NFLX Debt Analysis
NETFLIX INC - Total Debt & Leverage Ratios
Data as of 12/31/2019
Debt Health Rating
Good
Healthy debt levels with adequate coverage
Key Debt Metrics
$21.53B
Combined long & short-term
0.81x
Leverage ratio
25.33x
Op. income / interest
Debt Structure
Long-term Debt
Due after 1 year
Short-term Debt
Due within 1 year
Annual Interest Expense
Cost of debt per year
Net Debt
Total debt minus cash
Leverage Ratios
Debt-to-Assets
Total debt / Total assets
Debt Service Coverage
Cash flow / Interest
Debt Activity (Annual)
New Debt Issued
$3.02B
Debt Repaid
$1.83B
Net Change
$1.19B
Adding debt
Balance Sheet Context
Cash & Equivalents
$9.03B
Total Assets
$55.60B
Stockholders Equity
$26.62B
Operating Income
$13.33B
Operating Cash Flow
$10.15B
View Detailed Debt Analysis
Explore maturity schedules, corporate bonds, and risk analysis
View Full Debt ReportFrequently Asked Questions
What is NFLX total debt?
NFLX has total debt of $21.53B, consisting of $20.54B in long-term debt and $998.87M in short-term debt.
What is NFLX debt-to-equity ratio?
NFLX's debt-to-equity ratio is 0.81x. This indicates conservative leverage.
What is NFLX interest coverage ratio?
NFLX has an interest coverage ratio of 25.33x, meaning it generates 25.3 times its annual interest expense in operating income. This indicates strong ability to service debt.
Is NFLX debt level healthy?
NFLX has a debt health rating of "Good". Healthy debt levels with adequate coverage. The company has been adding to its debt.
How much is NFLX net debt?
NFLX's net debt (total debt minus cash) is $12.50B. This represents the actual debt burden after accounting for cash reserves.