Netflix (NEOE:NFLX) Cash, Cash Equivalents, Marketable Securities : C$9,537 Mil (As of Mar. 2024)

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What is Netflix Cash, Cash Equivalents, Marketable Securities?

Netflix's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (C$10,645.44 Mil) to Dec. 2023 (C$9,576.19 Mil) but then stayed the same from Dec. 2023 (C$9,576.19 Mil) to Mar. 2024 (C$9,537.11 Mil).

Netflix's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (C$7,715.59 Mil) to Dec. 2022 (C$8,230.41 Mil) and increased from Dec. 2022 (C$8,230.41 Mil) to Dec. 2023 (C$9,576.19 Mil).

Netflix Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Netflix's Cash, Cash Equivalents, Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Netflix Cash, Cash Equivalents, Marketable Securities Chart

Netflix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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6,608.78

10,510.49

7,715.59

8,230.41

9,576.19

Netflix Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															10,710.37	11,395.39	10,645.44	9,576.19	9,537.11

Netflix Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Netflix (NEOE:NFLX) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Netflix Cash, Cash Equivalents, Marketable Securities Related Terms

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Netflix (NEOE:NFLX) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Netflix Inc (NEOE:NFLX) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

121 Albright Way, Los Gatos, CA, USA, 95032

Website

https://www.netflix.com

Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with almost 250 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.