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 ratio | 22.2x |
| Cash | US$9.22b |
| Equity | US$22.72b |
| Total liabilities | US$29.56b |
| Total assets | US$52.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NFC1's short term assets ($12.1B) exceed its short term liabilities ($10.7B).
Long Term Liabilities: NFC1's short term assets ($12.1B) do not cover its long term liabilities ($18.9B).
Debt to Equity History and Analysis
Debt Level: NFC1's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: NFC1's debt to equity ratio has reduced from 181.1% to 70.3% over the past 5 years.
Debt Coverage: NFC1's debt is well covered by operating cash flow (46.9%).
Interest Coverage: NFC1's interest payments on its debt are well covered by EBIT (22.2x coverage).