Gen Digital Inc. (GEN)
Cash ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 1,006,000 | 883,000 | 737,000 | 644,000 | 846,000 | 490,000 | 629,000 | 623,000 | 750,000 | 812,000 | 1,095,000 | 1,291,000 | 1,887,000 | 1,771,000 | 1,526,000 | 1,230,000 | 933,000 | 1,046,000 | 1,009,000 | 1,073,000 |
| Short-term investments | US$ in thousands | — | — | — | — | -397,000 | — | — | — | 0 | 0 | 0 | 0 | 4,000 | 10,000 | 15,000 | 15,000 | 18,000 | 27,000 | 40,000 | 58,000 |
| Total current liabilities | US$ in thousands | 2,851,000 | 3,764,000 | 3,822,000 | 3,752,000 | 2,648,000 | 2,563,000 | 2,460,000 | 2,748,000 | 2,849,000 | 2,878,000 | 2,825,000 | 2,624,000 | 3,065,000 | 2,883,000 | 2,814,000 | 2,221,000 | 2,136,000 | 1,821,000 | 1,748,000 | 2,548,000 |
| Cash ratio | 0.35 | 0.23 | 0.19 | 0.17 | 0.17 | 0.19 | 0.26 | 0.23 | 0.26 | 0.28 | 0.39 | 0.49 | 0.62 | 0.62 | 0.55 | 0.56 | 0.45 | 0.59 | 0.60 | 0.44 |
March 31, 2025 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($1,006,000K
+ $—K)
÷ $2,851,000K
= 0.35
The cash ratio of Gen Digital Inc. has fluctuated over the years, ranging from as low as 0.17 to as high as 0.62. A higher cash ratio indicates a company's ability to cover its short-term liabilities with its available cash and cash equivalents.
The trend of the cash ratio shows some volatility, with some periods of increase followed by declines. Despite this volatility, the cash ratio has generally been within a moderate range, indicating that Gen Digital Inc. has maintained a reasonable level of liquidity throughout the years.
It is important to note that a cash ratio of 0.35 as of March 31, 2025, suggests that the company has 35 cents of cash and cash equivalents for every dollar of current liabilities, indicating a solid position in terms of liquidity. Maintaining an adequate cash ratio is crucial for ensuring the company can meet its short-term obligations without relying heavily on external financing.
Peer comparison
Mar 31, 2025