Seagate Technology PLC (STX)

Debt-to-assets ratio

Jun 30, 2025 Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021
Long-term debt US$ in thousands
Total assets US$ in thousands 7,739,000 7,556,000 8,944,000 8,675,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00

June 30, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —

The debt-to-assets ratio for Seagate Technology PLC has consistently been reported as 0.00 across the specified periods: June 30, 2021; June 30, 2022; June 30, 2023; and June 30, 2024. This indicates that, at each of these points in time, the company has not reported any debt relative to its total assets. The persistent absence of debt suggests a strong solvency profile with no reliance on borrowed funds, which may reflect strategic financial management emphasizing equity financing or internally generated funds. The lack of reported debt also means that the company's assets are wholly financed through equity or other non-debt sources during these periods. The absence of data beyond June 2024, marked by a dash, implies that either the data is unavailable or the ratio remained at zero without change. Overall, the data portrays Seagate Technology PLC as a company with a conservative capital structure, maintaining no leverage through debt over the observed timeframe.


Peer comparison

Jun 30, 2025

Company name
Symbol
Debt-to-assets ratio
Seagate Technology PLC
STX
NetApp Inc
NTAP
0.00
Pure Storage Inc
PSTG
0.00
Western Digital Corporation
WDC
0.00