Netflix Inc (NFLX)

Financial leverage 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
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
Total stockholders’ equity US$ in thousands 24,743,600 22,720,700 22,112,700 21,365,400 20,588,300 22,107,600 22,832,200 21,828,200 20,777,400 20,528,100 19,076,000 17,544,000 15,849,200 15,314,600 13,863,900 12,884,100 11,065,200 10,333,300 9,334,750 8,409,290
Financial leverage ratio 2.17 2.30 2.22 2.29 2.37 2.24 2.23 2.27 2.34 2.32 2.43 2.58 2.81 2.79 2.96 3.11 3.55 3.74 3.98 4.17

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $53,630,400K ÷ $24,743,600K
= 2.17

The financial leverage ratio of Netflix Inc has shown a decreasing trend over the analyzed period, reflecting a decrease in the company's reliance on debt to fund its operations and investments. The ratio decreased from 4.17 as of March 31, 2020, to 2.17 as of December 31, 2024. This indicates that the company has been progressively reducing its debt levels relative to its equity. A decreasing financial leverage ratio is generally viewed positively as it signifies lower default risk and increased financial stability. This trend suggests that Netflix Inc is effectively managing its capital structure and potentially improving its overall financial health.


See also:

Netflix Inc Financial Leverage (Quarterly Data)