Netflix (BUE:NFLX) Scaled Net Operating Assets

: 1.36 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Netflix's operating assets for the quarter that ended in Mar. 2024 was ARS35,201,320 Mil. Netflix's operating liabilities for the quarter that ended in Mar. 2024 was ARS11,328,539 Mil. Netflix's Total Assets for the quarter that ended in Dec. 2023 was ARS17,592,249 Mil. Therefore, Netflix's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.36.

Netflix Scaled Net Operating Assets Historical Data

The historical data trend for Netflix's Scaled Net Operating Assets 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

Get a 7-Day Free Trial

1.06

0.77

0.80

1.08

1.24

Netflix Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Scaled Net Operating Assets	Get a 7-Day Free Trial															0.69	0.77	0.82	0.58	1.36

Competitive Comparison

For the Entertainment subindustry, Netflix's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Netflix Scaled Net Operating Assets Distribution

For the Media - Diversified industry and Communication Services sector, Netflix's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Netflix's Scaled Net Operating Assets falls into.

Netflix Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Netflix's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(15015472.28	-	4909750.902)	/	8146912.63
=	1.24

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	17592249.128	-	2576776.848
=	15015472.28

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10159868.128	-	5105773.542	-	144343.684
=	4909750.902

Netflix's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(35201320.434	-	11328539.116)	/	17592249.128
=	1.36

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	41137355.642	-	5936035.208
=	35201320.434

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	23136997.411	-	11135354.704	-	673103.591
=	11328539.116

Netflix Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Netflix's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Netflix (BUE:NFLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Netflix Inc (BUE:NFLX) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

NFLX:USA NFLX:Peru NFLX:Mexico NFLX:Italy NFCd:UK 0QYI:UK NFC:Germany NFLX:Canada NFLX34:Brazil NFLX:Austria

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.