Gen Digital Inc. (GEN)
Debt-to-equity ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | — | 2,197,000 | 2,200,000 | -93,000 | -500,000 |
| Debt-to-equity ratio | — | 0.00 | 0.00 | — | — |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
Based on the provided data, the debt-to-equity ratio for Gen Digital Inc. was not available for the fiscal years ending on March 31, 2021 and March 31, 2022. However, for the fiscal years ending on March 31, 2023 and March 31, 2024, the company's debt-to-equity ratio showed a value of 0.00, indicating that the company had no debt relative to its equity during those periods.
It is important to note that a debt-to-equity ratio of 0.00 implies that the company had no debt on its balance sheet for those particular years, which can be perceived positively as it signifies a lower financial risk and a stronger financial position in terms of solvency and stability.
Furthermore, the data suggests that the debt-to-equity ratio information was not available for the fiscal year ending on March 31, 2025, which limits the ability to provide a comprehensive analysis for that specific period.
In summary, the trend of a debt-to-equity ratio of 0.00 over the reported fiscal years indicates that Gen Digital Inc. has maintained minimal debt relative to its equity, portraying a conservative approach towards capital structure and financial risk management.
Peer comparison
Mar 31, 2025