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Gen Digital Inc. GEN Consumer Security — Goodwill Translation Adjustments

Discontinued — last reported Q4 '16

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Other financials

Income statement

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Revenue$1.3B+27.0%
Gross profit$1.0B+24.2%
Operating income$803.0M+92.6%
Net income$512.0M+261%
EPS (diluted)$0.83+261%

Balance sheet

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Cash & equivalents$411.0M-11.0%
Total debt$8.3B-0.7%
Total equity$2.6B+15.1%
Total assets$15.6B+0.6%

Cash flow

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Operating cash flow$479.0M+1.3%
CapEx$3.0M0.0%
Free cash flow$476.0M+1.3%

Valuation

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Market cap$14.57B-30.3%
Enterprise value$22.42B-20.5%
P/E15×-17.5×
P/S2.9×-2.4×

Profitability

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Gross margin78.5%-1.8pp
Operating margin42.4%+1.5pp
Net margin19.5%+3.1pp
FCF margin30.5%-0.2pp

Returns & leverage

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Return on equity39.9%+10.7pp
Debt / equity3.2×-0.5×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Gen Digital Inc. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillTranslationAdjustments.

The official record: Gen Digital Inc.’s 10-K, filed May 20, 2016, on SEC EDGAR. View the filing →

Questions, answered.

What does consumer security — goodwill translation adjustments mean?
This metric captures the cumulative adjustments to the Consumer Security segment's goodwill balance resulting from the translation of foreign-denominated assets into the reporting currency. Unlike gains or losses, this often reflects the net movement in the balance sheet equity section due to currency fluctuations. It provides transparency into how international asset valuations shift over time.