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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NetflixXSWX:NFLX -0.20%93 Equity-to-Asset is 0.52 as of Jun. 2026, which is 49% above its 10-year median of 0.35. GuruFocus rates XSWX:NFLX with a GF Score™ of 93/100 and a GF Value™ of CHF80.75 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,027 Media - Diversified companies, Netflix ranks better than 51.9% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Netflix's Total Stockholders Equity for the quarter that ended in Jun. 2026 was CHF24,101 Mil. Netflix's Total Assets for the quarter that ended in Jun. 2026 was CHF46,719 Mil.
Therefore, Netflix's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.52.
The historical rank and industry rank for Netflix's Equity-to-Asset or its related term are showing as below:
XSWX:NFLX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.35 Max: 0.52
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Netflix was 0.52. The lowest was 0.19. And the median was 0.35.
XSWX:NFLX's Equity-to-Asset is ranked better than 51.9% of 1027
companies
in the Media - Diversified industry
Industry Median: 0.51
vs XSWX:NFLX: 0.52
Netflix (XSWX:NFLX) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Netflix Equity-to-Asset Related Terms
Netflix Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Netflix's Equity-to-Asset 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.
XSWX:NFLX vs DIS, WBD, LYV: Equity-to-Asset Comparison
For the Entertainment subindustry, Netflix's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Netflix's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Netflix's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Netflix's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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 (XSWX:NFLX) has a Equity-to-Asset of 0.52 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Netflix and its competitors. This is 49% above median its historical median of 0.35. Over the past decade, Netflix's Equity-to-Asset has ranged from 0.19 to 0.52. According to the industry distribution chart, Netflix ranks #494 out of 1027 companies in the Media - Diversified industry, placing it in the top 48.1%.
Is Netflix's Equity-to-Asset too high?
Netflix's current Equity-to-Asset of 0.52 is 49% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.52. The Media - Diversified industry median Equity-to-Asset is 0.51. Netflix's value of 0.52 is 2% above this industry median. Based on the distribution chart, Netflix ranks #494 out of 1027 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Netflix has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Netflix's Equity-to-Asset compare to DIS and WBD?
According to the Media - Diversified industry distribution chart, Netflix ranks #494 out of 1027 companies for Equity-to-Asset. This puts Netflix in the upper half of its industry. The industry median Equity-to-Asset is 0.51. Netflix's value of 0.52 is 2% above this benchmark. Historically, Netflix's own Equity-to-Asset has ranged from 0.19 to 0.52 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.51, Netflix has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Media - Diversified company?
The median Equity-to-Asset among Media - Diversified companies is 0.51, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Netflix's current Equity-to-Asset of 0.52 is 2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Netflix and its competitors. For the Media - Diversified industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netflix's current Equity-to-Asset is 0.52, which is 49% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netflix stock overvalued right now?
Based on GuruFocus' analysis, Netflix (XSWX:NFLX) is currently considered Modestly Undervalued. The stock's GF Value™ is CHF80.75, compared to a current price of CHF59.47 — trading 26.4% below its estimated fair value. The current Equity-to-Asset is 0.52, which is 49% above median its 10-year median of 0.35 and 2% above the Media - Diversified industry median of 0.51. Netflix's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Netflix (XSWX:NFLX), the current Equity-to-Asset is 0.52 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Netflix (XSWX:NFLX) Overvalued in 2026?
Based on GuruFocus' analysis, Netflix stock appears to be undervalued.
The current stock price of CHF59.47 is trading 26.4% below its estimated GF Value™ of CHF80.75.
GuruFocus considers Netflix to be Modestly Undervalued.
Key valuation signals for XSWX:NFLX:
Equity-to-Asset: 0.52 (49% above median its 10-year median of 0.35)
GF Value™: CHF80.75 vs. price of CHF59.47 (26.4% below fair value)
Industry Position: 2% above the Media - Diversified median (#494 of 1027)
No single metric tells the full story. See the XSWX:NFLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
93GF Score
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