Gen Digital Inc. (GEN)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 2,269,000 | 2,151,000 | 2,098,000 | 1,970,000 | 2,197,000 | 2,418,000 | 2,414,000 | 2,337,000 | 2,200,000 | 1,310,000 | 1,698,000 | -299,000 | -93,000 | -98,000 | -232,000 | -497,000 | -500,000 | -492,000 | -476,000 | -503,000 |
| Financial leverage ratio | 6.83 | 7.14 | 7.37 | 7.83 | 7.18 | 6.73 | 6.80 | 6.76 | 7.25 | 11.83 | 9.35 | — | — | — | — | — | — | — | — | — |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $15,495,000K ÷ $2,269,000K
= 6.83
The financial leverage ratio of Gen Digital Inc. provides insight into the company's level of debt financing relative to its equity. From the available data, we observe that the ratio was not available up to March 31, 2023, and started to be reported from September 30, 2022, with a ratio of 9.35.
Subsequently, the financial leverage ratio decreased steadily to 6.73 by December 31, 2023, showing a reduction in the company's dependence on debt financing. However, the ratio increased slightly to 7.18 by March 31, 2024, before peaking at 7.83 by June 30, 2024.
From September 30, 2024, to March 31, 2025, the financial leverage ratio remained relatively stable around the range of 6.83 to 7.37. This indicates that the company's capital structure is not overly leveraged, with fluctuations within a moderate range over the reported periods.
Overall, monitoring the financial leverage ratio of Gen Digital Inc. can provide valuable insights into the company's debt management and capital structure decisions.
Peer comparison
Mar 31, 2025