Netflix Financials

NFLX Stock  USD 897.79  0.31  0.03%   
Based on the key measurements obtained from Netflix's financial statements, Netflix is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At this time, Netflix's Cash And Short Term Investments are fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 467.9 M in 2024, despite the fact that Other Assets are likely to grow to (983.8 M). Key indicators impacting Netflix's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Equity0.250.2627
Notably Down
Pretty Stable
Current Ratio1.731.1193
Way Up
Very volatile
The essential information of the day-to-day investment outlook for Netflix includes many different criteria found on its balance sheet. An individual investor should monitor Netflix's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Netflix.

Cash And Equivalents

6.22 Billion

  
Understanding current and past Netflix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Netflix's financial statements are interrelated, with each one affecting the others. For example, an increase in Netflix's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Netflix's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Netflix. Check Netflix's Beneish M Score to see the likelihood of Netflix's management manipulating its earnings.

Netflix Stock Summary

Netflix competes with Paramount Global, Roku, Warner Bros, AMC Entertainment, and Disney. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California. Netflix operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 11300 people.
Foreign Associates
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS64110L1061
CUSIP64110L106
LocationCalifornia; U.S.A
Business Address121 Albright Way,
SectorEntertainment
IndustryCommunication Services
BenchmarkDow Jones Industrial
Websitewww.netflix.com
Phone(408) 540 3700
CurrencyUSD - US Dollar

Netflix Key Financial Ratios

Netflix Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets34.0B39.3B44.6B48.6B48.7B51.2B
Other Current Liab4.4B5.5B5.7B6.0B6.3B6.6B
Other Liab3.9B3.4B2.6B5.6B6.4B6.7B
Net Debt9.7B8.1B9.4B9.2B7.4B7.8B
Accounts Payable674.3M656.2M837.5M671.5M747.4M784.8M
Cash5.0B8.2B6.0B5.1B7.1B7.5B
Other Assets11.0B28.6B4.3B3.0B(1.0B)(983.8M)
Long Term Debt14.8B15.8B14.7B14.4B14.1B14.9B
Other Current Assets1.2B1.6B2.0B3.2B938.2M1.5B
Total Liab26.4B28.2B28.7B27.8B28.1B29.6B
Total Current Assets6.2B9.8B8.1B9.3B9.9B10.4B
Cash And Equivalents5.0B8.2B6.0B5.1B5.9B6.2B
Intangible Assets24.5B25.4B30.9B32.7B12.7B7.8B
Common Stock2.8B3.4B4.0B4.6B5.1B5.4B
Retained Earnings4.8B7.6B12.7B17.2B22.6B23.7B
Short Term Debt843.0M499.9M699.8M0.0399.8M206.9M
Net Receivables979.1M610.8M804.3M1.6B1.8B2.0B
Net Tangible Assets7.6B11.1B(15.1B)20.8B23.9B25.1B
Long Term Debt Total14.8B15.8B14.7B14.4B16.5B17.3B

Netflix Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
201920202021202220232024 (projected)
Interest Expense626.0M1.4B765.6M706.2M699.8M734.8M
Total Revenue20.2B25.0B29.7B31.6B33.7B35.4B
Gross Profit7.7B9.7B12.4B12.4B14.0B14.7B
Operating Income2.6B4.6B6.2B5.6B7.0B7.3B
Ebit2.6B4.6B6.6B6.0B7.0B7.3B
Research Development1.5B1.8B2.3B2.7B2.7B2.8B
Ebitda12.0B15.5B19.0B20.3B21.5B22.6B
Cost Of Revenue12.4B15.3B17.3B19.2B19.7B20.7B
Income Before Tax2.1B3.2B5.8B5.3B6.2B6.5B
Net Income1.9B2.8B5.1B4.5B5.4B5.7B
Income Tax Expense195.3M438.0M723.9M772.0M(797.4M)(757.5M)
Tax Provision195.3M438.0M723.9M772.0M797.4M837.3M
Interest Income84M1.4B411.2M337.3M387.9M353.4M
Net Interest Income(542.0M)(1.4B)(354.4M)(368.9M)(748.6M)(786.0M)
Extraordinary Items127.5M87.2M254.8M369.0M424.3M445.5M

Netflix Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Netflix. It measures of how well Netflix is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Netflix brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Netflix had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Netflix has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Capital Expenditures253.0M497.9M524.6M407.7M348.6M192.2M
End Period Cash Flow5.0B8.2B6.1B5.2B7.1B7.5B
Change In Cash1.2B3.2B(2.2B)(884.5M)1.9B2.0B
Free Cash Flow(3.1B)1.9B(132.0M)1.6B6.9B7.3B
Depreciation9.3B10.9B12.4B14.4B14.6B15.3B
Other Non Cash Items(14.4B)(11.7B)(17.5B)(16.5B)(12.5B)(11.8B)
Net Income1.9B2.8B5.1B4.5B5.4B5.7B
Investments(387.1M)(505.4M)(1.3B)(2.1B)541.8M568.8M
Net Borrowings4.4B1.0B(500M)(700M)(805M)(764.8M)
Change To Netincome(106.0M)484.2M(16.9B)935.2M841.7M883.8M

Netflix Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Netflix's current stock value. Our valuation model uses many indicators to compare Netflix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Netflix competition to find correlations between indicators driving Netflix's intrinsic value. More Info.
Netflix is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Netflix is roughly  2.93 . At this time, Netflix's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Netflix's earnings, one of the primary drivers of an investment's value.

Netflix Systematic Risk

Netflix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Netflix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Netflix correlated with the market. If Beta is less than 0 Netflix generally moves in the opposite direction as compared to the market. If Netflix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Netflix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Netflix is generally in the same direction as the market. If Beta > 1 Netflix moves generally in the same direction as, but more than the movement of the benchmark.

Netflix Thematic Clasifications

Netflix is part of several thematic ideas from Corona Opportunity to Compulsion. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Netflix Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Netflix's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Netflix growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.96

At this time, Netflix's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Netflix November 24, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Netflix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Netflix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Netflix based on widely used predictive technical indicators. In general, we focus on analyzing Netflix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Netflix's daily price indicators and compare them against related drivers.

Additional Tools for Netflix Stock Analysis

When running Netflix's price analysis, check to measure Netflix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Netflix is operating at the current time. Most of Netflix's value examination focuses on studying past and present price action to predict the probability of Netflix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netflix's price. Additionally, you may evaluate how the addition of Netflix to your portfolios can decrease your overall portfolio volatility.