Gen Digital Inc. (GEN)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 15,495,000 | 15,363,000 | 15,471,000 | 15,428,000 | 15,772,000 | 16,282,000 | 16,411,000 | 15,787,000 | 15,947,000 | 15,503,000 | 15,882,000 | 6,247,000 | 6,943,000 | 6,873,000 | 6,733,000 | 6,565,000 | 6,361,000 | 6,357,000 | 6,313,000 | 6,405,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $15,495,000K
= 0.00
Gen Digital Inc. has consistently maintained a debt-to-assets ratio of 0.00 since June 30, 2020, up to March 31, 2025. This indicates that the company has financed its assets predominantly through equity, rather than debt. A debt-to-assets ratio of 0.00 suggests that the company's assets are fully financed by equity, which may indicate a lower financial risk compared to companies with higher debt levels. However, it is important to note that a very low debt-to-assets ratio could also mean missed opportunities for leveraging debt for potential growth or tax advantages. Therefore, while the low debt level may signal financial stability, it is essential for Gen Digital Inc. to assess the optimal capital structure for its long-term growth and strategic objectives.
Peer comparison
Mar 31, 2025