Seagate Technology PLC (STX)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-829,000K
= —

The data indicates that Seagate Technology PLC maintained a debt-to-equity ratio of zero from June 30, 2020 through March 31, 2022. This consistent zero ratio suggests that during this period, the company did not utilize debt financing relative to its equity, implying a reliance on equity funding or internal resources for its operations and growth initiatives. Starting from September 2022 onward, the ratio data is unavailable, represented by obfuscated symbols, indicating a lack of reported figures or possible changes in financial disclosure practices. Overall, the historical record demonstrates a period characterized by an absence of leverage through debt on the company's balance sheet, reflecting a conservative or debt-averse financing strategy during the initial years analyzed.


Peer comparison

Mar 31, 2025

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