| NFLXStock | USD486.883.630.74% |
Netflix fundamentals help investors to digest information that contributes to Netflix's financial success or failures. It also enables traders to predict the movement of Netflix Stock. The fundamental analysis module provides a way to measure Netflix's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Netflix stock.
Total Debt is expected to decline to about 12B this year.
Netflix | Total Debt Net Income Per Employee Revenue Per Employee Average Assets Earnings Before Interest Taxes and Depreciation Amortization EBITDA Earnings Before Interest Taxes and Depreciation Amortization USD Earnings before Tax Average Equity Enterprise Value Free Cash Flow Invested Capital Invested Capital Average Market Capitalization Tangible Asset Value Working Capital Interest Coverage Long Term Debt to Equity Calculated Tax Rate PPandE Turnover Accounts Payable Turnover Accrued Expenses Turnover Operating Margin Cash and Equivalents Turnover Return on Investment Cash Flow Per Share Revenue to Assets Total Assets Per Share Quick Ratio Net Current Assets as percentage of Total Assets Asset Turnover Book Value per Share Current Ratio Debt to Equity Ratio EBITDA Margin Earnings per Basic Share Earnings per Diluted Share Earnings per Basic Share USD Enterprise Value over EBIT Enterprise Value over EBITDA Free Cash Flow per Share Gross Margin Profit Margin Price to Book Value Price to Earnings Ratio Price to Sales Ratio Return on Average Assets Return on Average Equity Return on Invested Capital Return on Sales Sales per Share Tangible Assets Book Value per Share Capital Expenditure Depreciation Amortization and Accretion Net Cash Flow or Change in Cash and Cash Equivalents Issuance Purchase of Equity Shares Issuance Repayment of Debt Securities Net Cash Flow from Financing Net Cash Flow from Investing Net Cash Flow Investment Acquisitions and Disposals Net Cash Flow from Operations Effect of Exchange Rate Changes on Cash Share Based Compensation Receivables Accounts Payable Accumulated Other Comprehensive Income Total Assets Current Assets Assets Non Current Cash and Equivalents Cash and Equivalents USD Total Debt Debt Non Current Total Debt USD Deferred Revenue Shareholders Equity Attributable to Parent Shareholders Equity USD Goodwill and Intangible Assets Investments Investments Current Total Liabilities Current Liabilities Liabilities Non Current Trade and Non Trade Payables Property Plant and Equipment Net Accumulated Retained Earnings Deficit Direct Expenses Consolidated Income Cost of Revenue Earning Before Interest and Taxes EBIT Earning Before Interest and Taxes USD Gross Profit Interest Expense Net Income Net Income Common Stock Net Income Common Stock USD Operating Expenses Operating Income Revenues Revenues USD Research and Development Expense Selling General and Administrative Expense Weighted Average Shares Weighted Average Shares Diluted Income Tax Expense Probability Of Bankruptcy |
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Netflix Total Debt Analysis
Netflix's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Netflix Total Debt | 14.35B |
Most of Netflix's fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Netflix is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Netflix Total Debt Driver Correlations
Understanding the fundamental principles of building solid financial models for Netflix is extremely important. It helps to project a fair market value of Netflix Stock properly, considering its historical fundamentals such as Total Debt. Since Netflix's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Netflix's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Netflix's interrelated accounts and indicators.
Click cells to compare fundamentals
Netflix Total Debt Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total debt growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Netflix total debt as a starting point in their analysis.
Netflix Total Debt
| Timeline |
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Based on the latest financial disclosure, Netflix has a Total Debt of 14.35B. This is 3.58% higher than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The total debt for all United States stocks is 169.93% lower than that of the firm.
Netflix Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Netflix's direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Netflix could also be used in its relative valuation, which is a method of valuing Netflix by comparing valuation metrics of similar companies.
Netflix is currently under evaluation in total debt category among related companies.
Netflix Current Valuation Drivers
We derive many important indicators used in calculating different scores of Netflix from analyzing Netflix's financial statements. These drivers represent accounts that assess Netflix's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Netflix's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 170.6K | 217.1K | 293.0K | 452.8K | 350.9K | 378.6K | |
| Revenue Per Employee | 2.2M | 2.3M | 2.7M | 2.6M | 2.5M | 2.1M | |
| Average Assets | 23.0B | 30.6B | 37.5B | 42.1B | 47.0B | 50.7B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 9.3B | 12.0B | 14.9B | 19.0B | 20.3B | 21.9B | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 9.3B | 12.0B | 14.9B | 19.0B | 20.3B | 21.9B | |
| Earnings before Tax | 1.2B | 2.1B | 3.2B | 5.8B | 5.3B | 5.7B | |
| Average Equity | 4.7B | 6.6B | 9.8B | 14.5B | 19.5B | 21.0B | |
| Enterprise Value | 122.0B | 149.8B | 246.5B | 274.8B | 139.0B | 134.7B | |
| Free Cash Flow | (2.9B) | (3.1B) | 1.9B | (132.0M) | 1.6B | 1.7B | |
| Invested Capital | 6.0B | 12.4B | 14.2B | 14.5B | 17.1B | 18.5B | |
| Invested Capital Average | 4.0B | 9.0B | 13.0B | 13.8B | 15.4B | 16.6B | |
| Market Capitalization | 116.7B | 141.8B | 238.9B | 266.9B | 131.2B | 128.4B | |
| Tangible Asset Value | 5.9B | 9.5B | 13.9B | 13.7B | 15.9B | 17.1B | |
| Working Capital | 3.2B | (677.2M) | 2.0B | (419.1M) | 1.3B | 1.2B |
Netflix ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Netflix's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Netflix's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
Netflix Institutional Holders
Institutional Holdings refers to the ownership stake in Netflix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Netflix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Netflix's value.
| Shares | Morgan Stanley - Brokerage Accounts | 2023-09-30 | 6.1M | Baillie Gifford & Co Limited. | 2023-09-30 | 5.3M | Edgewood Management Llc | 2023-09-30 | 4.7M | Northern Trust Corp | 2023-09-30 | 4.6M | Loomis, Sayles & Company Lp | 2023-09-30 | 4.6M | Fisher Asset Management, Llc | 2023-09-30 | 4M | Jennison Associates Llc | 2023-09-30 | 3.9M | Amvescap Plc. | 2023-09-30 | 3.4M | Bank Of New York Mellon Corp | 2023-09-30 | 3.4M | Vanguard Group Inc | 2023-09-30 | 36.3M | Blackrock Inc | 2023-09-30 | 30M |
Netflix Fundamentals
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.0774 | ||||
| Profit Margin | 0.14 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 219.53 B | ||||
| Shares Outstanding | 437.68 M | ||||
| Shares Owned By Insiders | 1.36 % | ||||
| Shares Owned By Institutions | 83.52 % | ||||
| Number Of Shares Shorted | 9.65 M | ||||
| Price To Earning | 27.80 X | ||||
| Price To Book | 9.64 X | ||||
| Price To Sales | 6.51 X | ||||
| Revenue | 31.62 B | ||||
| Gross Profit | 12.45 B | ||||
| EBITDA | 20.33 B | ||||
| Net Income | 4.49 B | ||||
| Cash And Equivalents | 5.15 B | ||||
| Cash Per Share | 13.74 X | ||||
| Total Debt | 14.35 B | ||||
| Debt To Equity | 0.80 % | ||||
| Current Ratio | 1.13 X | ||||
| Book Value Per Share | 50.51 X | ||||
| Cash Flow From Operations | 2.03 B | ||||
| Short Ratio | 2.44 X | ||||
| Earnings Per Share | 10.03 X | ||||
| Price To Earnings To Growth | 1.95 X | ||||
| Target Price | 472.22 | ||||
| Number Of Employees | 12.8 K | ||||
| Beta | 1.26 | ||||
| Market Capitalization | 213.1 B | ||||
| Total Asset | 48.59 B | ||||
| Retained Earnings | 17.18 B | ||||
| Working Capital | 1.34 B | ||||
| Current Asset | 5.72 B | ||||
| Current Liabilities | 4.59 B | ||||
| Z Score | 11.47 | ||||
| Net Asset | 48.59 B |
About Netflix Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Netflix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Netflix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Netflix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
| Last Reported | Projected for 2024 | ||
| Total Debt | 14.4B | 12B |
Netflix Investors Sentiment
The influence of Netflix's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Netflix. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Netflix's public news can be used to forecast risks associated with an investment in Netflix. The trend in average sentiment can be used to explain how an investor holding Netflix can time the market purely based on public headlines and social activities around Netflix. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Netflix's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Netflix's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Netflix's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Netflix.
Netflix Implied Volatility | 27.4 |
Netflix's implied volatility exposes the market's sentiment of Netflix stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Netflix's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Netflix stock will not fluctuate a lot when Netflix's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Netflix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Netflix's short interest history, or implied volatility extrapolated from Netflix options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Netflix using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.
Build Optimal Portfolios
Align your risk with return expectations
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Netflix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Netflix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Netflix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Netflix Stock:
Check out Netflix Piotroski F Score and Netflix Altman Z Score analysis.
For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary 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.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is Netflix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Netflix. If investors know Netflix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Netflix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.203 | Earnings Share 10.03 | Revenue Per Share 73.752 | Quarterly Revenue Growth 0.078 | Return On Assets 0.0774 |
The market value of Netflix is measured differently than its book value, which is the value of Netflix that is recorded on the company's balance sheet. Investors also form their own opinion of Netflix's value that differs from its market value or its book value, called intrinsic value, which is Netflix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Netflix's market value can be influenced by many factors that don't directly affect Netflix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Netflix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Netflix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netflix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
