Stock Analysis on Net
Stock Analysis on Net

Netflix Inc. (NASDAQ:NFLX)

Common-Size Balance Sheet: Assets

Netflix Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 14.60 10.59 13.52 20.89 14.77
Short-term investments 0.04 1.88 0.00 0.00 0.00
Trade receivables 2.64 2.03 1.80 1.56 1.34
Prepaid expenses 0.84 0.81 0.73 0.52 0.53
Other 2.22 3.76 2.05 1.89 1.54
Other current assets 5.71% 6.60% 4.58% 3.96% 3.41%
Current assets 20.35% 19.07% 18.10% 24.85% 18.19%
Licensed content, net 26.11 26.20 30.95 35.00 43.28
Released, less amortization 20.20 18.75 15.43 14.79 12.90
In production 16.92 21.11 20.72 12.29 13.98
In development and pre-production 1.73 1.31 2.26 2.54 1.97
Produced content, net 38.86% 41.17% 38.40% 29.62% 28.85%
Content assets, net 64.96% 67.37% 69.35% 64.62% 72.12%
Property and equipment, net 3.06 2.88 2.97 2.44 1.66
Other non-current assets 11.62 10.69 9.58 8.08 8.03
Non-current assets 79.65% 80.93% 81.90% 75.15% 81.81%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Netflix Inc. current assets as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Netflix Inc. property and equipment, net as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Netflix Inc. non-current assets as a percentage of total assets decreased from 2021 to 2022 and from 2022 to 2023.