Western Digital Balance Sheet Health
Financial Health criteria checks 4/6
Western Digital has a total shareholder equity of $11.9B and total debt of $7.4B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are $24.8B and $12.9B respectively. Western Digital's EBIT is $1.6B making its interest coverage ratio 4.2. It has cash and short-term investments of $1.7B.
Key information
62.3%
Debt to equity ratio
US$7.40b
Debt
| Interest coverage ratio | 4.2x |
| Cash | US$1.71b |
| Equity | US$11.87b |
| Total liabilities | US$12.90b |
| Total assets | US$24.77b |
Recent financial health updates
Is Western Digital (NASDAQ:WDC) A Risky Investment?
Dec 05
Here's Why Western Digital (NASDAQ:WDC) Can Afford Some Debt
May 08Recent updates
With An Upcoming Spinoff, Western Digital Could Be Just Getting Started
Dec 08Is Western Digital (NASDAQ:WDC) A Risky Investment?
Dec 05Western Digital's (NASDAQ:WDC) Strong Earnings Are Of Good Quality
Nov 07Western Digital: Post-Split Plan
Oct 19An Intrinsic Calculation For Western Digital Corporation (NASDAQ:WDC) Suggests It's 25% Undervalued
Oct 08Western Digital: Frozen For The Winter - Downgrade To Hold
Oct 03Is Now An Opportune Moment To Examine Western Digital Corporation (NASDAQ:WDC)?
Sep 17Western Digital: Positive Move To Spin-Off Flash Memory
Aug 26Western Digital: A Great Dip To Buy (Rating Upgrade)
Aug 05Not Many Are Piling Into Western Digital Corporation (NASDAQ:WDC) Stock Yet As It Plummets 26%
Aug 03Western Digital: A Buy-The-Dip Opportunity Ahead Of Q4 Earnings
Jul 25Western Digital: Value To Be Unlocked With Flash Spinoff
Jul 03Calculating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Jul 01Western Digital Stock: Not Attractive
Jun 20Western Digital Outperformed Seagate For The First Time In 6 Quarters, But It Isn't Sustainable
May 28Here's Why Western Digital (NASDAQ:WDC) Can Afford Some Debt
May 08Western Digital: The Upside Is Just Beginning - Initiating With A Buy
Apr 16Western Digital: Even Without The Spin-Off, The Company Remains Undervalued
Mar 24Western Digital: Technical Trends Point To Further Consolidations
Feb 15US$62.98 - That's What Analysts Think Western Digital Corporation (NASDAQ:WDC) Is Worth After These Results
Jan 27Estimating The Fair Value Of Western Digital Corporation (NASDAQ:WDC)
Jan 08Investors Aren't Entirely Convinced By Western Digital Corporation's (NASDAQ:WDC) Revenues
Dec 24Financial Position Analysis
Short Term Liabilities: WDC's short term assets ($8.9B) exceed its short term liabilities ($6.1B).
Long Term Liabilities: WDC's short term assets ($8.9B) exceed its long term liabilities ($6.8B).
Debt to Equity History and Analysis
Debt Level: WDC's net debt to equity ratio (48%) is considered high.
Reducing Debt: WDC's debt to equity ratio has reduced from 109.2% to 62.3% over the past 5 years.
Debt Coverage: WDC's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: WDC's interest payments on its debt are well covered by EBIT (4.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 12:39 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Western Digital Corporation is covered by 70 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 |
|---|---|
| Nam Hyung Kim | Arete Research Services LLP |
| James Kelleher | Argus Research Company |
| Phillip Alling | Atlantic Equities LLP |