Netflix Balance Sheet Health
Financial Health criteria checks 5/6
Netflix has a total shareholder equity of $21.4B and total debt of $14.0B, which brings its debt-to-equity ratio to 65.6%. Its total assets and total liabilities are $48.8B and $27.5B respectively. Netflix's EBIT is $7.9B making its interest coverage ratio 18.3. It has cash and short-term investments of $7.0B.
Key information
65.6%
Debt to equity ratio
US$14.02b
Debt
| Interest coverage ratio | 18.3x |
| Cash | US$7.05b |
| Equity | US$21.37b |
| Total liabilities | US$27.46b |
| Total assets | US$48.83b |
Recent financial health updates
Is Netflix (NASDAQ:NFLX) Using Too Much Debt?
May 21
Is Netflix (NASDAQ:NFLX) A Risky Investment?
Jan 15We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt
Sep 12Recent updates
Netflix Added To Model Portfolio As Investors Buy On Weakness (Technical Analysis)
Jun 05Do Netflix's (NASDAQ:NFLX) Earnings Warrant Your Attention?
Jun 02Netflix Has Become Too Pricey
May 30Is Netflix (NASDAQ:NFLX) Using Too Much Debt?
May 21Heavyweight Showdown Looms As Netflix Muscles In On This Bull Run (Technical Analysis)
May 21How Netflix Continues To Unlock Shareholder Value
May 14Results: Netflix, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 20Netflix: I Am Cashing Out
Apr 20Netflix: Focus On The Long-Term Story Heading Into Q1
Apr 13Netflix: Novelty In Content Drives Rich Reinvestment Cycles Of Growth
Apr 03Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult
Mar 30Netflix: More Room To Run With Password Crackdown
Mar 15Is Netflix, Inc. (NASDAQ:NFLX) Potentially Undervalued?
Mar 06Netflix Stock: A Hold After Recent Surge
Mar 04Estimating The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Feb 23Netflix: Unstoppable Juggernaut
Feb 19Here's Why We Think Netflix (NASDAQ:NFLX) Is Well Worth Watching
Feb 11Ensemble Fund - Netflix: Best Days Are Still Ahead
Feb 07Netflix Demonstrates Why It Is The King Of Streaming In FQ4'23
Jan 30Netflix, Inc. (NASDAQ:NFLX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$550
Jan 25Netflix Q4 2023 Outperformance Solidifies 3 Tailwinds For 2024 (Upgrade)
Jan 23After A Strong Rally, Netflix's Upside Remains Huge
Jan 17Is Netflix (NASDAQ:NFLX) A Risky Investment?
Jan 15Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult
Dec 18Why Netflix, Inc. (NASDAQ:NFLX) Could Be Worth Watching
Dec 04Returns At Netflix (NASDAQ:NFLX) Are On The Way Up
Nov 20A Look At The Intrinsic Value Of Netflix, Inc. (NASDAQ:NFLX)
Nov 06We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt
Sep 12At US$416, Is Netflix, Inc. (NASDAQ:NFLX) Worth Looking At Closely?
Aug 28Netflix (NASDAQ:NFLX) Is Looking To Continue Growing Its Returns On Capital
Aug 14A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Aug 01Financial Position Analysis
Short Term Liabilities: NFLX's short term assets ($9.9B) exceed its short term liabilities ($9.3B).
Long Term Liabilities: NFLX's short term assets ($9.9B) do not cover its long term liabilities ($18.2B).
Debt to Equity History and Analysis
Debt Level: NFLX's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: NFLX's debt to equity ratio has reduced from 180.7% to 65.6% over the past 5 years.
Debt Coverage: NFLX's debt is well covered by operating cash flow (52.1%).
Interest Coverage: NFLX's interest payments on its debt are well covered by EBIT (18.3x coverage).