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
Gen Digital (NASDAQ:GEN) Has A Pretty Healthy Balance Sheet
Jun 24
Here's Why Gen Digital (NASDAQ:GEN) Can Manage Its Debt Responsibly
Mar 10Is Gen Digital (NASDAQ:GEN) Using Too Much Debt?
Nov 09We Think Gen Digital (NASDAQ:GEN) Is Taking Some Risk With Its Debt
Jul 25These 4 Measures Indicate That Gen Digital (NASDAQ:GEN) Is Using Debt Extensively
Apr 13Gen Digital (NASDAQ:GEN) Has A Somewhat Strained Balance Sheet
Dec 02Recent updates
Gen Digital (NASDAQ:GEN) Is Paying Out A Dividend Of $0.125
Nov 03Gen Digital Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02Gen Digital: Improving Cash Flows Support Deleveraging
Oct 27Is Gen Digital Inc. (NASDAQ:GEN) Potentially Undervalued?
Oct 16Getting In Cheap On Gen Digital Inc. (NASDAQ:GEN) Might Be Difficult
Oct 01Gen Digital: Strong Growth, Good Fundamentals, And Decent Price Action Make A Buy
Sep 18Is There An Opportunity With Gen Digital Inc.'s (NASDAQ:GEN) 29% Undervaluation?
Sep 16Gen Digital (NASDAQ:GEN) Has A Pretty Healthy Balance Sheet
Jun 24Gen Digital: Cross-Selling And Partnership Strengths, But Rate-Sensitive
Jun 14Gen Digital Inc. (NASDAQ:GEN) Stocks Shoot Up 29% But Its P/E Still Looks Reasonable
Jun 06Is There Now An Opportunity In Gen Digital Inc. (NASDAQ:GEN)?
Jun 04Why Investors Shouldn't Be Surprised By Gen Digital Inc.'s (NASDAQ:GEN) Low P/E
Apr 08Gen Digital: Steady Business With Minimal Catalyst At Present
Mar 31Is Now The Time To Put Gen Digital (NASDAQ:GEN) On Your Watchlist?
Mar 24Here's Why Gen Digital (NASDAQ:GEN) Can Manage Its Debt Responsibly
Mar 10Is There An Opportunity With Gen Digital Inc.'s (NASDAQ:GEN) 43% Undervaluation?
Feb 25Gen Digital's (NASDAQ:GEN) Earnings Are Of Questionable Quality
Feb 12Gen Digital: The Debt Post-Merger Is Worrying
Jan 18Insufficient Growth At Gen Digital Inc. (NASDAQ:GEN) Hampers Share Price
Dec 26Should You Be Adding Gen Digital (NASDAQ:GEN) To Your Watchlist Today?
Dec 11Gen Digital's (NASDAQ:GEN) Dividend Will Be $0.125
Nov 13Is Gen Digital (NASDAQ:GEN) Using Too Much Debt?
Nov 09At US$16.88, Is It Time To Put Gen Digital Inc. (NASDAQ:GEN) On Your Watch List?
Oct 25Is There An Opportunity With Gen Digital Inc.'s (NASDAQ:GEN) 31% Undervaluation?
Sep 25Shareholders May Not Be So Generous With Gen Digital Inc.'s (NASDAQ:GEN) CEO Compensation And Here's Why
Sep 06Gen Digital's (NASDAQ:GEN) Dividend Will Be $0.125
Aug 08We Think Gen Digital (NASDAQ:GEN) Is Taking Some Risk With Its Debt
Jul 25Why Gen Digital Inc. (NASDAQ:GEN) Could Be Worth Watching
Jun 23Is There An Opportunity With Gen Digital Inc.'s (NASDAQ:GEN) 24% Undervaluation?
Jun 08These 4 Measures Indicate That Gen Digital (NASDAQ:GEN) Is Using Debt Extensively
Apr 13Why Gen Digital Inc. (NASDAQ:GEN) Could Be Worth Watching
Mar 14Is Gen Digital Inc. (NASDAQ:GEN) Trading At A 40% Discount?
Feb 27Gen Digital Inc. Beat Revenue Forecasts By 14%: Here's What Analysts Are Forecasting Next
Feb 05Gen Digital (NASDAQ:GEN) Has A Somewhat Strained Balance Sheet
Dec 02Gen Digital (NASDAQ:GEN) Is Due To Pay A Dividend Of $0.125
Nov 13Is Gen Digital Inc. (NASDAQ:GEN) Potentially Undervalued?
Nov 10Financial 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).