Free Cash Flow is the reliable metric
[QUOTE=NoGermaphobe;2258085]Don't know which company you are thinking of. But netflix has made a profit every year since 2005.
[URL]https://www.macrotrends.net/stocks/charts/NFLX/netflix/net-income[/URL][/QUOTE]I look at Cash Flow. You can play accounting games with other numbers on the Balance Sheet but not Cash Flow.
After a Company pays its expenses, taxes and other bills, is there any Cash left in the bank?
Netflix has negative Cash flow which means this company is spending MORE than it is EARNING. (See the negative sign in front of the numbers below).
[URL]https://www.macrotrends.net/stocks/charts/NFLX/netflix/cash-flow-from-operating-activities[/URL]
Netflix annual / quarterly cash flow from operating activities history and growth rate from 2006 to 2018. Cash flow from operating activities can be defined as a company's cash flows from operations.
Netflix cash flow from operating activities for the quarter ending September 30,2018 was $-1. 445 B, a 11.36% increase year-over-year.
Netflix cash flow from operating activities for the twelve months ending September 30,2018 was $-4. 223 B, a 5. 73% increase year-over-year.
Netflix annual cash flow from operating activities for 2017 was $-1. 786 B, a 21.16% increase from 2016.
Netflix annual cash flow from operating activities for 2016 was $-1. 474 B, a 96.68% increase from 2015.
Netflix annual cash flow from operating activities for 2015 was $-0. 749 B, a 4646.74% decline from 2014.