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Deferred Tax Liability, Long-term for Netflix Inc

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NFLX: Netflix Inc

Netflix, Inc. provides entertainment services. The company offers television (TV) series, documentaries, feature films, and games across various genres and languages. It also provides members the abil...

918.00 USD
Price
USD
Fair Value
Upside
542.01 - 1,064.50
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Netflix Inc's Deferred Tax Liability, Long-term:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 202420 M60 M100 M140 M

Performance Summary
  • Netflix's deferred tax liability, long-term last quarter was 112.6 million
  • Looking back at the last 5 years, Netflix's deferred tax liability, long-term peaked in December 2023 at 126.2 million.
  • Netflix's deferred tax liability, long-term decreased in 2024 (112.6 million, -10.8%).

Benchmarks

Metric Usage: Deferred Tax Liability, Long-term

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Metrics similar to Deferred Tax Liability, Long-term in the financials category include:

  • Unearned Revenue Non Current - Revenue collected or promised for which the reporting company still has to provide goods or services over 12 months into the future.
  • Capital Expenditures - The overall change in capital expenditures and sales of plant, property and equipment. This field is used if a company does not report separately sales and purchases of plant, property and equipment or is calculated as the sum of purchases and sales of PP&E
  • Other Operating Expenses, Total - This item represents the other operating costs incurred during the given fiscal year.
  • Finance Division Debt, Current - This item represents those amounts pertaining to the finance division of an Industrial template company, which are in the nature of debt and are currently payable within one year or within the operating cycle of the business, usually with interest.
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Deferred Tax Liability, Long-term

A liability created by a difference between accounting for income tax purposes and financial reporting purposes.

Definition of Deferred Tax Liability, Long-term

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Netflix reported deferred tax liability, long-term of 112.6 M for the latest quarter ending December 31, 2024 on its balance sheet.

The tables below summarizes Netflix’s Deferred Tax Liability, Long-term and common size over the last five years:

Fiscal YearDeferred Tax Liability, Long-termAssets% Assets
2020-12-31NA39.28 B0.0%
2021-12-31NA44.585 B0.0%
2022-12-31NA48.595 B0.0%
2023-12-31126.2 M48.732 B0.3%
2024-12-31112.6 M53.63 B0.2%

The tables below summarizes Netflix’s Deferred Tax Liability, Long-term and common size over the last four quarters:

Quarter EndingDeferred Tax Liability, Long-termAssets% Assets
2024-03-31NA48.828 B0.0%
2024-06-30NA49.099 B0.0%
2024-09-30NA52.282 B0.0%
2024-12-31112.6 M53.63 B0.2%

Click the link below to download a spreadsheet with an example Deferred Tax Liability, Long-term calculation for Netflix Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-6.225 M63.775 M133.8 M255.2 M050100150200

The chart above depicts the distribution of deferred tax liability, long-term for companies operating in the Communication Services sector in the Developed economic region. Over 1,440 companies were considered in this analysis, and 371 had meaningful values. The average deferred tax liability, long-term of companies in the sector is 26.529 M with a standard deviation of 48.457 M.

Netflix Inc's Deferred Tax Liability, Long-term of 112.6 M ranks in the 91.9% percentile for the sector. The following table provides additional summary stats:

Deferred Tax Liability, Long-term In The Communication Services Sector
Economic Risk RegionDeveloped
Total Constituents1,447
Included Constituents371
Min0.234 K
Max249 M
Median4.421 M
Mean26.529 M
Standard Deviation48.457 M

You can find companies with similar deferred tax liability, long-term using this stock screener.

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