Netflix isn't generating enough cash to justify its valuation it's trading at 146 times its estimated 2017 earnings, according to Bloomberg.Learn how to stream to your car with The Magic. Review Netflix Inc (NFLX:XNAS) stocks current information regarding return on assets, equity, invested capital, margins, and turnover over the last fiscal year. Netflix's accounting practices - like not categorizing a canceled show as a write-down - may be understating how high the company's costs are. Instantly watch live tv on any car equipped with CarPlay, just connect the Magic Box and start streaming.Disney's decision to exclude its new content from Netflix starting in 2019 is "troubling." Netflix's bids for licensed content would become harder because many content owners have already signed deals with competitors like Hulu.And it's financing this with a lot of borrowing - it holds $4.8 billion in long-term debt. Netflix expects its cash burn to total $2 billion to $2.5 billion this year, up from $1.7 billion in 2016. Video is expensive, and Netflix is running low on cash to make or buy blockbusters.And that, Hough argues, is its biggest weakness. ET Netflix viewers watched more than one billion hours of content per week in 2017. And its monthly streaming service is popular and growing faster than expected.īut content-wise, Netflix is "chiefly a hit-renter, not a hit-owner," Jack Hough wrote in the August 12 Barron's cover article. (2.86) 12.25 Current Price 440.49 Price as of June 30, 2023, 4:00 p.m. Discover the innovative world of Apple and shop everything iPhone, iPad, Apple Watch, Mac, and Apple TV, plus explore accessories, entertainment, and expert. Its stock has multiplied 69 times on a split-adjusted basis over the past decade. Sure, Netflix is one of the so-called FAANG stocks that are growing quickly and driving much of the stock market's gains. Account icon An icon in the shape of a person's head and shoulders.
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