Netflix Balance Sheet Health
Financial Health criteria checks 4/6
Netflix has a total shareholder equity of $22.1B and total debt of $14.0B, which brings its debt-to-equity ratio to 63.2%. Its total assets and total liabilities are $49.1B and $27.0B respectively. Netflix's EBIT is $8.6B making its interest coverage ratio 20.9. It has cash and short-term investments of $6.7B.
Key information
63.2%
Debt to equity ratio
US$13.98b
Debt
| Interest coverage ratio | 20.9x |
| Cash | US$6.66b |
| Equity | US$22.11b |
| Total liabilities | US$26.99b |
| Total assets | US$49.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 001413346's short term assets ($9.6B) do not cover its short term liabilities ($10.1B).
Long Term Liabilities: 001413346's short term assets ($9.6B) do not cover its long term liabilities ($16.8B).
Debt to Equity History and Analysis
Debt Level: 001413346's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: 001413346's debt to equity ratio has reduced from 206.3% to 63.2% over the past 5 years.
Debt Coverage: 001413346's debt is well covered by operating cash flow (51.2%).
Interest Coverage: 001413346's interest payments on its debt are well covered by EBIT (20.9x coverage).