Seagate Technology Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Seagate Technology Holdings has a total shareholder equity of $-1.9B and total debt of $5.7B, which brings its debt-to-equity ratio to -300.2%. Its total assets and total liabilities are $7.1B and $9.0B respectively. Seagate Technology Holdings's EBIT is $202.0M making its interest coverage ratio 0.6. It has cash and short-term investments of $797.0M.
Key information
-300.2%
Debt to equity ratio
US$5.67b
Debt
Interest coverage ratio | 0.6x |
Cash | US$797.00m |
Equity | -US$1.89b |
Total liabilities | US$8.99b |
Total assets | US$7.10b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STX N has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: STX N 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: STX N has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: STX N's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: STX N's debt is not well covered by operating cash flow (12.4%).
Interest Coverage: STX N's interest payments on its debt are not well covered by EBIT (0.6x coverage).