Netflix Inc Cash Flow-to-Debt Ratio
Netflix Inc 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. Check NFLX cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Netflix Inc (2001–2025)
Cash flow-to-debt ratio of Netflix Inc from 2001 to 2025. Historical debt coverage capacity for Netflix Inc across 25 annual periods. Check Netflix Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Netflix Inc Cash Flow-to-Debt Ratio by Year (2001–2025)
Netflix Inc cash flow-to-debt ratio by year from 2001 to 2025. Year-by-year debt coverage analysis for Netflix Inc. For the full cash flow conversion analysis, see NFLX cash flow metrics.
| 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 | — |