Netflix Balance Sheet Health

Financial Health criteria checks 5/6

Netflix has a total shareholder equity of $22.7B and total debt of $16.0B, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are $52.3B and $29.6B respectively. Netflix's EBIT is $9.6B making its interest coverage ratio 22.2. It has cash and short-term investments of $9.2B.

Key information

70.3%

Debt to equity ratio

US$15.98b

Debt

Interest coverage ratio22.2x
CashUS$9.22b
EquityUS$22.72b
Total liabilitiesUS$29.56b
Total assetsUS$52.28b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NFC's short term assets ($12.1B) exceed its short term liabilities ($10.7B).

Long Term Liabilities: NFC's short term assets ($12.1B) do not cover its long term liabilities ($18.9B).


Debt to Equity History and Analysis

Debt Level: NFC's net debt to equity ratio (29.7%) is considered satisfactory.

Reducing Debt: NFC's debt to equity ratio has reduced from 181.1% to 70.3% over the past 5 years.

Debt Coverage: NFC's debt is well covered by operating cash flow (46.9%).

Interest Coverage: NFC's interest payments on its debt are well covered by EBIT (22.2x coverage).


Balance Sheet


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