Gen Digital Balance Sheet Health
Financial Health criteria checks 1/6
Gen Digital has a total shareholder equity of $2.2B and total debt of $8.6B, which brings its debt-to-equity ratio to 391.6%. Its total assets and total liabilities are $15.8B and $13.6B respectively. Gen Digital's EBIT is $1.2B making its interest coverage ratio 1.8. It has cash and short-term investments of $846.0M.
Key information
391.6%
Debt to equity ratio
US$8.60b
Debt
Interest coverage ratio | 1.8x |
Cash | US$846.00m |
Equity | US$2.20b |
Total liabilities | US$13.58b |
Total assets | US$15.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S1YM34's short term assets ($1.4B) do not cover its short term liabilities ($2.6B).
Long Term Liabilities: S1YM34's short term assets ($1.4B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: S1YM34's net debt to equity ratio (353.1%) is considered high.
Reducing Debt: S1YM34's debt to equity ratio has increased from 77.6% to 391.6% over the past 5 years.
Debt Coverage: S1YM34's debt is well covered by operating cash flow (24%).
Interest Coverage: S1YM34's interest payments on its debt are not well covered by EBIT (1.8x coverage).