Gen Income Before Tax vs Interest Income Analysis

GEN Stock  USD 25.03  0.26  1.03%   
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 Income Before Tax and its Interest Income 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 tightly coupled 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.

Income Before Tax vs Interest Income

Income Before Tax vs Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gen Digital Income Before Tax account and Interest Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Gen Digital's Income Before Tax and Interest Income is -0.09. Overlapping area represents the amount of variation of Income Before Tax that can explain the historical movement of Interest Income 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 Income Before Tax and Interest Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Income Before Tax of Gen Digital are associated (or correlated) with its Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Income has no effect on the direction of Income Before Tax i.e., Gen Digital's Income Before Tax and Interest Income go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Gen Digital income statement and is an important metric when analyzing Gen Digital profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Interest Income

Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.
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 tightly coupled 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 20th of May 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 Expense126M401M669M702.5M
Depreciation And Amortization334M376M485M366.4M

Gen Digital fundamental ratios Correlations

0.460.550.730.70.550.180.280.410.750.410.430.60.70.530.220.730.280.740.480.240.620.540.360.670.89
0.460.48-0.03-0.09-0.40.910.26-0.30.840.56-0.33-0.330.260.98-0.040.33-0.470.91-0.28-0.040.92-0.270.41-0.070.68
0.550.480.480.090.10.31-0.070.150.420.420.170.080.520.40.330.47-0.020.540.150.440.390.050.330.170.49
0.73-0.030.480.740.85-0.38-0.160.80.280.040.830.830.790.00.190.50.70.350.870.570.070.870.00.890.39
0.7-0.090.090.740.83-0.30.370.520.430.020.590.910.540.020.110.40.670.280.70.030.140.84-0.070.90.5
0.55-0.40.10.850.83-0.67-0.030.810.02-0.190.860.960.53-0.320.30.40.780.00.90.39-0.210.9-0.080.850.18
0.180.910.31-0.38-0.3-0.670.29-0.670.710.54-0.7-0.55-0.020.87-0.150.09-0.60.68-0.64-0.370.83-0.530.29-0.340.54
0.280.26-0.07-0.160.37-0.030.29-0.210.460.14-0.160.06-0.240.340.090.09-0.290.26-0.12-0.340.37-0.170.290.00.45
0.41-0.30.150.80.520.81-0.67-0.21-0.12-0.230.990.670.5-0.240.270.390.530.050.950.76-0.270.720.070.64-0.02
0.750.840.420.280.430.020.710.46-0.120.51-0.120.150.480.89-0.010.48-0.10.930.0-0.150.920.150.330.370.89
0.410.560.420.040.02-0.190.540.14-0.230.51-0.24-0.120.210.5-0.130.15-0.170.47-0.24-0.170.54-0.120.230.00.58
0.43-0.330.170.830.590.86-0.7-0.160.99-0.12-0.240.730.53-0.280.320.40.580.030.970.7-0.30.740.040.680.0
0.6-0.330.080.830.910.96-0.550.060.670.15-0.120.730.55-0.250.160.370.820.050.810.21-0.10.93-0.170.910.31
0.70.260.520.790.540.53-0.02-0.240.50.480.210.530.550.320.240.630.420.580.610.320.30.630.160.740.46
0.530.980.40.00.02-0.320.870.34-0.240.890.5-0.28-0.250.320.030.42-0.460.94-0.21-0.060.94-0.210.480.00.72
0.22-0.040.330.190.110.3-0.150.090.27-0.01-0.130.320.160.240.030.63-0.230.090.30.350.05-0.040.68-0.010.01
0.730.330.470.50.40.40.090.090.390.480.150.40.370.630.420.63-0.070.560.420.380.480.290.740.330.54
0.28-0.47-0.020.70.670.78-0.6-0.290.53-0.1-0.170.580.820.42-0.46-0.23-0.07-0.180.650.08-0.370.89-0.640.820.04
0.740.910.540.350.280.00.680.260.050.930.470.030.050.580.940.090.56-0.180.120.140.90.110.440.310.8
0.48-0.280.150.870.70.9-0.64-0.120.950.0-0.240.970.810.61-0.210.30.420.650.120.61-0.210.83-0.010.80.06
0.24-0.040.440.570.030.39-0.37-0.340.76-0.15-0.170.70.210.32-0.060.350.380.080.140.61-0.10.280.340.19-0.1
0.620.920.390.070.14-0.210.830.37-0.270.920.54-0.3-0.10.30.940.050.48-0.370.9-0.21-0.1-0.10.510.080.81
0.54-0.270.050.870.840.9-0.53-0.170.720.15-0.120.740.930.63-0.21-0.040.290.890.110.830.28-0.1-0.290.950.23
0.360.410.330.0-0.07-0.080.290.290.070.330.230.04-0.170.160.480.680.74-0.640.44-0.010.340.51-0.29-0.230.32
0.67-0.070.170.890.90.85-0.340.00.640.370.00.680.910.740.0-0.010.330.820.310.80.190.080.95-0.230.41
0.890.680.490.390.50.180.540.45-0.020.890.580.00.310.460.720.010.540.040.80.06-0.10.810.230.320.41
Click cells to compare fundamentals

Gen Digital Account Relationship Matchups

Gen Digital fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets7.7B6.4B6.9B15.9B15.8B8.5B
Short Long Term Debt Total4.3B3.7B3.8B9.8B8.6B9.0B
Other Current Liab702M535M720M805M677M390.4M
Total Current Liabilities2.6B2.1B3.1B2.8B2.6B2.3B
Total Stockholder Equity10M(500M)(93M)2.2B2.2B3.2B
Property Plant And Equipment Net326M154M134M119M72M68.4M
Net Debt2.1B2.8B1.9B9.1B7.8B8.1B
Retained Earnings(3.3B)(2.8B)(1.9B)(585M)(41M)(43.1M)
Cash2.2B933M1.9B750M846M803.7M
Non Current Assets Total4.7B4.8B4.7B14.7B14.4B15.1B
Non Currrent Assets Other216M104M146M710M143M117.5M
Cash And Short Term Investments2.3B951M1.9B750M846M803.7M
Net Receivables111M117M120M168M163M154.9M
Common Stock Shares Outstanding643M600M591M624M642M634.1M
Liabilities And Stockholders Equity7.7B6.4B6.9B15.9B15.8B8.5B
Non Current Liabilities Total5.1B4.7B4.0B10.9B10.9B11.5B
Other Stockholder Equity248.2M248.9M(4M)(15M)30M28.5M
Total Liab7.7B6.9B7.0B13.7B13.6B14.3B
Total Current Assets3.1B1.5B2.3B1.2B1.4B2.7B
Short Term Debt784M339M1.0B259M175M166.3M
Intangible Assets1.1B1.1B1.0B3.1B2.6B2.8B
Accounts Payable87M52M63M77M66M123.9M
Accumulated Other Comprehensive Income(16M)47M(4M)(15M)11M10.5M
Common Stock3.4B2.2B1.9B2.8B2.2B1.3B
Current Deferred Revenue1.0B1.2B1.3B1.7B1.7B2.2B
Good Will2.6B2.9B2.9B10.2B10.2B5.1B
Short Term Investments86M18M4M0.0(397M)(377.2M)
Net Tangible Assets(3.6B)(4.5B)(4.0B)(11.1B)(10.0B)(9.5B)
Long Term Debt3.5B3.3B2.7B9.5B8.4B5.8B
Net Invested Capital4.2B3.1B3.6B9.8B10.8B7.7B
Long Term Investments187M185M178M176M136M143.7M
Short Long Term Debt756M313M1B233M175M166.3M
Capital Stock3.4B2.2B1.9B2.8B2.2B2.3B
Net Working Capital457M(598M)(805M)(1.6B)(1.3B)(1.2B)
Property Plant Equipment326M154M134M76M68.4M65.0M

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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 tightly coupled 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.
Note that the Gen Digital information on this page should be used as a complementary analysis to other Gen Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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When running Gen Digital's price analysis, check to measure Gen Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gen Digital is operating at the current time. Most of Gen Digital's value examination focuses on studying past and present price action to predict the probability of Gen Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen Digital's price. Additionally, you may evaluate how the addition of Gen Digital to your portfolios can decrease your overall portfolio volatility.
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Is Gen Digital's industry 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.