Seagate Technology Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Seagate Technology Holdings has a total shareholder equity of $459.0M and total debt of $4.5B, which brings its debt-to-equity ratio to 980.2%. Its total assets and total liabilities are $8.7B and $8.2B respectively. Seagate Technology Holdings's EBIT is $2.6B making its interest coverage ratio 9.2. It has cash and short-term investments of $1.0B.
Key information
980.17%
Debt to equity ratio
US$4.50b
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$1.05b |
| Equity | US$459.00m |
| Total liabilities | US$8.25b |
| Total assets | US$8.71b |
Recent financial health updates
Recent updates
Seagate: No Surprises Until 2028, High Prices Locked In
Feb 23
HAMR Time: Dominating the High-Capacity Cloud
Seagate Technology (STX) has transformed itself from a legacy hardware maker into a critical AI infrastructure darling, with its stock price hitting $411 in February 2026. This 330% climb over the past year has been fueled by the successful commercialization of Heat-Assisted Magnetic Recording (HAMR) technology.After Leaping 41% Seagate Technology Holdings plc (NASDAQ:STX) Shares Are Not Flying Under The Radar
Feb 09
Seagate Technology Holdings (NASDAQ:STX) Is Paying Out A Larger Dividend Than Last Year
Nov 01Seagate Technology Holdings plc Just Recorded A 16% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 31Earnings Tell The Story For Seagate Technology Holdings plc (NASDAQ:STX) As Its Stock Soars 27%
Sep 11Seagate Technology Holdings (NASDAQ:STX) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Aug 08Why Investors Shouldn't Be Surprised By Seagate Technology Holdings plc's (NASDAQ:STX) 26% Share Price Surge
Jun 20Revenues Not Telling The Story For Seagate Technology Holdings plc (NASDAQ:STX) After Shares Rise 39%
May 04Results: Seagate Technology Holdings plc Beat Earnings Expectations And Analysts Now Have New Forecasts
May 02Financial Position Analysis
Short Term Liabilities: STX's short term assets ($4.2B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: STX's short term assets ($4.2B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: STX's net debt to equity ratio (752.3%) is considered high.
Reducing Debt: STX's debt to equity ratio has increased from 525.1% to 980.2% over the past 5 years.
Debt Coverage: STX's debt is well covered by operating cash flow (44.9%).
Interest Coverage: STX's interest payments on its debt are well covered by EBIT (9.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/26 22:56 |
| End of Day Share Price | 2026/02/26 00:00 |
| Earnings | 2026/01/02 |
| Annual Earnings | 2025/06/27 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Seagate Technology Holdings plc is covered by 48 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Tristan Gerra | Baird |
| Benjamin Reitzes | Barclays |