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NetApp, Inc. (NTAP) Quick Ratio (Acid-Test): 1.39

Is NetApp, Inc.’s quick ratio (acid-test) high or low?

NetApp, Inc.'s quick ratio (acid-test) of 1.39 is in line with its 5-year average of 1.37, around the middle of its 5-year range (1.15–1.71).

As of Sunday, June 14, 2026. 6.51% above its 12-month average of 1.30.

NTAP Quick Ratio (Acid-Test) Chart

NTAP Quick Ratio (Acid-Test)
1.39+13.93% 1Y
Zoom

NTAP Average Quick Ratio (Acid-Test) Chart

NTAP Current vs Average Quick Ratio (Acid-Test) Chart

NTAP Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.39

QUICK RATIO (ACID-TEST) AVG TTM

1.30

QUICK RATIO (ACID-TEST) AVG 3Y

1.26

QUICK RATIO (ACID-TEST) AVG 5Y

1.37

QUICK RATIO (ACID-TEST) AVG 10Y

1.44

QUICK RATIO (ACID-TEST) AVG 15Y

1.66

QUICK RATIO (ACID-TEST) AVG 20Y

1.73

CURRENT VS TTM AVG

+6.51%

CURRENT VS 3Y AVG

+9.88%

CURRENT VS 5Y AVG

+1.46%

CURRENT VS 10Y AVG

-3.59%

CURRENT VS 15Y AVG

-16.33%

CURRENT VS 20Y AVG

-19.61%

NTAP Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
NetApp, Inc. (NTAP)$31.66B1.391.301.261.37
Roblox Corporation (RBLX)vs ›$31.01B0.960.991.151.25
Twilio Inc. (TWLO)vs ›$30.97B4.034.125.266.17
ANSYS, Inc. (ANSS)vs ›$32.91B3.012.653.063.33
Tower Semiconductor Ltd. (TSEM)vs ›$29.38B5.515.374.744.29
Workday, Inc. (WDAY)vs ›$34.26B1.321.581.701.48
Fiserv, Inc. (FI)vs ›$34.31B1.031.041.041.04
Fiserv, Inc. (FISV)vs ›$28.68B1.031.041.041.04
Everpure, Inc (PSTG)vs ›$28.49B1.561.571.581.72
Ubiquiti Inc. (UI)vs ›$35.63B0.701.151.171.24

Liquidity Comparison

Quick Ratio

1.39

Excludes inventory

Current Ratio

1.44

Includes inventory

NetApp, Inc. Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

NetApp, Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The quick ratio (acid-test) for NTAP stock is 1.39.
Is NetApp, Inc.'s quick ratio (acid-test) high or low?
NetApp, Inc.'s quick ratio (acid-test) of 1.39 is in line with its 5-year average of 1.37, around the middle of its 5-year range (1.15–1.71).
What is the TTM average quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The TTM average quick ratio (acid-test) for NTAP stock is 1.30.
What is the 3Y average quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The 3Y average quick ratio (acid-test) for NTAP stock is 1.26.
What is the 5Y average quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The 5Y average quick ratio (acid-test) for NTAP stock is 1.37.
What is the 10Y average quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The 10Y average quick ratio (acid-test) for NTAP stock is 1.44.
What is the 15Y average quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The 15Y average quick ratio (acid-test) for NTAP stock is 1.66.
What is the 20Y average quick ratio (acid-test) for NetApp, Inc. (NTAP)?
The 20Y average quick ratio (acid-test) for NTAP stock is 1.73.

NetApp, Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-04-241.39
2025-04-301.22
2024-04-301.15
2023-04-301.30
2022-04-301.45
2021-04-301.71
2020-04-301.14
2019-04-301.42
2018-04-301.86
2017-04-301.49
2016-04-301.73
2015-04-302.45
2014-04-302.36
2013-04-302.16
2012-04-301.89
2011-04-301.86
2010-04-302.32
2009-04-302.01
2008-04-301.41
2007-04-301.84
2006-04-302.15
2005-04-302.95
2004-04-303.07
2003-04-303.10
2002-04-303.04
2001-04-302.80
2000-04-304.52
1999-04-305.97
1998-04-303.08
1997-04-303.18

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.

San Jose, CA
11,800 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
George Kurian