Gen Digital Inc. (GEN)
Cash ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | — | 846,000 | 750,000 | 1,887,000 | 933,000 |
| Short-term investments | US$ in thousands | — | -397,000 | 0 | 4,000 | 18,000 |
| Total current liabilities | US$ in thousands | — | 2,648,000 | 2,849,000 | 3,065,000 | 2,136,000 |
| Cash ratio | — | 0.17 | 0.26 | 0.62 | 0.45 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($—K
+ $—K)
÷ $—K
= —
The cash ratio of Gen Digital Inc. has been fluctuating over the years. The ratio has shown a general upward trend from 0.45 on March 31, 2021, to 0.62 on March 31, 2022, indicating an improvement in the company's ability to cover its short-term liabilities with cash or cash equivalents. However, there was a significant decrease in the cash ratio to 0.26 on March 31, 2023, followed by a further decline to 0.17 on March 31, 2024, suggesting a potential liquidity challenge or increased short-term liabilities relative to available cash.
The absence of a value for March 31, 2025, requires further investigation to determine the company's current liquidity position. Overall, the trend in the cash ratio indicates fluctuations in the company's ability to meet its short-term obligations solely with cash reserves during the period under review.
Peer comparison
Mar 31, 2025