Netflix Balance Sheet Health

Financial Health criteria checks 5/6

Netflix has a total shareholder equity of $20.6B and total debt of $14.5B, which brings its debt-to-equity ratio to 70.6%. Its total assets and total liabilities are $48.7B and $28.1B respectively. Netflix's EBIT is $7.0B making its interest coverage ratio 15.3. It has cash and short-term investments of $7.1B.

Key information

70.6%

Debt to equity ratio

US$14.54b

Debt

Interest coverage ratio15.3x
CashUS$7.14b
EquityUS$20.59b
Total liabilitiesUS$28.14b
Total assetsUS$48.73b

Recent financial health updates

Recent updates

Netflix: More Room To Run With Password Crackdown

Mar 15

Is Netflix, Inc. (NASDAQ:NFLX) Potentially Undervalued?

Mar 06
Is Netflix, Inc. (NASDAQ:NFLX) Potentially Undervalued?

Netflix Stock: A Hold After Recent Surge

Mar 04

Estimating The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)

Feb 23
Estimating The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)

Netflix: Unstoppable Juggernaut

Feb 19

Here's Why We Think Netflix (NASDAQ:NFLX) Is Well Worth Watching

Feb 11
Here's Why We Think Netflix (NASDAQ:NFLX) Is Well Worth Watching

Ensemble Fund - Netflix: Best Days Are Still Ahead

Feb 07

Netflix Demonstrates Why It Is The King Of Streaming In FQ4'23

Jan 30

Netflix, Inc. (NASDAQ:NFLX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$550

Jan 25
Netflix, Inc. (NASDAQ:NFLX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$550

Netflix Q4 2023 Outperformance Solidifies 3 Tailwinds For 2024 (Upgrade)

Jan 23

After A Strong Rally, Netflix's Upside Remains Huge

Jan 17

Is Netflix (NASDAQ:NFLX) A Risky Investment?

Jan 15
Is Netflix (NASDAQ:NFLX) A Risky Investment?

Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult

Dec 18
Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult

Why Netflix, Inc. (NASDAQ:NFLX) Could Be Worth Watching

Dec 04
Why Netflix, Inc. (NASDAQ:NFLX) Could Be Worth Watching

Returns At Netflix (NASDAQ:NFLX) Are On The Way Up

Nov 20
Returns At Netflix (NASDAQ:NFLX) Are On The Way Up

A Look At The Intrinsic Value Of Netflix, Inc. (NASDAQ:NFLX)

Nov 06
A Look At The Intrinsic Value Of Netflix, Inc. (NASDAQ:NFLX)

We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt

Sep 12
We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt

At US$416, Is Netflix, Inc. (NASDAQ:NFLX) Worth Looking At Closely?

Aug 28
At US$416, Is Netflix, Inc. (NASDAQ:NFLX) Worth Looking At Closely?

Netflix (NASDAQ:NFLX) Is Looking To Continue Growing Its Returns On Capital

Aug 14
Netflix (NASDAQ:NFLX) Is Looking To Continue Growing Its Returns On Capital

A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)

Aug 01
A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)

These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Reasonably Well

Jun 05
These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Reasonably Well

What Does Netflix, Inc.'s (NASDAQ:NFLX) Share Price Indicate?

May 22
What Does Netflix, Inc.'s (NASDAQ:NFLX) Share Price Indicate?

We Like These Underlying Return On Capital Trends At Netflix (NASDAQ:NFLX)

May 08
We Like These Underlying Return On Capital Trends At Netflix (NASDAQ:NFLX)

A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)

Apr 25
A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)

Financial Position Analysis

Short Term Liabilities: NFLX's short term assets ($9.9B) exceed its short term liabilities ($8.9B).

Long Term Liabilities: NFLX's short term assets ($9.9B) do not cover its long term liabilities ($19.3B).


Debt to Equity History and Analysis

Debt Level: NFLX's net debt to equity ratio (36%) is considered satisfactory.

Reducing Debt: NFLX's debt to equity ratio has reduced from 197.8% to 70.6% over the past 5 years.

Debt Coverage: NFLX's debt is well covered by operating cash flow (50%).

Interest Coverage: NFLX's interest payments on its debt are well covered by EBIT (15.3x coverage).


Balance Sheet


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