Gen Digital Inc. (GEN)
Quick 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 | 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 |
| Receivables | US$ in thousands | 171,000 | 265,000 | 178,000 | 163,000 | 163,000 | 200,000 | 176,000 | 145,000 | 168,000 | 192,000 | 177,000 | 121,000 | 147,000 | 128,000 | 124,000 | 124,000 | 148,000 | 243,000 | 187,000 | 165,000 |
| 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 |
| Quick ratio | 0.41 | 0.30 | 0.24 | 0.22 | 0.23 | 0.27 | 0.33 | 0.28 | 0.32 | 0.35 | 0.45 | 0.54 | 0.66 | 0.66 | 0.59 | 0.62 | 0.51 | 0.72 | 0.71 | 0.51 |
March 31, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($1,006,000K
+ $—K
+ $171,000K)
÷ $2,851,000K
= 0.41
The quick ratio of Gen Digital Inc. has shown some fluctuations over the period from June 30, 2020, to March 31, 2025. The quick ratio measures the company's ability to cover its short-term liabilities with its most liquid assets.
The quick ratio ranged from a low of 0.22 on June 30, 2024, to a high of 0.72 on December 31, 2020. Generally, a quick ratio below 1.0 indicates that the company may have difficulty meeting its short-term obligations.
The company's quick ratio improved from December 31, 2020, to September 30, 2021, reaching a level of 0.59. However, it then decreased to 0.45 by September 30, 2022, indicating potential liquidity challenges.
Overall, the trend in Gen Digital Inc.'s quick ratio suggests volatility in its ability to cover short-term obligations with its most liquid assets. It would be advisable for the company to closely monitor its liquidity position and take appropriate measures to ensure it can meet its short-term financial commitments.
Peer comparison
Mar 31, 2025