Gen Digital Balance Sheet Health
Financial Health criteria checks 0/6
Gen Digital has a total shareholder equity of $2.4B and total debt of $9.3B, which brings its debt-to-equity ratio to 382.8%. Its total assets and total liabilities are $16.3B and $13.9B respectively. Gen Digital's EBIT is $1.6B making its interest coverage ratio 2.4. It has cash and short-term investments of $490.0M.
Key information
382.8%
Debt to equity ratio
US$9.26b
Debt
Interest coverage ratio | 2.4x |
Cash | US$490.00m |
Equity | US$2.42b |
Total liabilities | US$13.86b |
Total assets | US$16.28b |
Recent financial health updates
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
Why 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?
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Sep 02NortonLifeLock (NASDAQ:NLOK) Will Pay A Dividend Of $0.125
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Jun 05NortonLifeLock Inc. (NASDAQ:NLOK) Shares Could Be 39% Below Their Intrinsic Value Estimate
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May 12Is NortonLifeLock Inc. (NASDAQ:NLOK) Potentially Undervalued?
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Apr 19Should You Be Adding NortonLifeLock (NASDAQ:NLOK) To Your Watchlist Today?
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Mar 02NortonLifeLock (NASDAQ:NLOK) Will Pay A Dividend Of US$0.13
Feb 08Is Now An Opportune Moment To Examine NortonLifeLock Inc. (NASDAQ:NLOK)?
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Feb 04NortonLifeLock Inc.'s (NASDAQ:NLOK) Intrinsic Value Is Potentially 100% Above Its Share Price
Dec 21Financial Position Analysis
Short Term Liabilities: GEN's short term assets ($1.7B) do not cover its short term liabilities ($2.6B).
Long Term Liabilities: GEN's short term assets ($1.7B) do not cover its long term liabilities ($11.3B).
Debt to Equity History and Analysis
Debt Level: GEN's net debt to equity ratio (362.5%) is considered high.
Reducing Debt: GEN's debt to equity ratio has increased from 85.3% to 382.8% over the past 5 years.
Debt Coverage: GEN's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: GEN's interest payments on its debt are not well covered by EBIT (2.4x coverage).