Netflix Inc (NFLX) — Cash Flow-to-Debt Ratio
Netflix Inc (NFLX) has a Cash Flow-to-Debt Ratio of 0.07x as of December 2025, meaning its operating cash flow of $2.11 Billion could theoretically repay 0% of its total liabilities ($28.98 Billion) in one year. See NFLX cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Netflix Inc Cash Flow-to-Debt Ratio (2001–2025)
Historical debt coverage capacity for Netflix Inc across 25 annual periods. Also explore Netflix Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Netflix Inc (2001–2025)
Year-by-year debt coverage analysis for Netflix Inc. For market capitalisation and broader financial context, see market cap of Netflix Inc.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.35x | $10.15 Billion | $28.98 Billion | ▲ +37.4% |
| 2024 | 0.25x | $7.36 Billion | $28.89 Billion | ▼ -1.4% |
| 2023 | 0.26x | $7.27 Billion | $28.14 Billion | ▲ +254.8% |
| 2022 | 0.07x | $2.03 Billion | $27.82 Billion | ▲ +433.1% |
| 2021 | 0.01x | $392.61 Million | $28.74 Billion | ▼ -84.1% |
| 2020 | 0.09x | $2.43 Billion | $28.22 Billion | ▲ +178.6% |
| 2019 | -0.11x | $-2.89 Billion | $26.39 Billion | ▲ +15.4% |
| 2018 | -0.13x | $-2.68 Billion | $20.74 Billion | ▼ -11.7% |
| 2017 | -0.12x | $-1.79 Billion | $15.43 Billion | ▲ +14.4% |
| 2016 | -0.14x | $-1.47 Billion | $10.91 Billion | ▼ -43.9% |
| 2015 | -0.09x | $-749.44 Million | $7.98 Billion | ▼ -3062.4% |
| 2014 | 0.00x | $16.48 Million | $5.20 Billion | ▼ -86.8% |
| 2013 | 0.02x | $97.83 Million | $4.08 Billion | ▲ +239.6% |
| 2012 | 0.01x | $22.77 Million | $3.22 Billion | ▼ -94.6% |
| 2011 | 0.13x | $317.71 Million | $2.42 Billion | ▼ -67.1% |
| 2010 | 0.40x | $276.40 Million | $691.90 Million | ▼ -40.9% |
| 2009 | 0.68x | $325.06 Million | $480.59 Million | ▼ -35.5% |
| 2008 | 1.05x | $284.04 Million | $270.79 Million | ▼ -8.8% |
| 2007 | 1.15x | $291.82 Million | $253.68 Million | ▼ -9.7% |
| 2006 | 1.27x | $247.86 Million | $194.57 Million | ▲ +8.2% |
| 2005 | 1.18x | $162.98 Million | $138.43 Million | ▼ -23.8% |
| 2004 | 1.55x | $147.57 Million | $95.51 Million | ▲ +8.9% |
| 2003 | 1.42x | $89.79 Million | $63.30 Million | ▲ +45.6% |
| 2002 | 0.97x | $40.11 Million | $41.17 Million | ▲ +2555.9% |
| 2001 | 0.04x | $4.85 Million | $132.13 Million | — |