Gen Digital Balance Sheet Health
Financial Health criteria checks 1/6
Gen Digital has a total shareholder equity of $2.1B and total debt of $8.5B, which brings its debt-to-equity ratio to 406.5%. Its total assets and total liabilities are $15.5B and $13.4B respectively. Gen Digital's EBIT is $1.6B making its interest coverage ratio 2.6. It has cash and short-term investments of $737.0M.
Key information
406.5%
Debt to equity ratio
US$8.53b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$737.00m |
| Equity | US$2.10b |
| Total liabilities | US$13.37b |
| Total assets | US$15.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GEN's short term assets ($1.2B) do not cover its short term liabilities ($3.8B).
Long Term Liabilities: GEN's short term assets ($1.2B) do not cover its long term liabilities ($9.6B).
Debt to Equity History and Analysis
Debt Level: GEN's net debt to equity ratio (371.4%) is considered high.
Reducing Debt: GEN's debt to equity ratio has increased from 73.8% to 406.5% over the past 5 years.
Debt Coverage: GEN's debt is well covered by operating cash flow (25%).
Interest Coverage: GEN's interest payments on its debt are not well covered by EBIT (2.6x coverage).