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Gen Digital Inc. GEN Foreign Countries — Operating Lease Right Of Use Asset

Discontinued — last reported Q2 '20

Similar metrics at other companies

Akamai Technologies logo
AKAMInternational — Operating Lease ROU Assets
$403.17M-0.9%
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MELIOther countries — Right of use asset
$177M+47.5%
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SMCIUnited States — Operating lease right-of-use asset
$279.5M+854%
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XPONon-US — Right-of-use assets
$824M+11.1%
TPX
TPXOther International — Operating Lease ROU Assets
TPX
TPXInternational — Operating Lease ROU Assets

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:OperatingLeaseRightOfUseAsset.

The official record: Gen Digital Inc.’s 10-Q, filed November 8, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does foreign countries — operating lease right of use asset mean?
The value of the company's right to use leased property and equipment located in foreign countries.
How do you interpret foreign countries — operating lease right of use asset?
An increase suggests an expansion of the company's leased international footprint or the renewal of long-term lease agreements. A decrease may indicate a reduction in international office space or the expiration of lease contracts.
How does foreign countries — operating lease right of use asset compare across companies?
Comparable to 'Operating Lease Right-of-Use Assets' reported by multinational corporations under ASC 842 or IFRS 16 standards.