NetApp (LTS:0K6F) Interest Expense : $-48 Mil (TTM As of Apr. 2024)

View and export this data going back to 2018. Start your Free Trial

What is NetApp Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NetApp's interest expense for the three months ended in Apr. 2024 was $ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2024 was $-48 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. NetApp's Operating Income for the three months ended in Apr. 2024 was $ 367 Mil. NetApp's Interest Expense for the three months ended in Apr. 2024 was $ 0 Mil. GuruFocus does not calculate NetApp's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NetApp Interest Expense Historical Data

The historical data trend for NetApp's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NetApp Interest Expense Chart

NetApp Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Interest Expense

Get a 7-Day Free Trial

-55.00

-74.00

-73.00

-67.00

NetApp Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Interest Expense	Get a 7-Day Free Trial															-16.00	-16.00	-15.00	-17.00	-

NetApp Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48 Mil.

NetApp (LTS:0K6F) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

NetApp's Interest Expense for the three months ended in Apr. 2024 was $0 Mil. Its Operating Income for the three months ended in Apr. 2024 was $367 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2024 was $1,992 Mil.

NetApp's Interest Coverage for the quarter that ended in Apr. 2024 is calculated as

GuruFocus does not calculate NetApp's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

NetApp (LTS:0K6F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NetApp Inc (LTS:0K6F) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

NTAP:USA NTA:Germany

Address

3060 Olsen Drive, San Jose, CA, USA, 95128

Website

https://www.netapp.com

NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

NetApp (LTS:0K6F) Headlines

No Headlines