Dollar Amounts
USD (Millions)
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Assets | $1,106 | $1,079 | $1,020 | $847 | $850 |
| Liabilities | $417 | $382 | $399 | $312 | $309 |
| Equity | $689 | $697 | $621 | $535 | $541 |
Balance sheet data in USD (millions)
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Edwyn
Over the past five years, NETGEAR, Inc. has experienced some fluctuations in its financial position. Total assets have shown a slight decrease from 1106.039 million USD in 2020 to 850.23 million USD in 2024. This decline could be attributed to various factors such as changes in market conditions, strategic business decisions, or asset write-downs. On the other hand, total liabilities have decreased from 416.655 million USD in 2020 to 309.164 million USD in 2024, indicating a positive trend in managing debt levels. Stockholders' equity has also fluctuated, reaching its lowest point in 2023 at 535.495 million USD before rebounding slightly in 2024 to 541.066 million USD. The decrease in total assets and liabilities could suggest that NETGEAR, Inc. has been focusing on optimizing its asset base and reducing debt levels to strengthen its financial position. The fluctuation in stockholders' equity may reflect changes in profitability, dividend payments, or capital raising activities. It would be beneficial to delve deeper into the company's financial statements and performance metrics to understand the underlying reasons for these trends. In the context of the industry, these fluctuations could be influenced by competitive pressures, technological advancements, or shifts in consumer preferences impacting NETGEAR's business operations and financial outcomes.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.