Is it safe?
Can NFLX take a bad year?
Netflix carries $5.18B of net debt at 0.35× EBITDA: a load its earnings can carry.
$5.18B
Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.35×
Net debt / EBITDA · 0.48× a year ago · the load is coming down
- Altman Z-score
- 8.99
Altman Z-score · safe zone, above 3
- Interest cover
- 16.9×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ2 2026
- $14.3B
- Cash and short-term investments
- $9.13B
- Net debt
- $5.18B
- EBITDA, trailing twelve months
- $14.7B
- Operating profit, trailing twelve months
- $14.4B
- Debt / equity
- 0.47×
- Total debt / EBITDA
- 0.97×
- Annualised volatilitytwo years of daily moves
- 34%
- Worst drawdown on file
- −76%
- Below its 52-week high
- −35%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.