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 ratio | 15.3x |
Cash | US$7.14b |
Equity | US$20.59b |
Total liabilities | US$28.14b |
Total assets | US$48.73b |
Recent financial health updates
Is Netflix (NASDAQ:NFLX) A Risky Investment?
Jan 15We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt
Sep 12These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Reasonably Well
Jun 05Recent updates
Netflix: More Room To Run With Password Crackdown
Mar 15Is Netflix, Inc. (NASDAQ:NFLX) Potentially Undervalued?
Mar 06Netflix Stock: A Hold After Recent Surge
Mar 04Estimating The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Feb 23Netflix: Unstoppable Juggernaut
Feb 19Here's Why We Think Netflix (NASDAQ:NFLX) Is Well Worth Watching
Feb 11Ensemble Fund - Netflix: Best Days Are Still Ahead
Feb 07Netflix Demonstrates Why It Is The King Of Streaming In FQ4'23
Jan 30Netflix, Inc. (NASDAQ:NFLX) Released Earnings Last Week And Analysts Lifted Their Price Target To US$550
Jan 25Netflix Q4 2023 Outperformance Solidifies 3 Tailwinds For 2024 (Upgrade)
Jan 23After A Strong Rally, Netflix's Upside Remains Huge
Jan 17Is Netflix (NASDAQ:NFLX) A Risky Investment?
Jan 15Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult
Dec 18Why Netflix, Inc. (NASDAQ:NFLX) Could Be Worth Watching
Dec 04Returns At Netflix (NASDAQ:NFLX) Are On The Way Up
Nov 20A Look At The Intrinsic Value Of Netflix, Inc. (NASDAQ:NFLX)
Nov 06We Think Netflix (NASDAQ:NFLX) Can Stay On Top Of Its Debt
Sep 12At US$416, Is Netflix, Inc. (NASDAQ:NFLX) Worth Looking At Closely?
Aug 28Netflix (NASDAQ:NFLX) Is Looking To Continue Growing Its Returns On Capital
Aug 14A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Aug 01These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Reasonably Well
Jun 05What Does Netflix, Inc.'s (NASDAQ:NFLX) Share Price Indicate?
May 22We Like These Underlying Return On Capital Trends At Netflix (NASDAQ:NFLX)
May 08A Look At The Fair Value Of Netflix, Inc. (NASDAQ:NFLX)
Apr 25Financial 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).