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 | 8,023,000 | 7,739,000 | 7,556,000 | 8,944,000 | 8,675,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,023,000K
= 0.00
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