Question: How Much Debt Does Netflix Have?

How much in debt is Tesla?

The image below, which you can click on for greater detail, shows that at September 2020 Tesla had debt of US$12.3b, up from US$11.8b in one year.

However, its balance sheet shows it holds US$14.5b in cash, so it actually has US$2.21b net cash..

Who really owns Netflix?

Meet Netflix billionaire Reed Hastings, who has spent millions on education reform, takes 6 weeks of vacation every year, and says he has no hobbies outside of work. After racking up $40 in late fees at a traditional video rental store, Reed Hastings co-founded Netflix and made $5 billion in the process.

Why is Netflix in debt?

Netflix chooses to finance its business with more debt to optimize its cost of capital. And, frankly, that’s already saying a lot since many businesses don’t know or care to calculate their cost of capital. As mentioned above, content costs make Netflix a high capex business.

Is Netflix going to remove cuties?

But Netflix will not be moved. In other words, Cuties is still available for streaming on Netflix. And there are no plans for its removal even though Netflix is facing an indictment over the film in Tyler County, Texas, about 115 miles away from Houston.

How much debt does Disney have?

Based on Walt Disney’s financial statement as of August 4, 2020, long-term debt is at $54.20 billion and current debt is at $10.22 billion, amounting to $64.42 billion in total debt. Adjusted for $23.11 billion in cash-equivalents, the company’s net debt is at $41.31 billion.

Is Netflix bigger than Disney?

That gives Netflix a current market capitalization of $187.3 billion, putting it just over Disney’s $186.6 billion, after the media conglomerate’s stock finished down 2.5% amid a broader market decline Wednesday. … Many analysts expect Netflix to gain more than that.

Is Facebook Debt Free?

By 2021 the company could be approaching an Apple-like $100 billion in cash, and unlike Apple, Facebook has no long-term debt.

How much is Apple’s debt?

Based on Apple’s financial statement as of July 31, 2020, long-term debt is at $94.05 billion and current debt is at $18.68 billion, amounting to $112.72 billion in total debt. Adjusted for $33.38 billion in cash-equivalents, the company’s net debt is at $79.34 billion.

What is the future for Netflix?

Content expenditures will grow from $15 billion in 2020 to $23 billion in 2025 and grow 3% every year after that, becoming 36% of revenues in the terminal year. Netflix will never add more than 30 million subscribers per year. ARPU will grow by 3% per year, 2% in 2030, and after.

Does Netflix have too much debt?

Netflix, which has about $15 billion in debt, last raised money in October 2019 through a $2 billion offering of senior notes.

Is Netflix in financial trouble?

The problem is that Netflix’s content budget keeps going up, and it’s spending nearly as much on content per year as it takes in in overall revenue. … For fiscal 2019, the company reported roughly $19 billion in revenue and a record negative $3.3 billion in free cash flow (FCF).