Gen Current Deferred Revenue vs Good Will Analysis
GEN Stock | USD 25.46 0.64 2.58% |
Gen Digital financial indicator trend analysis is much more than just examining Gen Digital latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gen Digital is a good investment. Please check the relationship between Gen Digital Current Deferred Revenue and its Good Will accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.
Current Deferred Revenue vs Good Will
Current Deferred Revenue vs Good Will Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gen Digital Current Deferred Revenue account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Gen Digital's Current Deferred Revenue and Good Will is 0.41. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Good Will in the same time period over historical financial statements of Gen Digital, assuming nothing else is changed. The correlation between historical values of Gen Digital's Current Deferred Revenue and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Gen Digital are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Current Deferred Revenue i.e., Gen Digital's Current Deferred Revenue and Good Will go up and down completely randomly.
Correlation Coefficient | 0.41 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most indicators from Gen Digital's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gen Digital current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.As of the 6th of June 2024, Selling General Administrative is likely to drop to about 405.6 M. In addition to that, Tax Provision is likely to grow to about (149.2 M)
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 126M | 401M | 669M | 702.5M | Depreciation And Amortization | 334M | 376M | 485M | 366.4M |
Gen Digital fundamental ratios Correlations
Click cells to compare fundamentals
Gen Digital Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Gen Digital fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 7.7B | 6.4B | 6.9B | 15.9B | 15.8B | 8.5B | |
Short Long Term Debt Total | 4.3B | 3.7B | 3.8B | 9.8B | 8.6B | 9.0B | |
Other Current Liab | 702M | 535M | 720M | 805M | 677M | 390.4M | |
Total Current Liabilities | 2.6B | 2.1B | 3.1B | 2.8B | 2.6B | 2.3B | |
Total Stockholder Equity | 10M | (500M) | (93M) | 2.2B | 2.2B | 3.2B | |
Property Plant And Equipment Net | 326M | 154M | 134M | 119M | 72M | 68.4M | |
Net Debt | 2.1B | 2.8B | 1.9B | 9.1B | 7.8B | 8.1B | |
Retained Earnings | (3.3B) | (2.8B) | (1.9B) | (585M) | (41M) | (43.1M) | |
Cash | 2.2B | 933M | 1.9B | 750M | 846M | 803.7M | |
Non Current Assets Total | 4.7B | 4.8B | 4.7B | 14.7B | 14.4B | 15.1B | |
Non Currrent Assets Other | 216M | 104M | 146M | 710M | 143M | 117.5M | |
Cash And Short Term Investments | 2.3B | 951M | 1.9B | 750M | 846M | 803.7M | |
Net Receivables | 111M | 117M | 120M | 168M | 163M | 154.9M | |
Common Stock Shares Outstanding | 643M | 600M | 591M | 624M | 642M | 634.1M | |
Liabilities And Stockholders Equity | 7.7B | 6.4B | 6.9B | 15.9B | 15.8B | 8.5B | |
Non Current Liabilities Total | 5.1B | 4.7B | 4.0B | 10.9B | 10.9B | 11.5B | |
Other Stockholder Equity | 248.2M | 248.9M | (4M) | (15M) | 30M | 28.5M | |
Total Liab | 7.7B | 6.9B | 7.0B | 13.7B | 13.6B | 14.3B | |
Total Current Assets | 3.1B | 1.5B | 2.3B | 1.2B | 1.4B | 2.7B | |
Short Term Debt | 784M | 339M | 1.0B | 259M | 175M | 166.3M | |
Intangible Assets | 1.1B | 1.1B | 1.0B | 3.1B | 2.6B | 2.8B | |
Accounts Payable | 87M | 52M | 63M | 77M | 66M | 123.9M | |
Accumulated Other Comprehensive Income | (16M) | 47M | (4M) | (15M) | 11M | 10.5M | |
Common Stock | 3.4B | 2.2B | 1.9B | 2.8B | 2.2B | 1.3B | |
Current Deferred Revenue | 1.0B | 1.2B | 1.3B | 1.7B | 1.7B | 2.2B | |
Good Will | 2.6B | 2.9B | 2.9B | 10.2B | 10.2B | 5.1B | |
Short Term Investments | 86M | 18M | 4M | 0.0 | (397M) | (377.2M) | |
Net Tangible Assets | (3.6B) | (4.5B) | (4.0B) | (11.1B) | (10.0B) | (9.5B) | |
Long Term Debt | 3.5B | 3.3B | 2.7B | 9.5B | 8.4B | 5.8B | |
Net Invested Capital | 4.2B | 3.1B | 3.6B | 9.8B | 10.8B | 7.7B | |
Long Term Investments | 187M | 185M | 178M | 176M | 136M | 143.7M | |
Short Long Term Debt | 756M | 313M | 1B | 233M | 175M | 166.3M | |
Capital Stock | 3.4B | 2.2B | 1.9B | 2.8B | 2.2B | 2.3B | |
Net Working Capital | 457M | (598M) | (805M) | (1.6B) | (1.3B) | (1.2B) | |
Property Plant Equipment | 326M | 154M | 134M | 76M | 68.4M | 65.0M |
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Try AI Portfolio ArchitectAdditional Information and Resources on Investing in Gen Stock
When determining whether Gen Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gen Digital's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gen Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gen Digital Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gen Digital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gen Digital. If investors know Gen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gen Digital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Dividend Share 0.5 | Earnings Share 0.96 | Revenue Per Share 5.984 | Quarterly Revenue Growth 0.021 |
The market value of Gen Digital is measured differently than its book value, which is the value of Gen that is recorded on the company's balance sheet. Investors also form their own opinion of Gen Digital's value that differs from its market value or its book value, called intrinsic value, which is Gen Digital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gen Digital's market value can be influenced by many factors that don't directly affect Gen Digital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gen Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gen Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gen Digital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.