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 26Seagate Technology Holdings' (NASDAQ:STX) Dividend Will Be $0.70
Dec 13Seagate Technology Holdings' (NASDAQ:STX) Dividend Will Be $0.70
Nov 23Seagate Technology Holdings' (NASDAQ:STX) Dividend Will Be $0.70
Oct 31Is There Now An Opportunity In Seagate Technology Holdings plc (NASDAQ:STX)?
Sep 08Seagate Technology Holdings (NASDAQ:STX) Will Pay A Dividend Of $0.70
Aug 18Calculating The Intrinsic Value Of Seagate Technology Holdings plc (NASDAQ:STX)
Jul 24Returns On Capital Signal Difficult Times Ahead For Seagate Technology Holdings (NASDAQ:STX)
Jul 03Financial 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).