comprehensive professional and support services, encompassing strategic consulting, managed services, and dedicated support, in addition to assessment, design, implementation, and migration services. NetApp serves a broad spectrum of industries globally, including energy, financial services, government, technology, internet, life sciences, healthcare, manufacturing, media, entertainment, animation, video post-production, and telecommunications. The company reaches its clientele through a direct sales force and a robust network of partners. NetApp, Inc. was founded in 1992 and is headquartered in San Jose, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- George Kurian