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Perform an Analysis on Netflix Companys Balance Sheet . This analysis will include a review of the current assets and liabilities and appropriate liquidity ratios,
Perform an Analysis on Netflix Companys Balance Sheet. This analysis will include a review of the current assets and liabilities and appropriate liquidity ratios, the capital structure, and the fixed and intangible asset accounting of the company. A thorough review of off-balance-sheet items should be included, such as leases and contingent liabilities. The format should be a Word document, following APA-style guidelines provided below. Include diagrams or exhibits illustrating your work.
NETFLIX INC (NFLX) CashFlowFlag BALANCE SHEET | |||||
Fiscal year ends in December. USD in millions except per share data. | 2012-12 | 2013-12 | 2014-12 | 2015-12 | 2016-12 |
Assets | |||||
Current assets | |||||
Cash | |||||
Cash and cash equivalents | 290 | 605 | 1114 | 1809 | 1468 |
Short-term investments | 458 | 595 | 495 | 501 | 266 |
Total cash | 748 | 1200 | 1608 | 2311 | 1734 |
Other current assets | 1493 | 1858 | 2332 | 3121 | 3987 |
Total current assets | 2241 | 3059 | 3940 | 5432 | 5720 |
Non-current assets | |||||
Property, plant and equipment | |||||
Gross property, plant and equipment | 336 | 357 | 415 | 471 | 545 |
Accumulated Depreciation | -204 | -224 | -265 | -297 | -294 |
Net property, plant and equipment | 132 | 134 | 150 | 173 | 250 |
Other long-term assets | 1595 | 2220 | 2966 | 4598 | 7616 |
Total non-current assets | 1727 | 2354 | 3116 | 4771 | 7866 |
Total assets | 3968 | 5413 | 7057 | 10203 | 13587 |
Liabilities and stockholders' equity | |||||
Liabilities | |||||
Current liabilities | |||||
Accounts payable | 86 | 108 | 202 | 253 | 313 |
Accrued liabilities | 53 | 54 | 70 | 140 | 198 |
Deferred revenues | 169 | 216 | 275 | 347 | 443 |
Other current liabilities | 1367 | 1776 | 2117 | 2789 | 3633 |
Total current liabilities | 1676 | 2154 | 2663 | 3530 | 4587 |
Non-current liabilities | |||||
Long-term debt | 400 | 500 | 900 | 2371 | 3364 |
Other long-term liabilities | 1147 | 1425 | 1636 | 2078 | 2956 |
Total non-current liabilities | 1547 | 1925 | 2536 | 4450 | 6320 |
Total liabilities | 3223 | 4079 | 5199 | 7979 | 10907 |
Stockholders' equity | |||||
Common stock | 0 | 0 | 0 | 1325 | 1600 |
Additional paid-in capital | 302 | 777 | 1043 | ||
Retained earnings | 440 | 552 | 819 | 942 | 1129 |
Accumulated other comprehensive income | 3 | 4 | -4 | -43 | -49 |
Total stockholders' equity | 745 | 1334 | 1858 | 2223 | 2680 |
Total liabilities and stockholders' equity | 3968 | 5413 | 7057 | 10203 | 13587 |
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