Netflix (NFLX) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2024)

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What is Netflix LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Netflix's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.26.

Netflix's long-term debt to total assets ratio declined from Dec. 2023 (0.29) to Dec. 2024 (0.26). It may suggest that Netflix is progressively becoming less dependent on debt to grow their business.

Netflix LT-Debt-to-Total-Asset Historical Data

The historical data trend for Netflix's LT-Debt-to-Total-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.

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Netflix LT-Debt-to-Total-Asset Chart

Netflix Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.40

0.33

0.30

0.29

0.26

Netflix Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.27	0.25	0.27	0.26

Netflix LT-Debt-to-Total-Asset Calculation

Netflix's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	13798.351	/	53630.374
	=	0.26

Netflix's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	13798.351	/	53630.374
	=	0.26

Netflix (NAS:NFLX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Netflix LT-Debt-to-Total-Asset Related Terms

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Netflix Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Netflix Inc (NAS:NFLX) » Definitions » LT-Debt-to-Total-Asset

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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 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.

Executives

Reed Hastings	director, 10 percent owner, officer: CEO, other: CEO	121 ALBRIGHT WAY, LOS GATOS CA 95032
Spencer Adam Neumann	officer: Chief Financial Officer	SIERRA INCOME CORPORATION, 375 PARK AVE., SUITE 3304, NEW YORK NY 10152
Jeffrey William Karbowski	officer: Chief Accounting Officer	121 ALBRIGHT WAY, LOS GATOS CA 95032
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
David A Hyman	officer: General Counsel	C/O NETFLIX, INC., 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