NetApp, Inc. (NTAP) Current Ratio: 1.44
Is NetApp, Inc.’s current ratio high or low?
NetApp, Inc.'s current ratio of 1.44 is in line with its 5-year average of 1.41, around the middle of its 5-year range (1.19–1.74).
As of Thursday, June 11, 2026. 6.67% above its 12-month average of 1.35.
NTAP Current Ratio Chart
NTAP Average Current Ratio Chart
NTAP Current vs Average Current Ratio Chart
NTAP Current Ratio Metrics
CURRENT RATIO
1.44
CURRENT RATIO AVG TTM
1.35
CURRENT RATIO AVG 3Y
1.31
CURRENT RATIO AVG 5Y
1.41
CURRENT RATIO AVG 10Y
1.48
CURRENT RATIO AVG 15Y
1.70
CURRENT RATIO AVG 20Y
1.77
CURRENT VS TTM AVG
+6.67%
CURRENT VS 3Y AVG
+9.92%
CURRENT VS 5Y AVG
+1.89%
CURRENT VS 10Y AVG
-2.76%
CURRENT VS 15Y AVG
-15.39%
CURRENT VS 20Y AVG
-18.75%
NTAP Competitors' Current Ratio
| NAME | MARKET CAP | CURRENT RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | $31.48B | 1.44 | 1.35 | 1.31 | 1.41 |
| Twilio Inc. (TWLO) | $30.91B | 4.03 | 4.12 | 5.26 | 6.17 |
| Roblox Corporation (RBLX) | $30.25B | 0.96 | 0.99 | 1.15 | 1.25 |
| ANSYS, Inc. (ANSS) | $32.91B | 3.01 | 2.65 | 3.00 | 3.27 |
| Ubiquiti Inc. (UI) | $33.74B | 1.65 | 2.44 | 2.55 | 2.49 |
| Fiserv, Inc. (FI) | $34.31B | 1.03 | 1.04 | 1.04 | 1.04 |
| MongoDB, Inc. (MDB) | $28.35B | 4.65 | 4.93 | 4.51 | 4.21 |
| Workday, Inc. (WDAY) | $34.66B | 1.32 | 1.58 | 1.70 | 1.48 |
| Fiserv, Inc. (FISV) | $27.79B | 1.03 | 1.04 | 1.04 | 1.04 |
| Tower Semiconductor Ltd. (TSEM) | $27.38B | 6.48 | 6.33 | 5.67 | 5.18 |
Liquidity Analysis
Current Ratio
1.44
Quick Ratio
1.39
NetApp, Inc. Current Ratio Formula & Definition
Current Ratio = Current Assets / Current Liabilities
The current ratio measures short-term liquidity — a company's ability to cover current liabilities with current assets. Above 1.0 indicates positive working capital.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
NetApp, Inc. Current Ratio FAQ
- What is the current ratio for NetApp, Inc. (NTAP)?
- The current ratio for NTAP stock is 1.44.
- Is NetApp, Inc.'s current ratio high or low?
- NetApp, Inc.'s current ratio of 1.44 is in line with its 5-year average of 1.41, around the middle of its 5-year range (1.19–1.74).
- What is the TTM average current ratio for NetApp, Inc. (NTAP)?
- The TTM average current ratio for NTAP stock is 1.35.
- What is the 3Y average current ratio for NetApp, Inc. (NTAP)?
- The 3Y average current ratio for NTAP stock is 1.31.
- What is the 5Y average current ratio for NetApp, Inc. (NTAP)?
- The 5Y average current ratio for NTAP stock is 1.41.
- What is the 10Y average current ratio for NetApp, Inc. (NTAP)?
- The 10Y average current ratio for NTAP stock is 1.48.
- What is the 15Y average current ratio for NetApp, Inc. (NTAP)?
- The 15Y average current ratio for NTAP stock is 1.70.
- What is the 20Y average current ratio for NetApp, Inc. (NTAP)?
- The 20Y average current ratio for NTAP stock is 1.77.
NetApp, Inc. Current Ratio History
| DATE | CURRENT RATIO |
|---|---|
| 2026-04-24 | 1.44 |
| 2025-04-30 | 1.26 |
| 2024-04-30 | 1.19 |
| 2023-04-30 | 1.35 |
| 2022-04-30 | 1.50 |
| 2021-04-30 | 1.74 |
| 2020-04-30 | 1.18 |
| 2019-04-30 | 1.45 |
| 2018-04-30 | 1.89 |
| 2017-04-30 | 1.53 |
| 2016-04-30 | 1.76 |
| 2015-04-30 | 2.50 |
| 2014-04-30 | 2.40 |
| 2013-04-30 | 2.20 |
| 2012-04-30 | 1.94 |
| 2011-04-30 | 1.90 |
| 2010-04-30 | 2.37 |
| 2009-04-30 | 2.05 |
| 2008-04-30 | 1.46 |
| 2007-04-30 | 1.89 |
| 2006-04-30 | 2.22 |
| 2005-04-30 | 3.03 |
| 2004-04-30 | 3.16 |
| 2003-04-30 | 3.22 |
| 2002-04-30 | 3.15 |
| 2001-04-30 | 2.90 |
| 2000-04-30 | 4.70 |
| 1999-04-30 | 6.24 |
| 1998-04-30 | 3.38 |
| 1997-04-30 | 3.85 |
Related Metrics
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