Netflix Non Current Assets Total vs Intangible 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 Non Current Assets Total and its Intangible 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.

Non Current Assets Total vs Intangible Assets

Non Current Assets Total vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netflix Non Current Assets Total account and Intangible Assets. At this time, the significance of the direction appears to have totally related.
The correlation between Netflix's Non Current Assets Total and Intangible Assets is 1.0. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Intangible 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 Non Current Assets Total and Intangible 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 Non Current Assets Total of Netflix are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Non Current Assets Total i.e., Netflix's Non Current Assets Total and Intangible Assets go up and down completely randomly.

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 CEOs Directory module to screen CEOs from public companies around the world.

Complementary Tools for Netflix Stock analysis

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.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
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.