Netflix Other Current Assets vs Common Stock Analysis

NFLX Stock  USD 877.34  4.74  0.54%   
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 Other Current Assets and its Common Stock 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 closely tied 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.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Netflix Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have no relationship.
The correlation between Netflix's Other Current Assets and Common Stock is 0.05. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of Netflix, assuming nothing else is changed. The correlation between historical values of Netflix's Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Netflix are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., Netflix's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.05
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

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 closely tied 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

0.960.950.970.960.930.940.680.950.260.970.960.480.970.030.980.540.890.940.790.980.960.811.00.91.0
0.960.920.950.850.830.990.680.960.431.00.960.461.00.050.990.40.870.970.850.930.870.670.950.770.95
0.950.920.990.870.930.890.550.920.240.920.920.610.940.280.960.490.970.910.740.950.880.730.960.80.92
0.970.950.990.890.930.930.650.950.270.960.950.60.970.20.980.50.960.940.770.960.90.750.980.820.95
0.960.850.870.890.920.820.640.870.10.860.890.390.87-0.090.880.650.80.830.660.960.990.890.960.980.97
0.930.830.930.930.920.820.610.82-0.080.840.830.550.860.210.890.630.880.780.620.950.910.840.940.90.91
0.940.990.890.930.820.820.670.910.380.990.90.430.990.080.980.320.830.920.890.90.840.610.920.720.94
0.680.680.550.650.640.610.670.670.20.680.660.440.68-0.070.680.350.570.660.560.660.670.550.680.60.69
0.950.960.920.950.870.820.910.670.460.961.00.470.96-0.030.960.530.890.990.730.930.90.770.960.820.94
0.260.430.240.270.1-0.080.380.20.460.420.460.170.39-0.180.36-0.250.250.540.50.170.15-0.080.24-0.020.25
0.971.00.920.960.860.840.990.680.960.420.960.461.00.050.990.410.880.970.850.930.880.680.950.770.96
0.960.960.920.950.890.830.90.661.00.460.960.50.96-0.020.960.520.890.990.750.940.910.770.970.830.95
0.480.460.610.60.390.550.430.440.470.170.460.50.50.440.530.170.650.480.40.450.40.30.510.330.44
0.971.00.940.970.870.860.990.680.960.391.00.960.50.091.00.410.890.970.850.940.890.690.960.780.96
0.030.050.280.2-0.090.210.08-0.07-0.03-0.180.05-0.020.440.090.12-0.280.410.010.160.05-0.11-0.220.04-0.18-0.05
0.980.990.960.980.880.890.980.680.960.360.990.960.531.00.120.440.920.960.830.950.890.710.970.80.97
0.540.40.490.50.650.630.320.350.53-0.250.410.520.170.41-0.280.440.460.41-0.040.610.630.910.60.780.55
0.890.870.970.960.80.880.830.570.890.250.880.890.650.890.410.920.460.880.680.890.80.680.910.730.85
0.940.970.910.940.830.780.920.660.990.540.970.990.480.970.010.960.410.880.80.90.860.680.940.750.92
0.790.850.740.770.660.620.890.560.730.50.850.750.40.850.160.83-0.040.680.80.710.680.290.730.490.79
0.980.930.950.960.960.950.90.660.930.170.930.940.450.940.050.950.610.890.90.710.960.850.990.920.98
0.960.870.880.90.990.910.840.670.90.150.880.910.40.89-0.110.890.630.80.860.680.960.880.960.970.97
0.810.670.730.750.890.840.610.550.77-0.080.680.770.30.69-0.220.710.910.680.680.290.850.880.840.960.81
1.00.950.960.980.960.940.920.680.960.240.950.970.510.960.040.970.60.910.940.730.990.960.840.910.99
0.90.770.80.820.980.90.720.60.82-0.020.770.830.330.78-0.180.80.780.730.750.490.920.970.960.910.91
1.00.950.920.950.970.910.940.690.940.250.960.950.440.96-0.050.970.550.850.920.790.980.970.810.990.91
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 Total15.6B16.3B15.4B14.4B14.5B15.3B
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 Assets11.0B28.6B4.3B3.0B(1.0B)(983.8M)
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 Assets1.2B1.6B2.0B3.2B938.2M1.5B
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 Assets24.5B25.4B30.9B32.7B12.7B7.8B
Common Stock2.8B3.4B4.0B4.6B5.1B5.4B
Property Plant Equipment565.2M960.2M1.3B1.4B1.5B1.6B
Property Plant And Equipment Net565.2M960.2M1.3B1.4B3.6B3.7B
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 Other2.7B3.2B4.3B5.2B22.5B23.6B
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 Gross565.2M960.2M1.3B1.4B2.3B2.5B
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

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Additional 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.