How much debt has Netflix?
What Is Netflix's Debt? As you can see below, Netflix had US$14.5b of debt, at December 2023, which is about the same as the year before. You can click the chart for greater detail. However, it does have US$7.14b in cash offsetting this, leading to net debt of about US$7.41b.
Does Netflix have too much debt?
The good news is Netflix doesn't have much debt coming due over the next few years. The company has done a good job spreading out maturities, which will prevent any sort of sudden shock. Chart by author. Data source: Netflix 10-K.
Is Netflix financially healthy?
Netflix's Earnings Growth And 26% ROE
Additionally, the company's ROE is higher compared to the industry average of 14% which is quite remarkable. As a result, Netflix's exceptional 25% net income growth seen over the past five years, doesn't come as a surprise.
How much loan does Netflix have?
The streaming giant borrowed over $16 billion in less than a decade as it built out its content library. The strategy prompted criticism that the company was unsustainable. Netflix has reached a financial milestone: It no longer needs to borrow money.
What is Netflix debt to cash ratio?
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Netflix's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.49.
How much is Disney in debt?
Total debt on the balance sheet as of December 2023 : $47.69 B. According to Walt Disney's latest financial reports the company's total debt is $47.69 B. A company's total debt is the sum of all current and non-current debts.
Has Netflix ever made a profit?
Netflix's $9.4 billion in first-quarter revenues and $5.28 profit per share were comfortably above consensus analyst estimates, with Netflix's top and bottom line marks both the best in its history.
Is Netflix losing money 2024?
The company reported revenues of $8.83 billion during the quarter, up 12% year over year.
How is Netflix doing financially 2024?
We forecast global ARM to be up year-over-year on a F/X neutral basis in Q2. For the full year 2024, we expect healthy revenue growth of 13% to 15%, based on F/X rates at the end of Q1'24. We now expect FY24 operating margin of 25%, based on F/X rates as of January 1, 2024, up from our prior forecast of 24%.
How is Netflix doing in 2024?
Netflix added 9.3 million subscribers in the first quarter of 2024, it announced on Thursday, outperforming analysts' expectations and solidifying its status as the entertainment industry's dominant streaming company.
Who is Netflix owner?
Wilmot Reed Hastings Jr.
(born October 8, 1960) is an American billionaire businessman. He is the co-founder and executive chairman of Netflix, and currently sits on a number of boards and non-profit organizations.
What is Netflix long term debt?
Netflix long term debt for 2023 was $14.143B, a 1.46% decline from 2022. Netflix long term debt for 2022 was $14.353B, a 2.31% decline from 2021. Netflix long term debt for 2021 was $14.693B, a 7.06% decline from 2020.
Who finances Netflix?
We fund our investments through operating profits and, historically, by raising debt. Given that we are sustainably free cash flow positive, we believe that we no longer have a need to raise external financing to fund our day-to-day operations.
Does Netflix have bad debt or cash flow problems?
Since 2011, Netflix has raised $15 billion in debt to help pay for this content. The company said it plans to pay back its outstanding debt that matures in 2021 with its more than $8 billion of cash on hand.
What is Amazon's debt-to-equity ratio?
Amazon.com Debt to Equity Ratio: 0.2889 for Dec.
What is Netflix debt vs equity?
Netflix's operated at median debt / equity of 114.3% from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, Netflix's debt / equity peaked in December 2019 at 215.9%. Netflix's debt / equity hit its 5-year low in December 2022 of 81.5%.
How much is McDonald's debt?
McDonald's's total debt for fiscal years ending December 2019 to 2023 averaged 50.063 billion. McDonald's's operated at median total debt of 49.353 billion from fiscal years ending December 2019 to 2023. Looking back at the last 5 years, McDonald's's total debt peaked in December 2023 at 53.153 billion.
How much is Apple in debt?
Total debt on the balance sheet as of December 2023 : $108.04 B. According to Apple's latest financial reports the company's total debt is $108.04 B. A company's total debt is the sum of all current and non-current debts.
Is Tesla in debt?
Total debt on the balance sheet as of December 2023 : $9.57 B. According to Tesla's latest financial reports the company's total debt is $9.57 B. A company's total debt is the sum of all current and non-current debts.
How long until Netflix was profitable?
Netflix posted its first profit in 2003, earning $6.5 million on revenues of $272 million; by 2004, profit had increased to $49 million on over $500 million in revenues. In 2005, 35,000 different films were available, and Netflix shipped 1 million DVDs out every day.
How much does Netflix make a day?
How Much Does Netflix Make in a Day? Around $1.4 million per day. Netflix is cagey with numbers about its daily operations, or about how much content is being viewed.
How much does Netflix make annually?
Netflix annual revenue for 2023 was $33.723B, a 6.67% increase from 2022. Netflix annual revenue for 2022 was $31.616B, a 6.46% increase from 2021. Netflix annual revenue for 2021 was $29.698B, a 18.81% increase from 2020.
How much will Netflix be worth in 2025?
Even if Netflix stretches its valuation to nearly $1 trillion by 2025, Meta could be worth much more by then. Netflix's shares still have plenty of room to run.
How many users does Netflix have?
How Many Subscribers Does Netflix Have? According to company-reported data, Netflix has 260.28 million subscribers worldwide.
How many people are subscribed to Netflix in 2024?
In Q1 2024 Netflix has 282.68 million users worldwide. Here is a graph showing Netflix's subscriber count over the years.
