Netflix Inc (NFLX)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 13,798,400 | 14,160,900 | 12,180,000 | 13,217,000 | 14,143,400 | 13,900,800 | 14,070,200 | 14,038,000 | 14,353,100 | 13,888,100 | 14,233,300 | 14,534,600 | 14,693,100 | 14,793,700 | 14,926,900 | 14,860,600 | 15,809,100 | 15,547,600 | 15,295,000 | 14,170,700 |
| Total assets | US$ in thousands | 53,630,400 | 52,281,800 | 49,098,900 | 48,827,700 | 48,732,000 | 49,501,800 | 50,817,500 | 49,490,300 | 48,594,800 | 47,562,200 | 46,350,900 | 45,330,900 | 44,584,700 | 42,739,900 | 40,971,000 | 40,123,000 | 39,280,400 | 38,622,500 | 37,175,300 | 35,059,900 |
| Debt-to-assets ratio | 0.26 | 0.27 | 0.25 | 0.27 | 0.29 | 0.28 | 0.28 | 0.28 | 0.30 | 0.29 | 0.31 | 0.32 | 0.33 | 0.35 | 0.36 | 0.37 | 0.40 | 0.40 | 0.41 | 0.40 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $13,798,400K ÷ $53,630,400K
= 0.26
The debt-to-assets ratio of Netflix Inc has been decreasing steadily from 0.40 as of March 31, 2020, to 0.26 as of December 31, 2024. This indicates that the company has been relying less on debt to finance its assets over the years, which can be seen as a positive trend from a financial stability perspective. A lower debt-to-assets ratio suggests that the company has a stronger ability to cover its debt obligations with its assets. Overall, the decreasing trend in Netflix's debt-to-assets ratio reflects a healthy financial position and prudent management of debt levels.