Current Ratio

The current ratio of 1.44x means NTAP has $1.44 in current assets (like cash and receivables) for every $1.00 of short-term liabilities, indicating a comfortable liquidity buffer.

This sits above the sector median of 1.20x and places NTAP in the 63rd percentile among its peers, showing a stronger-than-average ability to cover near-term obligations. However, no trend data is available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and the metric has only one reported value. Without a trend, investors cannot assess whether liquidity is improving or deteriorating, introducing uncertainty despite the solid current level. The combination of a healthy ratio above the median with no directional information suggests moderate liquidity risk—neither a clear opportunity nor a red flag. This neutral liquidity position supports the overall NEUTRAL verdict on the stock, as it neither strengthens nor weakens the case for buying or selling.

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