Gen Digital Inc. (GEN)
Quick ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | 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 |
| Receivables | US$ in thousands | — | 163,000 | 168,000 | 147,000 | 148,000 |
| Total current liabilities | US$ in thousands | — | 2,648,000 | 2,849,000 | 3,065,000 | 2,136,000 |
| Quick ratio | — | 0.23 | 0.32 | 0.66 | 0.51 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K
+ $—K
+ $—K)
÷ $—K
= —
The quick ratio, also known as the acid-test ratio, measures a company's ability to meet its short-term obligations with its most liquid assets. Gen Digital Inc.'s quick ratio has shown fluctuations over the past five years.
As of March 31, 2021, the quick ratio was 0.51, indicating that the company had $0.51 in liquid assets available to cover each dollar of current liabilities. Over the next three years, the quick ratio improved steadily to 0.66 as of March 31, 2022, reflecting a stronger liquidity position.
However, there was a notable decline in the quick ratio to 0.32 as of March 31, 2023, suggesting a potential strain on the company's ability to meet short-term obligations with readily available assets. This trend worsened further in the following year, with the quick ratio dropping to 0.23 as of March 31, 2024, pointing to a heightened liquidity risk.
It is important to note that the data for March 31, 2025, is unavailable (noted as "—"), making it challenging to assess the company's current liquidity position. Overall, the fluctuating trend in Gen Digital Inc.'s quick ratio indicates varying levels of liquidity and highlights the importance of monitoring the company's ability to meet its short-term obligations effectively.
Peer comparison
Mar 31, 2025