Seagate Technology PLC (STX)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,023,000 | 7,739,000 | 7,556,000 | 8,944,000 | 8,675,000 |
| Total stockholders’ equity | US$ in thousands | -453,000 | -1,491,000 | -1,199,000 | 109,000 | 631,000 |
| Financial leverage ratio | — | — | — | 82.06 | 13.75 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,023,000K ÷ $-453,000K
= —
The financial leverage ratio of Seagate Technology PLC demonstrates a significant fluctuation over the reported periods. As of June 30, 2021, the ratio stood at 13.75, indicating a moderate degree of leverage relative to its equity. By June 30, 2022, this ratio experienced a substantial increase to 82.06, suggesting that the company adopted a markedly more leveraged capital structure within that year. This sharp rise implies that Seagate relied heavily on debt financing during this period, potentially amplifying both its return on equity and its financial risk.
Data for subsequent years—June 30, 2023, through June 30, 2025—are not available, with entries marked as missing ("—"). The absence of these data points indicates that further analysis beyond 2022 cannot be conducted at this time. Overall, the notable jump in the leverage ratio from 2021 to 2022 warrants attention, as it signifies a transition toward higher financial risk, possibly driven by strategic financing decisions, acquisitions, or other operational factors. However, without data beyond 2022, the long-term trend and impact on the company’s financial stability remain undetermined.
Peer comparison
Jun 30, 2025