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 26.2. 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 | 26.2x |
| Cash | US$9.22b |
| Equity | US$22.72b |
| Total liabilities | US$29.56b |
| Total assets | US$52.28b |
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 21Recent updates
Netflix Q3: Launch Of In-House Advertising Platform By FY 2025 Bodes Well
Oct 18Netflix: Hidden Assets And Valuation Could Lead To Additional Upside
Oct 11Netflix: Deep Dive Into Engagement Numbers
Sep 27Netflix Looks Ready To Move Higher (Technical Analysis)
Sep 21These 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 25Financial Position Analysis
Short Term Liabilities: NFLX's short term assets ($12.1B) exceed its short term liabilities ($10.7B).
Long Term Liabilities: NFLX's short term assets ($12.1B) do not cover its long term liabilities ($18.9B).
Debt to Equity History and Analysis
Debt Level: NFLX's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: NFLX's debt to equity ratio has reduced from 181.1% to 70.3% over the past 5 years.
Debt Coverage: NFLX's debt is well covered by operating cash flow (46.9%).
Interest Coverage: NFLX's interest payments on its debt are well covered by EBIT (26.2x coverage).