Is it safe?
Can NTAP take a bad year?
NetApp holds $1.10B more cash than debt, so a bad year is a question about profits, not about lenders.
$1.10B
Net cash
- Net debt / EBITDA
- net cash
Net debt / EBITDA · no net borrowings to measure against earnings
- Altman Z-score
- 3.28
Altman Z-score · safe zone, above 3
- Interest cover
- 15.4×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ4 2026
- $2.49B
- Cash and short-term investments
- $3.58B
- Net cash
- $1.10B
- EBITDA, trailing twelve months
- $1.78B
- Operating profit, trailing twelve months
- $1.67B
- Debt / equity
- 1.84×
- Total debt / EBITDA
- 1.39×
- Annualised volatilitytwo years of daily moves
- 41%
- Worst drawdown on file
- −58%
- Below its 52-week high
- −6.4%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Software - Infrastructure
Ranks #12 of 78 by Smart Score