Netflix Common Stock Shares Outstanding vs Other Assets Analysis

NFLX Stock  USD 561.23  3.57  0.63%   
Netflix financial indicator trend analysis is infinitely more than just investigating Netflix recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Netflix is a good investment. Please check the relationship between Netflix Common Stock Shares Outstanding and its Other Assets accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netflix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.

Common Stock Shares Outstanding vs Other Assets

Common Stock Shares Outstanding vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netflix Common Stock Shares Outstanding account and Other Assets. At this time, the significance of the direction appears to have very week relationship.
The correlation between Netflix's Common Stock Shares Outstanding and Other Assets is 0.21. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Assets in the same time period over historical financial statements of Netflix, assuming nothing else is changed. The correlation between historical values of Netflix's Common Stock Shares Outstanding and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Netflix are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Common Stock Shares Outstanding i.e., Netflix's Common Stock Shares Outstanding and Other Assets go up and down completely randomly.

Correlation Coefficient

0.21
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Assets

Most indicators from Netflix's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Netflix current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netflix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.At this time, Netflix's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 837.3 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 149 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit12.4B12.4B14.0B14.7B
Total Revenue29.7B31.6B33.7B35.4B

Netflix fundamental ratios Correlations

0.970.950.970.960.930.940.680.950.380.970.960.480.97-0.060.980.540.890.941.00.980.960.961.00.91.0
0.970.920.960.860.840.980.690.970.521.00.960.461.0-0.030.990.420.870.970.970.930.870.880.960.780.96
0.950.920.990.870.930.890.550.920.350.920.920.610.940.180.960.490.970.910.930.950.870.880.960.80.92
0.970.960.990.890.930.930.650.950.380.960.950.60.970.110.980.50.960.940.960.960.890.90.980.820.95
0.960.860.870.890.920.820.640.870.230.860.890.390.87-0.190.880.650.80.830.950.960.990.990.960.980.97
0.930.840.930.930.920.820.610.820.050.840.830.550.860.10.890.630.880.780.910.950.920.910.940.90.91
0.940.980.890.930.820.820.670.910.460.990.90.430.990.030.980.320.830.920.950.90.820.840.920.720.94
0.680.690.550.650.640.610.670.670.280.680.660.440.68-0.120.680.350.570.660.690.660.660.670.680.60.69
0.950.970.920.950.870.820.910.670.590.961.00.470.96-0.110.960.530.890.990.940.930.890.90.960.820.94
0.380.520.350.380.230.050.460.280.590.520.580.210.49-0.210.46-0.060.350.640.390.30.270.290.370.140.37
0.971.00.920.960.860.840.990.680.960.520.960.461.0-0.020.990.410.880.970.970.930.870.880.950.770.96
0.960.960.920.950.890.830.90.661.00.580.960.50.96-0.10.960.520.890.990.950.940.910.910.970.830.95
0.480.460.610.60.390.550.430.440.470.210.460.50.50.390.530.170.650.480.450.450.390.410.510.330.44
0.971.00.940.970.870.860.990.680.960.491.00.960.50.021.00.410.890.970.970.940.870.890.960.780.96
-0.06-0.030.180.11-0.190.10.03-0.12-0.11-0.21-0.02-0.10.390.020.04-0.40.31-0.05-0.1-0.05-0.22-0.2-0.06-0.29-0.13
0.980.990.960.980.880.890.980.680.960.460.990.960.531.00.040.440.920.960.980.950.880.890.970.80.97
0.540.420.490.50.650.630.320.350.53-0.060.410.520.170.41-0.40.440.460.410.520.610.670.630.60.780.55
0.890.870.970.960.80.880.830.570.890.350.880.890.650.890.310.920.460.880.850.890.80.80.910.730.85
0.940.970.910.940.830.780.920.660.990.640.970.990.480.97-0.050.960.410.880.930.90.850.860.940.750.92
1.00.970.930.960.950.910.950.690.940.390.970.950.450.97-0.10.980.520.850.930.970.950.960.990.891.0
0.980.930.950.960.960.950.90.660.930.30.930.940.450.94-0.050.950.610.890.90.970.960.960.990.920.98
0.960.870.870.890.990.920.820.660.890.270.870.910.390.87-0.220.880.670.80.850.950.961.00.960.980.97
0.960.880.880.90.990.910.840.670.90.290.880.910.410.89-0.20.890.630.80.860.960.961.00.960.970.97
1.00.960.960.980.960.940.920.680.960.370.950.970.510.96-0.060.970.60.910.940.990.990.960.960.910.99
0.90.780.80.820.980.90.720.60.820.140.770.830.330.78-0.290.80.780.730.750.890.920.980.970.910.91
1.00.960.920.950.970.910.940.690.940.370.960.950.440.96-0.130.970.550.850.921.00.980.970.970.990.91
Click cells to compare fundamentals

Netflix Account Relationship Matchups

Netflix fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets34.0B39.3B44.6B48.6B48.7B51.2B
Short Long Term Debt Total14.8B16.3B15.4B14.4B14.5B15.3B
Other Current Liab4.4B5.5B5.7B6.0B6.3B6.6B
Total Current Liabilities6.9B7.8B8.5B7.9B8.9B9.3B
Total Stockholder Equity7.6B11.1B15.8B20.8B20.6B21.6B
Other Liab3.9B3.4B2.6B5.6B6.4B6.7B
Net Debt9.7B8.1B9.4B9.2B7.4B7.8B
Accounts Payable674.3M656.2M837.5M671.5M747.4M784.8M
Cash5.0B8.2B6.0B5.1B7.1B7.5B
Other Assets11.0B28.6B4.3B3.0B3.4B2.8B
Long Term Debt14.8B15.8B14.7B14.4B14.1B14.9B
Cash And Short Term Investments5.0B8.2B6.0B6.1B7.1B7.5B
Common Stock Shares Outstanding451.8M454.2M455.4M451.3M449.5M467.9M
Liabilities And Stockholders Equity34.0B39.3B44.6B48.6B48.7B51.2B
Non Current Liabilities Total19.5B20.4B20.2B19.9B19.3B20.2B
Other Current Assets1.2B1.6B2.0B3.2B529.3M502.8M
Total Liab26.4B28.2B28.7B27.8B28.1B29.6B
Total Current Assets6.2B9.8B8.1B9.3B9.9B10.4B
Cash And Equivalents5.0B8.2B6.0B5.1B5.9B6.2B
Intangible Assets24.5B25.4B30.9B32.7B31.7B33.2B
Common Stock2.8B3.4B4.0B4.6B5.1B5.4B
Property Plant Equipment565.2M960.2M1.3B1.4B1.6B1.7B
Property Plant And Equipment Net565.2M960.2M1.3B1.4B1.5B1.6B
Current Deferred Revenue924.7M1.1B1.2B1.3B1.4B1.5B
Retained Earnings4.8B7.6B12.7B17.2B22.6B23.7B
Non Current Assets Total27.8B29.5B36.5B39.3B38.8B40.8B
Non Currrent Assets Other2.7B3.2B4.3B5.2B3.7B3.9B
Other Stockholder Equity418K479K398K(824.2M)(6.9B)(6.6B)
Accumulated Other Comprehensive Income(23.5M)44.4M(40.5M)(217.3M)(223.9M)(212.7M)
Short Term Debt843.0M499.9M699.8M0.0399.8M206.9M
Common Stock Total Equity2.8B3.4B4.0B4.6B5.3B5.6B
Property Plant And Equipment Gross418.3M565.2M960.2M2.3B2.7B2.8B
Net Receivables979.1M610.8M804.3M1.6B1.8B2.0B
Net Tangible Assets7.6B11.1B(15.1B)20.8B23.9B25.1B
Retained Earnings Total Equity4.8B7.6B12.7B17.2B19.8B20.7B
Long Term Debt Total14.8B15.8B14.7B14.4B16.5B17.3B
Non Current Liabilities Other4.8B4.6B5.6B5.5B5.1B3.4B

Netflix Investors Sentiment

The influence of Netflix's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Netflix. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Netflix's public news can be used to forecast risks associated with an investment in Netflix. The trend in average sentiment can be used to explain how an investor holding Netflix can time the market purely based on public headlines and social activities around Netflix. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Netflix's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Netflix's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Netflix's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Netflix.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Netflix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Netflix's short interest history, or implied volatility extrapolated from Netflix options trading.

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When determining whether Netflix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Netflix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Netflix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Netflix Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netflix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Netflix Stock please use our How to Invest in Netflix guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Netflix's price analysis, check to measure Netflix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Netflix is operating at the current time. Most of Netflix's value examination focuses on studying past and present price action to predict the probability of Netflix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netflix's price. Additionally, you may evaluate how the addition of Netflix to your portfolios can decrease your overall portfolio volatility.
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Is Netflix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Netflix. If investors know Netflix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Netflix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.833
Earnings Share
14.43
Revenue Per Share
79.703
Quarterly Revenue Growth
0.148
Return On Assets
0.1001
The market value of Netflix is measured differently than its book value, which is the value of Netflix that is recorded on the company's balance sheet. Investors also form their own opinion of Netflix's value that differs from its market value or its book value, called intrinsic value, which is Netflix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Netflix's market value can be influenced by many factors that don't directly affect Netflix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Netflix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Netflix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Netflix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.