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can you explain netflix balance sheet and comment on their financial standing and what kind of assumption can you make about their balance sheet. Netflix
can you explain netflix balance sheet and comment on their financial standing and what kind of assumption can you make about their balance sheet.
Netflix 2019 March 31, 2020 June 30, 2020 September 30, 2020 Assets Current assets: s 5,018,437 S 5,151,884 S 7,153,248 s 8,392,391 Cash and cash equivalents Current content assets, net 1,160,067 1,295,897 1.410,891 Other current assets 1.434,089 Total current assets 6,178,504 6,447,781 8,564,139 9,826,480 Noncurrent content assets, net 24,504,567 25,266,889 25,155,117 25,067,633 565,221 650,455 751,941 828, 118 Property and equipment, net Other non-current assets 2,727,420 $ 33,975,712 2,694,785 S 35,059,910 2.704,084 $ 37,175,281 2.900,312 $ 38,622,543 Total assets Liabilities and Stockholders' Equity Current liabilities: S 4,413,561 $ 4,761,585 $ 4,664.733 4,599,654 Current content liabilities 674,347 545,488 446,668 541,298 Accounts payable Accrued expenses and other liabilities 843,043 1,061,090 986,595 1,259,124 Deferred revenue 924,745 986,753 1,029,261 1,040,202 498,809 499,161 499,517 Short-term debt Total current liabilities 6,855,696 7,853,725 7,626,418 7,939,795 Non-current content liabilities 3,334,323 3,206,051 3,208,164 2,926,574 14,759.260 14,170,692 15,294,998 Long-term debt 15,547,616 1,415,5bl 4,761,585 4,664,733 Current content liabilities 4,599,654 674,347 545,488 446,668 541,298 Accounts payable Accrued expenses and other liabilities 843,043 1,061,090 986,595 1,259,124 Deferred revenue 924,745 986,753 1,029,261 1,040,202 498,809 499,161 Short-term debt Total current liabilities 499,517 6,855,696 7,853,725 7,626,418 7,939,795 Non-current content liabilities 3,334,323 3,206,051 3,208,164 2,926,574 14,759,260 14,170,692 15,294,998 15,547,616 1,444,276 1,420,148 1,710,948 1,875,235 26,393,555 26,650,616 27,840,528 28,289,220 2,793,929 2,935,532 3,127,813 3,303,482 Long-term debt Other non-current liabilities Total liabilities Stockholders' equity: Common stock Accumulated other comprehensive income (loss) Retained earnings Total stockholders' equity Total liabilities and stockholders' equity (23,521) (47,054) (34,072) (1,147) 4,811,749 5,520,816 6,241,012 7,030,988 7,582,157 $ 33,975,712 8,409,294 $ 35,059,910 9,334,753 $ 37,175,281 10,333,323 $ 38,622,543 Step by Step Solution
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