Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data
Paying user area
Try for free
Netflix Inc. pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Geographic Areas
- Common Stock Valuation Ratios
- Selected Financial Data since 2005
- Return on Equity (ROE) since 2005
- Current Ratio since 2005
- Debt to Equity since 2005
- Price to Operating Profit (P/OP) since 2005
- Analysis of Revenues
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Netflix Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Netflix Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)
Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).
- Current content liabilities
- There is a consistent decline in the proportion of current content liabilities relative to total liabilities and stockholders’ equity, dropping from 13.58% in early 2020 to 7.93% by the first quarter of 2025. This indicates a gradual reduction in liabilities related to current content obligations over the observed period.
- Accounts payable
- Accounts payable fluctuates throughout the quarters, generally hovering between 1.0% and 1.9%, with a slight downward trend towards the end of the period, ending at 1.18%. The variability suggests some operational adjustments in managing payables, but no major directional shift.
- Accrued expenses and other liabilities
- This category shows moderate volatility but generally trends slightly upward, increasing from 3.03% in early 2020 to 4.53% in the first quarter of 2025. The rising proportion could reflect increasing liabilities not classified elsewhere, potentially due to growing operational complexities or accrued obligations.
- Deferred revenue
- Deferred revenue remains relatively stable, fluctuating around 2.5% to 3.1%. Minor increases are noted around 2024, but overall, this item maintains a consistent share of the total, indicating steady recognition of revenues received in advance.
- Short-term debt
- Short-term debt shows initial stability around 1.2%-1.7%, followed by missing data in mid-2021 to early 2022. From the fourth quarter of 2022 onwards, it reappears with a significant increase, peaking at 3.67% in mid-2024 before declining to 1.93% by Q1 2025. This pattern suggests fluctuations in short-term borrowing, with a notable spike and subsequent reduction towards the end of the period.
- Current liabilities (total)
- The aggregate current liabilities decline from 22.40% in early 2020 to a low of 16% in 2022, then rise again to about 20% in 2024, finishing at 18.66% by Q1 2025. This pattern indicates a temporary reduction in current liabilities with a rebound in more recent periods, suggesting changing short-term obligations or liquidity management strategies.
- Non-current content liabilities
- This liability type shows a consistent downward trend, decreasing from 9.14% in early 2020 to 3.26% by the first quarter of 2025. The reduction implies a diminished long-term content-related liability burden over time.
- Long-term debt
- Long-term debt steadily declines from 40.42% in early 2020 to around 26-29% after 2023, with minor fluctuations. There is a slight recovery in late 2023 and into 2025, but the overall trajectory indicates a reduction in long-term leverage relative to total financing.
- Other non-current liabilities
- Other non-current liabilities remain stable, fluctuating mildly around 4.0%-5.5%, without any significant trend, suggesting consistent non-current obligations outside of debt and content liabilities.
- Non-current liabilities (total)
- Non-current liabilities decrease from 53.61% in early 2020 to between 33% and 39% during 2024-2025, mirroring the reductions seen in long-term debt and non-current content liabilities. This downward trend highlights a notable shift from long-term liabilities over the period.
- Total liabilities
- Total liabilities as a percentage of total liabilities and stockholders’ equity show a significant decline from 76.01% in early 2020 to approximately 53.87% in early 2025. This decline reflects the combined impact of reducing both current and non-current liabilities relative to the company’s capital base.
- Common stock, $0.001 par value
- This item demonstrates a steady increase from 8.37% to 12.82% over the five-year period, indicating growth in the company's issued common stock or capital structure.
- Treasury stock at cost
- Treasury stock is recorded as negative and intensifies in magnitude over time, starting from zero and declining sharply to -32.17% by Q1 2025. This suggests significant repurchasing of shares or stock buybacks, affecting the equity composition.
- Accumulated other comprehensive income (loss)
- The values fluctuate close to zero, with minor gains and losses, mostly negative after mid-2020. There is no clear trend, reflecting typical variations in unrealized gains/losses or other comprehensive items.
- Retained earnings
- Retained earnings show a strong and consistent increase from 15.75% in early 2020 to 65.64% by Q1 2025, representing a significant accumulation of profits retained within the company over time.
- Stockholders’ equity (total)
- Stockholders’ equity rises steadily from 23.99% in early 2020 to 46.13% by early 2025, indicating overall strengthening of the company’s equity base as liabilities decrease and retained earnings grow substantially.
- Total liabilities and stockholders’ equity
- The sum remains constant at 100% by definition, serving as a reference for the relative proportions of the individual items described.