Seagate Technology Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Seagate Technology Holdings has a total shareholder equity of $-1.5B and total debt of $5.7B, which brings its debt-to-equity ratio to -380.6%. Its total assets and total liabilities are $7.7B and $9.2B respectively. Seagate Technology Holdings's EBIT is $441.0M making its interest coverage ratio 1.4. It has cash and short-term investments of $1.4B.
Key information
-380.6%
Debt to equity ratio
US$5.67b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$1.36b |
| Equity | -US$1.49b |
| Total liabilities | US$9.23b |
| Total assets | US$7.74b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S1TX34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: S1TX34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: S1TX34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: S1TX34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: S1TX34's debt is not well covered by operating cash flow (16.2%).
Interest Coverage: S1TX34's interest payments on its debt are not well covered by EBIT (1.4x coverage).