Seagate Technology PLC (STX)

Debt-to-assets ratio

Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 8,023,000 7,564,000 7,959,000 7,972,000 7,739,000 7,096,000 7,149,000 7,196,000 7,556,000 7,967,000 7,867,000 8,611,000 8,944,000 9,145,000 9,375,000 8,613,000 8,675,000 8,604,000 8,986,000 8,862,000
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 data indicates that Seagate Technology PLC maintained a debt-to-assets ratio of zero across all reported periods from September 30, 2020, through June 30, 2025. This consistent figure suggests that the company did not record any short-term or long-term debt relative to its total assets during this time span. Consequently, it can be inferred that Seagate's capital structure relied entirely on equity financing, with no reliance on external debt sources. This entirely debt-free position reflects a conservative financial approach, emphasizing internal funding and retained earnings over borrowing. It also implies that the company's liabilities are minimal or nonexistent in relation to its assets during these periods, portraying a potentially robust liquidity profile and low financial risk.


Peer comparison

Jun 30, 2025

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