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Netflix's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,784 Mil. Netflix's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $13,798 Mil. Netflix's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $24,744 Mil. Netflix's debt to equity for the quarter that ended in Dec. 2024 was 0.63.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Netflix's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Netflix was 1.98. The lowest was 0.63. And the median was 1.16.
The historical data trend for Netflix's Debt-to-Equity 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.
Netflix Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial |
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1.47 | 0.97 | 0.69 | 0.71 | 0.63 |
Netflix Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Debt-to-Equity | Get a 7-Day Free Trial |
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0.71 | 0.66 | 0.63 | 0.70 | 0.63 |
For the Entertainment subindustry, Netflix's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
For the Media - Diversified industry and Communication Services sector, Netflix's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Netflix's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Netflix's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (1784.453 | + | 13798.351) | / | 24743.567 | |
= | 0.63 |
Netflix's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (1784.453 | + | 13798.351) | / | 24743.567 | |
= | 0.63 |
* 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 (NAS:NFLX) Debt-to-Equity Explanation
In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.
Be Aware
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Thank you for viewing the detailed overview of Netflix's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Gregory K Peters | officer: Intl. Development Officer | C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
Strive Masiyiwa | director | 265 FRANKLIN STREET, BOSTON MA 02110 |
Spencer Adam Neumann | officer: Chief Financial Officer | SIERRA INCOME CORPORATION, 375 PARK AVE., SUITE 3304, NEW YORK NY 10152 |
David A Hyman | officer: General Counsel | C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
Jeffrey William Karbowski | officer: Chief Accounting Officer | 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
Reed Hastings | director, 10 percent owner, officer: CEO, other: CEO | 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
Ann Mather | director | |
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 |
Richard N Barton | director | C/O IAC, 152 WEST 57TH STREET, NEW YORK NY 10019 |
Anne M Sweeney | director | C/O 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
Leslie J Kilgore | director | 121 ALBRIGHT WAY, LOS GATOS CA 95032 |
Timothy M Haley | director | 3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025 |
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 |
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