Western Digital Corporation (WDC)

Debt-to-capital 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	5,540,000	5,406,000	12,346,000	11,872,000	10,818,000	10,121,000	10,944,000	10,113,000	10,847,000	11,611,000	12,115,000	12,107,000	12,221,000	11,984,000	12,018,000	11,361,000	10,721,000	9,949,000	9,829,000	9,576,000
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $5,540,000K)
= 0.00

The debt-to-capital ratio of Western Digital Corporation has consistently been reported as zero across all observed periods from September 30, 2020, through June 30, 2025. This indicates that, according to the available data, the company has maintained no debt relative to its total capital during these intervals. The persistent absence of reported debt suggests that Western Digital has employed an entirely equity-financed capital structure throughout this timeframe, with no reliance on borrowed funds to finance its operations or growth initiatives. Consequently, the company's capital structure appears to be devoid of debt, implying a potentially lower financial leverage risk profile during the observed periods.