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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFC's short term assets ($9.9B) exceed its short term liabilities ($9.3B).
Long Term Liabilities: NFC's short term assets ($9.9B) do not cover its long term liabilities ($18.2B).
Debt to Equity History and Analysis
Debt Level: NFC's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: NFC's debt to equity ratio has reduced from 180.7% to 65.6% over the past 5 years.
Debt Coverage: NFC's debt is well covered by operating cash flow (52.1%).
Interest Coverage: NFC's interest payments on its debt are well covered by EBIT (18.3x coverage).