Seagate Technology PLC (STX)
Debt-to-capital ratio
| 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 | Jun 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -829,000 | -1,079,000 | -1,300,000 | -1,491,000 | -1,889,000 | -1,814,000 | -1,702,000 | -1,199,000 | -1,004,000 | -470,000 | -351,000 | 109,000 | 421,000 | 526,000 | 601,000 | 631,000 | 484,000 | 990,000 | 1,821,000 | 1,787,000 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-829,000K)
= —
The analysis of Seagate Technology PLC’s debt-to-capital ratio over the reported periods indicates that the company maintained a debt-to-capital ratio of zero from June 30, 2020, through March 31, 2022. This consistent zero ratio suggests that during this timeframe, the company operated without long-term debt or leverage, relying entirely on equity to finance its assets.
Following March 31, 2022, the data reflect missing or unavailable values for subsequent periods through March 2025. The presence of dashes denotes the absence of reported or applicable data points, which could imply that the company did not record any debt-related changes, or that the debt-to-capital ratio was not computed or disclosed during those periods.
Overall, the historical data up to early 2022 suggest that Seagate Technology PLC adopted a debt-free capital structure during this period, emphasizing reliance on internal funding, retained earnings, or equity issuance rather than debt financing. The lack of available data thereafter precludes any assessment of changes in leverage or financial risk beyond March 2022.
Peer comparison
Mar 31, 2025