Gen Digital Inc. (GEN)
Financial leverage ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | — | 15,772,000 | 15,947,000 | 6,943,000 | 6,361,000 |
| Total stockholders’ equity | US$ in thousands | — | 2,197,000 | 2,200,000 | -93,000 | -500,000 |
| Financial leverage ratio | — | 7.18 | 7.25 | — | — |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The financial leverage ratio for Gen Digital Inc. has shown variability over the years. As of March 31, 2023, the ratio stands at 7.25, indicating that the company relies significantly on debt to finance its operations and growth. By March 31, 2024, the ratio has slightly decreased to 7.18, suggesting a slight improvement in the company's leverage position. However, it is concerning that there is missing data for March 31, 2021 and March 31, 2025, making it difficult to assess the overall trend in the company's financial leverage. Moving forward, it is essential for Gen Digital Inc. to carefully manage its debt levels to ensure a healthy balance between debt and equity financing.
Peer comparison
Mar 31, 2025