Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Netflix's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.49.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Netflix couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Netflix's Cash-to-Debt or its related term are showing as below:
NFLX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.34 Med: 0.46 Max: 1.82
Current: 0.49
During the past 13 years, Netflix's highest Cash to Debt Ratio was 1.82. The lowest was 0.34. And the median was 0.46.
Netflix Cash-to-Debt Historical Data
The historical data trend for Netflix's Cash-to-Debt 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
|
Netflix Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.34 |
0.50 |
0.39 |
0.42 |
0.49 |
|
Netflix Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.42 |
0.54 |
0.51 |
0.55 |
0.49 |
Competitive Comparison
For the Entertainment subindustry, Netflix's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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 Cash-to-Debt Distribution
For the Media - Diversified industry and Communication Services sector, Netflix's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Netflix's Cash-to-Debt falls into.
Netflix Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
Netflix's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Netflix's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Netflix (NFLX) Business Description
Traded in Other Exchanges
Address
121 Albright Way, Los Gatos, CA, USA, 95032
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.
Executives
| Reed Hastings |
director, 10 percent owner, officer: CEO, other: CEO |
121 ALBRIGHT WAY, LOS GATOS CA 95032 |
| Ann Mather |
director |
|
| Gregory K Peters |
officer: Intl. Development Officer |
C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
| Richard N Barton |
director |
C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019 |
| David A Hyman |
officer: General Counsel |
C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
| Theodore A Sarandos |
officer: Chief Content Officer |
C/O NETFLIX, INC, 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
| Jay C Hoag |
director |
250 MIDDLEFIELD ROAD, MENLO PARK CA 94025 |
| Timothy M Haley |
director |
3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025 |
| Jeffrey William Karbowski |
officer: Chief Accounting Officer |
121 ALBRIGHT WAY, LOS GATOS CA 95032 |
| Kenneth A Barker |
officer: Chief Accounting Officer |
C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065 |
| Dicus Marian Lee |
officer: Chief Marketing Officer |
526 WEST 111TH STREET, APARTMENT 3C, NEW YORK NY 10025 |
| Meabe Sergio Ezama |
officer: Chief Talent Officer |
59 HILLSIDE ROAD, GREENWICH CT 06830 |
| Jessica Neal |
officer: Chief Talent Officer |
100 WINCHESTER CIRCLE, LOS GATOS CA 95032 |
| Strive Masiyiwa |
director |
265 FRANKLIN STREET, BOSTON MA 02110 |
| John Bozoma Saint |
officer: Chief Marketing Officer |
9255 SUNSET BLVD 2ND FLOOR, LOS ANGELES CA 90069 |
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