Seagate Technology PLC (STX)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | -453,000 | -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 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
June 30, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-453,000K
= —
The data indicates that Seagate Technology PLC maintained a debt-to-equity ratio of zero across multiple reporting periods from September 30, 2020, through June 30, 2022. This persistent zero value suggests that the company operated without any significant long-term or short-term debt during this timeframe, relying predominantly on equity financing or other sources of capital that do not involve debt obligations.
Starting from September 30, 2022, the debt-to-equity ratio data are unavailable and are represented by placeholders, implying that current reporting or disclosures do not include or do not emphasize debt-related information for subsequent periods through at least September 30, 2025. The absence of reported debt ratios post-September 2022 may further reinforce the company's minimal or negligible use of debt financing, or could reflect changes in reporting practices.
Overall, the initial periods demonstrate a pattern of zero leverage, indicating a conservatively financed structure with little to no reliance on borrowing. The subsequent unavailability of data precludes a comprehensive view beyond June 2022, but the preceding data support a conclusion that Seagate’s financial leverage, as measured by the debt-to-equity ratio, has historically been either negligible or non-existent during this timeframe.
Peer comparison
Jun 30, 2025