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5M72.49MOther Proceeds from Sale of Stock-----Issuance/Reduction of Debt, Net1.48B989.3M2.99B3.93B4.43BChange in Current Debt-----Change in Long-Term Debt1.48B989.3M2.99B3.93B4.43BIssuance of Long-Term Debt1.48B989.3M2.99B3.93B4.43BReduction in Long-Term Debt(545,000)----Other Funds80.47M65.35M255,000 (1.96M)-Other Uses---(1.96M)-Other Sources80.47M65.35M255,000 --Net Financing Cash Flow1.64B1.09B3.08B4.05B4.51BNet Financing Cash Flow Growth--33.45%181.87% 31.57%11.29%Net Financing Cash Flow / Sales24.19%12.36%26.32%25.63%22.35%Exchange Rate Effect(15.92M)(9.17M)29.85M(39.68M) 469,000Miscellaneous Funds-----Net Change in Cash695.72M(341.75M) 1.36B989.25M 1.23BFree Cash Flow(840.69M) (1.58B)(1.96B)(2.85B)(3.14B)Free Cash Flow Growth--88.14%-23.87% -45.69%-10.02%Free Cash Flow Yield-----2.15%NARatiosNetflix Assets
INDVIDUAL CASE STUDY24Dec 2019Dec 2018Dec 2017Long Term Debt14,759,26010, 360, 0586,499,432Total Assets33, 975, 71225,974,40019,012,742Debt to Assets0.430.400.34Netflix most definitely has more assets than they do debt. The numbers show that Netflix is continually doing well based on the fact they can keep their business running and successful. The quick ratio is a little lower than one but since this is viewed in an annual report instead of its normal quarterly report. The return on equity has slowly increased so this shows that Netflix is using its resources very effectively. Having a positive profit margin is also a good sign that Netflix is profitable and continually increasing their revenues. Alternative StrategiesThere are many strategies that Netflix could utilize to help as they try to grow their company. While these strategies can greatly vary, they can be classified into three different categories. These categories utilize stability, expansion, and retrenchment. Each of these differentcategories utilize different strategies depending on what the company believes they need to do. Any business who is trying to grow needs to ask itself whether it needs to continue the business as is, cut back on operations, or expand. Knowing the answer to this will let an organization know which category that they need to look at to find the strategy that they need [ CITATION Man19 \l 1033 ].The first category of strategies are considered stability strategies. Strategies in this category try to make no changes the company’s current activities. These strategies are good for businesses who are in a good market and do not need to change frequently to stay competitive.
INDVIDUAL CASE STUDY25This category works on protecting the existing interests and strengths of the organization[ CITATION Man19 \l 1033 ]. The next category of strategies for businesses has to do with expansion. A company will choose strategies in this category if they want to acquire a better market share or get optimum utilization of its available resources. There are two main ways that a company can expand their organization in the market. These ways include diversification of products or services or purchase or merge with other companies. Diversification can allow an organization to learn new skills or knowledge than it previously knew by opening new markets for them [ CITATION Man19 \l 1033 ].