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
These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Safely
Sep 07
Is Netflix (NASDAQ:NFLX) Using Too Much Debt?
May 21Is Netflix (NASDAQ:NFLX) A Risky Investment?
Jan 15Recent updates
These 4 Measures Indicate That Netflix (NASDAQ:NFLX) Is Using Debt Safely
Sep 07Netflix Stock Hits A New All-Time High, Can The Rally Keep Going?
Aug 22Netflix's Telecom Alliances: A Game-Changer For Global Market Penetration
Aug 12Netflix: Strong Q2 Results Do Not Make For A Strong Prospect
Aug 05Netflix Is An Overvalued Streaming Company
Jul 28Earnings Summary: Will Netflix Ever Lose The Narrow / No Moat Status?
Jul 22Earnings Update: Netflix, Inc. (NASDAQ:NFLX) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Jul 20Netflix: The Winner Of Streaming War 1.0 Goes All-In On Ads
Jul 15Why We're Not Concerned About Netflix, Inc.'s (NASDAQ:NFLX) Share Price
Jul 11Netflix: Ultimate Experience Company
Jul 07Netflix: Engagement For The Win - Reiterating Buy
Jul 01Is There Now An Opportunity In Netflix, Inc. (NASDAQ:NFLX)?
Jun 26Netflix May Be Next For Splitsville
Jun 24We Like Netflix's (NASDAQ:NFLX) Returns And Here's How They're Trending
Jun 14Netflix Added To Model Portfolio As Investors Buy On Weakness (Technical Analysis)
Jun 05Do Netflix's (NASDAQ:NFLX) Earnings Warrant Your Attention?
Jun 02Netflix Has Become Too Pricey
May 30Is Netflix (NASDAQ:NFLX) Using Too Much Debt?
May 21Heavyweight Showdown Looms As Netflix Muscles In On This Bull Run (Technical Analysis)
May 21How Netflix Continues To Unlock Shareholder Value
May 14Results: Netflix, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 20Netflix: I Am Cashing Out
Apr 20Netflix: Focus On The Long-Term Story Heading Into Q1
Apr 13Netflix: Novelty In Content Drives Rich Reinvestment Cycles Of Growth
Apr 03Getting In Cheap On Netflix, Inc. (NASDAQ:NFLX) Might Be Difficult
Mar 30Netflix: 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 06Financial Position Analysis
Short Term Liabilities: NFLX's short term assets ($9.6B) do not cover its short term liabilities ($10.1B).
Long Term Liabilities: NFLX's short term assets ($9.6B) do not cover its long term liabilities ($16.8B).
Debt to Equity History and Analysis
Debt Level: NFLX's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: NFLX's debt to equity ratio has reduced from 206.3% to 63.2% over the past 5 years.
Debt Coverage: NFLX's debt is well covered by operating cash flow (51.2%).
Interest Coverage: NFLX's interest payments on its debt are well covered by EBIT (20.9x coverage).