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 $1.5B making its interest coverage ratio 2.4. 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 | 2.4x |
| Cash | US$846.00m |
| Equity | US$2.20b |
| Total liabilities | US$13.58b |
| Total assets | US$15.77b |
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) 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 10NortonLifeLock Inc. (NASDAQ:NLOK) Shares Could Be 41% Below Their Intrinsic Value Estimate
Sep 19NortonLifeLock wins UK antitrust approval for purchase of Avast Plc
Sep 02NortonLifeLock (NASDAQ:NLOK) Will Pay A Dividend Of $0.125
Aug 09The Right Play On NortonLifeLock
Jul 21Does NortonLifeLock (NASDAQ:NLOK) Deserve A Spot On Your Watchlist?
Jul 18NortonLifeLock: Why I Take A Bullish View
Jul 08NortonLifeLock (NASDAQ:NLOK) Has Announced A Dividend Of US$0.13
Jun 05NortonLifeLock Inc. (NASDAQ:NLOK) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jun 02NortonLifeLock (NASDAQ:NLOK) Has Announced A Dividend Of US$0.13
May 12Is NortonLifeLock Inc. (NASDAQ:NLOK) Potentially Undervalued?
May 09Financial Position Analysis
Short Term Liabilities: GEN's short term assets ($1.4B) do not cover its short term liabilities ($2.6B).
Long Term Liabilities: GEN's short term assets ($1.4B) do not cover its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: GEN's net debt to equity ratio (353.1%) is considered high.
Reducing Debt: GEN's debt to equity ratio has increased from 77.6% to 391.6% over the past 5 years.
Debt Coverage: GEN's debt is well covered by operating cash flow (24%).
Interest Coverage: GEN's interest payments on its debt are not well covered by EBIT (2.4x coverage).