NortonLifeLock Inc
XETRA:SYM
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NortonLifeLock Inc
Cash & Cash Equivalents
NortonLifeLock Inc
Cash & Cash Equivalents Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Cash & Cash Equivalents | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
N
|
NortonLifeLock Inc
XETRA:SYM
|
Cash & Cash Equivalents
$750m
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
Oracle Corp
NYSE:ORCL
|
Cash & Cash Equivalents
$38.5B
|
CAGR 3-Years
67%
|
CAGR 5-Years
11%
|
CAGR 10-Years
9%
|
|
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ServiceNow Inc
NYSE:NOW
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Cash & Cash Equivalents
$2.7B
|
CAGR 3-Years
13%
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CAGR 5-Years
8%
|
CAGR 10-Years
20%
|
|
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Palo Alto Networks Inc
NASDAQ:PANW
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Cash & Cash Equivalents
$4.2B
|
CAGR 3-Years
46%
|
CAGR 5-Years
14%
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CAGR 10-Years
26%
|
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Microsoft Corp
NASDAQ:MSFT
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Cash & Cash Equivalents
$32.1B
|
CAGR 3-Years
7%
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CAGR 5-Years
19%
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CAGR 10-Years
16%
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CrowdStrike Holdings Inc
NASDAQ:CRWD
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Cash & Cash Equivalents
$5.2B
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CAGR 3-Years
29%
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CAGR 5-Years
22%
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CAGR 10-Years
N/A
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NortonLifeLock Inc
Glance View
NortonLifeLock Inc., once rooted as a part of Symantec Corporation, has engineered a compelling narrative in the cybersecurity realm. Emerging from its parent company’s restructuring in 2019, it rebranded with an evocative focus on consumer cyber safety. The company’s primary mission is built around safeguarding digital identities and the personal information of individual users and small businesses. At its core, NortonLifeLock provides an integrated suite of cybersecurity solutions, including antivirus software, identity theft protection, and VPN services. These services are designed to shield customers from a growing spectrum of digital threats — from malware and ransomware to phishing attempts and privacy breaches. With cyber threats evolving constantly, the company invests heavily in its research and development to ensure its products remain at the cutting edge of technology, a necessary move to protect its reputation and maintain customer trust. Financially, NortonLifeLock thrives on a robust subscription-based model, which ensures a steady stream of recurring revenue. Subscriptions are the backbone of its economic engine, providing users with ongoing protection through regular software updates and new security features. Beyond individual consumers, partnerships with enterprises and strategic licensing agreements further bolster its revenue streams, allowing the company to expand its influence within the broader cybersecurity ecosystem. Through this model, NortonLifeLock also capitalizes on the heightened awareness and urgency surrounding digital security in a world incrementally dependent on online interactions and data exchange. By continually enhancing its offerings and assuring subscriber renewal through exemplary service and reliable protection, NortonLifeLock successfully solidifies its position in the competitive cybersecurity market.
See Also
What is NortonLifeLock Inc's Cash & Cash Equivalents?
Cash & Cash Equivalents
750m
USD
Based on the financial report for Mar 31, 2023, NortonLifeLock Inc's Cash & Cash Equivalents amounts to 750m USD.
What is NortonLifeLock Inc's Cash & Cash Equivalents growth rate?
Cash & Cash Equivalents CAGR 1Y
-60%
Over the last year, the Cash & Cash Equivalents growth was -60%.