Seagate Technology Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Seagate Technology Holdings has a total shareholder equity of $-1.3B and total debt of $5.7B, which brings its debt-to-equity ratio to -436.6%. Its total assets and total liabilities are $8.0B and $9.3B respectively. Seagate Technology Holdings's EBIT is $959.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $1.2B.
Key information
-436.6%
Debt to equity ratio
US$5.68b
Debt
| Interest coverage ratio | 3.1x |
| Cash | US$1.24b |
| Equity | -US$1.30b |
| Total liabilities | US$9.27b |
| Total assets | US$7.97b |
Recent financial health updates
No updates
Recent updates
Returns At Seagate Technology Holdings (NASDAQ:STX) Appear To Be Weighed Down
Nov 14
Seagate: The Paradox Data Explosion And Memory Desk Innovation
Oct 22Is Now The Time To Look At Buying Seagate Technology Holdings plc (NASDAQ:STX)?
Oct 11Seagate Technology: Cash Flow-Rich Hard Disk Maker With A 3% Dividend Yield
Sep 17Why We're Not Concerned About Seagate Technology Holdings plc's (NASDAQ:STX) Share Price
Sep 11Seagate Technology Remains A Good Earner, Solid Dividend Play
Aug 31Seagate Technology: Upgrade To Buy On Better Valuation And Attractive Demand Outlook
Jul 30Seagate Technology Holdings (NASDAQ:STX) May Have Issues Allocating Its Capital
Jul 11Seagate Technology: Recent Performance Clouds Long-Term Optimism
Jul 09Seagate Technology Stock: AI Data Demand Can Push Shares To An All-Time High
Jun 24Seagate Technology Holdings (NASDAQ:STX) Is Due To Pay A Dividend Of $0.70
Jun 15Seagate Technology Holdings plc's (NASDAQ:STX) Intrinsic Value Is Potentially 25% Above Its Share Price
Jun 11Is It Too Late To Consider Buying Seagate Technology Holdings plc (NASDAQ:STX)?
May 21Seagate Technology Holdings (NASDAQ:STX) Has Affirmed Its Dividend Of $0.70
Apr 27Seagate Technology Holdings plc Just Beat EPS By 79%: Here's What Analysts Think Will Happen Next
Apr 26Seagate's Winning Strategy: HAMR Technology, Growing Margins, And Upcoming Demand Cycle
Apr 22Why We're Not Concerned About Seagate Technology Holdings plc's (NASDAQ:STX) Share Price
Apr 20Seagate Technology Holdings (NASDAQ:STX) Will Be Hoping To Turn Its Returns On Capital Around
Mar 29Seagate Technology Holdings plc's (NASDAQ:STX) Intrinsic Value Is Potentially 25% Below Its Share Price
Mar 08Seagate's Breakout HDD A Game Changer Against Western Digital
Feb 20Seagate Technology: Valuation Already Fully Priced In The Upcoming Recovery
Jan 27Earnings Update: Here's Why Analysts Just Lifted Their Seagate Technology Holdings plc (NASDAQ:STX) Price Target To US$86.37
Jan 26Financial Position Analysis
Short Term Liabilities: STX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: STX 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 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: STX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: STX's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: STX's interest payments on its debt are well covered by EBIT (3.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 07:02 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/27 |
| Annual Earnings | 2024/06/28 |
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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Seagate Technology Holdings plc is covered by 63 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 |
| Phillip Alling | Atlantic Equities LLP |
| Kevin Hunt | Auriga USA LLC |