Netflix Inc
NFLXCompany Overview
Netflix, Inc. engages in providing entertainment services. It also offers a broad set of activities for leisure time, entertainment video, video gaming, and other sources of entertainment. It operates through the United States and International geographic segments. The company was founded by Marc Randolph and Wilmot Reed Hastings on August 29, 1997 and is headquartered in Los Gatos, CA.
Country
US
Market Cap
$208.12B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
99.54%
failed
Liabilities Compliance
6.99%
passed
Final Shariah Status
Failed
This stock does not meet all Shariah compliance criteria according to AAOIFI standards.
Stock Information
| Name | Netflix Inc |
| Ticker | NFLX |
| Main Business | Entertainment |
| Type | Common Stock |
| Industry | Entertainment |
| Country | US |
| Market Cap | $208.12 B |
Shariah Analysis Breakdown
Business compliance Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Streaming revenues | $31,470.0 | $31,470.0 | - |
| DVD revenues | $145.7 | $0.0 | - |
| Interest income | $337.3 | $337.3 | - |
| Total | $31,953.0 | $31,807.3 | 99.54% (failed) |
Liabilities Compliance Breakdown
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $399,840,000.0 | 0.19% |
| long term debt and capital lease obligation | $14,140,000,000.0 | 6.79% |
| Total Interest-Bearing Debt | $14,539,840,000.0 | 6.99% |
| Market Capitalization | $208,121,724,800.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |