Analysis of Debt
Total Debt (Carrying Amount)
Netflix Inc., balance sheet: debt
US$ in thousands
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).
| Debt item | Description | The company |
|---|---|---|
| Total senior Notes (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Netflix Inc. total debt decreased from 2021 to 2022 but then slightly increased from 2022 to 2023. |
Total Debt (Fair Value)
| Dec 31, 2023 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Total senior Notes (fair value) | 15,018,000) |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | 1.03 |
Based on: 10-K (reporting date: 2023-12-31).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt: 4.73%
| Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
|---|---|---|---|
| 5.75% | 400,000) | 23,000) | |
| 5.88% | 807,000) | 47,411) | |
| 3.00% | 516,000) | 15,480) | |
| 3.63% | 491,000) | 17,799) | |
| 4.38% | 996,000) | 43,575) | |
| 3.63% | 1,454,000) | 52,708) | |
| 4.88% | 1,621,000) | 79,024) | |
| 5.88% | 2,009,000) | 118,029) | |
| 4.63% | 1,300,000) | 60,125) | |
| 6.38% | 872,000) | 55,590) | |
| 3.88% | 1,372,000) | 53,165) | |
| 5.38% | 931,000) | 50,041) | |
| 3.63% | 1,237,000) | 44,841) | |
| 4.88% | 1,012,000) | 49,335) | |
| Total | 15,018,000) | 710,123) | |
| 4.73% | |||
Based on: 10-K (reporting date: 2023-12-31).
1 US$ in thousands
2 Weighted-average interest rate = 100 × 710,123 ÷ 15,018,000 = 4.73%