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Seagate Technology LT-Debt-to-Total-Asset

: 0.57 (As of Dec. 2020)
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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. Seagate Technology's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.57.

Seagate Technology's long-term debt to total assets ratio increased from Dec. 2019 (0.46) to Dec. 2020 (0.57). It may suggest that Seagate Technology is progressively becoming more dependent on debt to grow their business.


Seagate Technology LT-Debt-to-Total-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Seagate Technology Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
LT-Debt-to-Total-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.54 0.46 0.48 0.47

Seagate Technology Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
LT-Debt-to-Total-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.46 0.47 0.47 0.47 0.57

Seagate Technology LT-Debt-to-Total-Asset Calculation

Seagate Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

LT Debt to Total Assets (A: Jun. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2020 )/Total Assets (A: Jun. 2020 )
=4205/8930
=0.47

Seagate Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )/Total Assets (Q: Dec. 2020 )
=5120/8986
=0.57

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Seagate Technology  (NAS:STX) 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.


Seagate Technology LT-Debt-to-Total-Asset Related Terms


Seagate Technology LT-Debt-to-Total-Asset Headlines

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