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Seagate Technology Holdings (BSP:S1TX34) Debt-to-Equity : -4.37 (As of Sep. 2024)


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What is Seagate Technology Holdings Debt-to-Equity?

Seagate Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$2,653 Mil. Seagate Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was R$28,780 Mil. Seagate Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was R$-7,199 Mil. Seagate Technology Holdings's debt to equity for the quarter that ended in Sep. 2024 was -4.37.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Seagate Technology Holdings's Debt-to-Equity or its related term are showing as below:

BSP:S1TX34' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.8   Med: 2.36   Max: 52.26
Current: -4.37

During the past 13 years, the highest Debt-to-Equity Ratio of Seagate Technology Holdings was 52.26. The lowest was -17.80. And the median was 2.36.

BSP:S1TX34's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.29 vs BSP:S1TX34: -4.37

Seagate Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Seagate Technology Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seagate Technology Holdings Debt-to-Equity Chart

Seagate Technology Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.37 8.23 52.26 -4.55 -3.81

Seagate Technology Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.33 -3.13 -3.00 -3.81 -4.37

Competitive Comparison of Seagate Technology Holdings's Debt-to-Equity

For the Computer Hardware subindustry, Seagate Technology Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seagate Technology Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seagate Technology Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Debt-to-Equity falls into.



Seagate Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seagate Technology Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Seagate Technology Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Seagate Technology Holdings  (BSP:S1TX34) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Seagate Technology Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Seagate Technology Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Seagate Technology Holdings Business Description

Address
121 Woodlands Avenue 5, Singapore, SGP, 739009
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Seagate Technology Holdings Headlines

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