NFLX has a debt to total capital ratio of 36.76% which is in-line with the Broadcasting & Cable TV industry's norm. The company should be able to comfortably repay debt given its Interest Coverage ratio of 3.23.
Netflix debt to equity is 58%. On the surface it looks fine, but when you realize its equity was full of intangibles and there is NO net tangible assets left for the stockholders, then its debt level is really gigantic.
Netflix Disgorges the Cash http://slackwire.blogspot.com/ 2011/11/netflix-disgorges- cash.html WHERE IS FBI? CRIMINAL DIVISION AT DOJ? Total streaming content obligations $5,023,748,000 RED ALERT AND SHORT TERM OBLIGATIONS OVER $2B+ AND LOOK AT FRAUD OPTION GRANT LOOT GOING ON: WOW more dilution hell for insider loot scam: massive Stock option Grants Balances as of June 30, 2012 5,098,863 5,098,863 this number alone brings over 11 million shares in dilution in a year: where are all Mutual fund (Share Holders)crooks and not questioning this massive insider loot grant dilutions?
Just re-short @ $58. Current PA of NFLX and market is showing some fatigue after such preposterous rallies. Though the market might not drop yet, much I'm sensing that there's not much juice left in the rally of NFLX.