NTAP Current Ratio Analysis

The current ratio of 1.44x means NTAP has $1.44 in current assets—like cash, receivables, and inventory—available to cover each $1 of liabilities due within a year, so the company can comfortably pay short-term obligations.

Relative to sector peers, this is above the sector median of 1.21x, placing NTAP at the 62nd percentile, meaning it has better short-term liquidity than roughly 62% of comparable companies. The trend information is not available: the year-over-year change is N/A and the quarter-over-quarter change is N/A, so there is no historical direction to evaluate from the data provided. The combination of a healthy 1.44x level and an unknown trend suggests current liquidity is a modest positive, but without trend data there is no evidence of improving or deteriorating balance-sheet strength. This metric supports the overall NEUTRAL verdict because the liquidity position is solid but not exceptional, and the absence of trend data prevents any stronger conclusion. It neither contradicts nor amplifies the neutral stance, leaving the stock’s risk profile unchanged from this single snapshot.

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