Western Digital (LTS:0QZF) LT-Debt-to-Total-Asset : 0.28 (As of Dec. 2024)

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What is Western Digital LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Western Digital's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.28.

Western Digital's long-term debt to total assets ratio declined from Dec. 2023 (0.30) to Dec. 2024 (0.28). It may suggest that Western Digital is progressively becoming less dependent on debt to grow their business.

Western Digital LT-Debt-to-Total-Asset Historical Data

The historical data trend for Western Digital's LT-Debt-to-Total-Asset 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.

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Western Digital LT-Debt-to-Total-Asset Chart

Western Digital Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.36

0.32

0.27

0.24

Western Digital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.31	0.24	0.23	0.28

Western Digital LT-Debt-to-Total-Asset Calculation

Western Digital's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	5684	/	24095
	=	0.24

Western Digital's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	7216	/	25456
	=	0.28

Western Digital (LTS:0QZF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Western Digital LT-Debt-to-Total-Asset Related Terms

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Western Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Western Digital Corp (LTS:0QZF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

WDC:USA WDC:Mexico 1WDC:Italy WDC:Germany WDC:Germany WDC:Germany W1DC34:Brazil WDC:Austria

Address

5601 Great Oaks Parkway, San Jose, CA, USA, 95119

Website

https://www.wdc.com

Western Digital is a leading, vertically integrated supplier of hard disk drives. The HDD market is a practical duopoly with, Western Digital and Seagate being the two largest players. Western Digital designs and manufacturers its HDDs, with much of the manufacturing and workforce located in Asia. The primary consumers of HDDs are data centers.

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