Stock Analysis on Net
Stock Analysis on Net

Netflix Inc. (NASDAQ:NFLX)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Netflix Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Current content liabilities 8.19 9.17 9.22 9.63 11.28
Accounts payable 1.68 1.53 1.38 1.88 1.67
Accrued expenses and other liabilities 4.02 3.70 3.12 3.25 2.81
Deferred revenue 2.84 2.96 2.60 2.71 2.85
Short-term debt 3.33 0.82 0.00 1.57 1.27
Current liabilities 20.05% 18.18% 16.32% 19.04% 19.87%
Non-current content liabilities 3.32 5.29 6.34 6.94 6.67
Long-term debt 25.73 29.02 29.54 32.96 40.25
Other non-current liabilities 4.76 5.26 5.05 5.52 5.05
Non-current liabilities 33.81% 39.57% 40.92% 45.41% 51.96%
Total liabilities 53.86% 57.75% 57.24% 64.45% 71.83%
Preferred stock, $0.001 par value; no shares issued and outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, $0.001 par value 11.66 10.56 9.54 9.03 8.78
Treasury stock at cost -24.56 -14.20 -1.70 -1.85 0.00
Accumulated other comprehensive income (loss) 0.68 -0.46 -0.45 -0.09 0.11
Retained earnings 58.36 46.35 35.36 28.46 19.28
Stockholders’ equity 46.14% 42.25% 42.76% 35.55% 28.17%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-12-31), 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).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Netflix Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Netflix Inc. non-current liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2022 to 2023 and from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Netflix Inc. total liabilities as a percentage of total liabilities and stockholders’ equity increased from 2022 to 2023 but then decreased significantly from 2023 to 2024.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Netflix Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.