Gen Non Recurring vs Income Before Tax Analysis
GEN Stock | USD 25.41 0.36 1.44% |
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 Non Recurring and its Income Before Tax 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.
Non Recurring vs Income Before Tax
Non Recurring vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gen Digital Non Recurring account and Income Before Tax. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gen Digital's Non Recurring and Income Before Tax is 0.25. Overlapping area represents the amount of variation of Non Recurring that can explain the historical movement of Income Before Tax 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 Non Recurring and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Recurring of Gen Digital are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Non Recurring i.e., Gen Digital's Non Recurring and Income Before Tax go up and down completely randomly.
Correlation Coefficient | 0.25 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Non Recurring
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.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 17th 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 (466 M)
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 2.4B | 2.7B | 2.8B | 2.6B | Total Revenue | 2.8B | 3.3B | 3.8B | 3.2B |
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) | (526.5M) | (552.8M) | |
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 | 4.1B | 4.3B | |
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) | (17.3M) | (16.4M) | |
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 | 3.6B | 3.7B | |
Accounts Payable | 87M | 52M | 63M | 77M | 66M | 123.9M | |
Accumulated Other Comprehensive Income | (16M) | 47M | (4M) | (15M) | (13.5M) | (12.8M) | |
Common Stock | 3.4B | 2.2B | 1.9B | 2.8B | 3.2B | 3.4B | |
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 | 388M | 252M | 86M | 18M | 4M | 0.0 | |
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 | 11.0B | 11.5B | |
Net Invested Capital | 4.2B | 3.1B | 3.6B | 9.8B | 8.8B | 4.9B | |
Long Term Investments | 187M | 185M | 178M | 176M | 158.4M | 150.7M | |
Short Long Term Debt | 756M | 313M | 1B | 233M | 209.7M | 199.2M | |
Capital Stock | 3.4B | 2.2B | 1.9B | 2.8B | 2.5B | 2.4B | |
Non Current Liabilities Other | 79M | 60M | 47M | 43M | 38.7M | 50.1M | |
Net Working Capital | 457M | (598M) | (805M) | (1.6B) | (1.5B) | (1.4B) | |
Property Plant Equipment | 326M | 154M | 134M | 76M | 68.4M | 65.0M |
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Try AI Portfolio ArchitectCheck 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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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.