Gen Digital Inc. (GEN)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | — | 15,772,000 | 15,947,000 | 6,943,000 | 6,361,000 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —
Gen Digital Inc.'s debt-to-assets ratio has consistently remained at 0.00 from March 31, 2021, through March 31, 2024. This indicates that the company has been utilizing minimal debt to finance its assets during this period. However, there is no data available for March 31, 2025, which prevents a complete assessment for that year. Keeping the debt-to-assets ratio at 0.00 signifies that Gen Digital Inc. has been relying more on equity financing rather than debt financing to fund its operations and investments, which could be viewed positively by investors and creditors as it indicates financial stability and lower risk for the company.
Peer comparison
Mar 31, 2025