Seagate Capital Surpluse vs Current Deferred Revenue Analysis
STX Stock | USD 93.24 0.47 0.50% |
Seagate Technology financial indicator trend analysis is much more than just breaking down Seagate Technology PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Seagate Technology PLC is a good investment. Please check the relationship between Seagate Technology Capital Surpluse and its Current Deferred Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seagate Technology PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
Capital Surpluse vs Current Deferred Revenue
Capital Surpluse vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Capital Surpluse account and Current Deferred Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Seagate Technology's Capital Surpluse and Current Deferred Revenue is 0.13. Overlapping area represents the amount of variation of Capital Surpluse that can explain the historical movement of Current Deferred Revenue in the same time period over historical financial statements of Seagate Technology PLC, assuming nothing else is changed. The correlation between historical values of Seagate Technology's Capital Surpluse and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Surpluse of Seagate Technology PLC are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Capital Surpluse i.e., Seagate Technology's Capital Surpluse and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Surpluse
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most indicators from Seagate Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Seagate Technology PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Seagate Technology PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. At this time, Seagate Technology's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 31.2 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 55.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 11.7B | 7.4B | 9.8B | 10.9B | Depreciation And Amortization | 427M | 513M | 931M | 869.9M |
Seagate Technology fundamental ratios Correlations
Click cells to compare fundamentals
Seagate Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Seagate Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 8.9B | 8.7B | 8.9B | 7.6B | 7.1B | 8.3B | |
Total Stockholder Equity | 1.8B | 631M | 109M | (1.2B) | 1.5B | 1.7B | |
Common Stock Shares Outstanding | 265M | 245M | 224M | 207M | 488M | 327.0M | |
Liabilities And Stockholders Equity | 8.9B | 8.7B | 8.9B | 7.6B | 7.1B | 8.3B | |
Short Long Term Debt Total | 4.2B | 5.1B | 5.6B | 5.5B | 2.7B | 3.1B | |
Other Current Liab | 895M | 951M | (219M) | 926M | 850M | 841.4M | |
Total Current Liabilities | 2.7B | 2.9B | 3.6B | 2.6B | 3.2B | 2.8B | |
Other Liab | 238M | 216M | 229M | 218M | 250.7M | 296.3M | |
Property Plant And Equipment Net | 2.1B | 2.2B | 2.2B | 1.7B | 2.2B | 2.1B | |
Net Debt | 2.5B | 3.9B | 5.0B | 4.7B | 1.3B | 1.7B | |
Retained Earnings | (4.9B) | (6.3B) | (7.1B) | (8.7B) | (2.1B) | (2.2B) | |
Accounts Payable | 1.8B | 1.7B | 2.1B | 1.6B | 1.6B | 1.6B | |
Cash | 1.7B | 1.2B | 615M | 786M | 1.4B | 1.5B | |
Non Current Assets Total | 4.8B | 4.9B | 4.9B | 4.7B | 2.8B | 3.9B | |
Non Currrent Assets Other | 70M | 119M | 314M | 271M | 575M | 212.3M | |
Other Assets | 1.2B | 1.1B | 1.4B | 1.4B | 1.6B | 1.7B | |
Long Term Debt | 4.2B | 4.9B | 5.1B | 5.4B | 6.2B | 3.2B | |
Cash And Short Term Investments | 1.7B | 1.2B | 615M | 786M | 1.5B | 1.8B | |
Net Receivables | 1.1B | 1.2B | 1.5B | 621M | 1.0B | 1.3B | |
Non Current Liabilities Total | 4.4B | 5.1B | 5.3B | 6.2B | 2.4B | 3.3B | |
Inventory | 1.1B | 1.2B | 1.6B | 1.1B | 587M | 881.9M | |
Other Current Assets | 184M | 135M | 208M | 358M | 1.1B | 1.2B | |
Other Stockholder Equity | 6.8B | 7.0B | 7.2B | 7.4B | 3.6B | 4.4B | |
Total Liab | 7.1B | 8.0B | 8.8B | 8.8B | 5.6B | 6.0B | |
Total Current Assets | 4.1B | 3.8B | 4.0B | 2.9B | 4.3B | 4.5B | |
Accumulated Other Comprehensive Income | (66M) | (41M) | 36M | 98M | (6M) | (6.3M) | |
Intangible Assets | 58M | 29M | 9M | 42M | 48.3M | 45.9M | |
Property Plant Equipment | 2.2B | 2.2B | 2.2B | 1.7B | 2.0B | 2.1B | |
Current Deferred Revenue | 1.1B | 1.1B | 1.1B | 94M | 108.1M | 102.7M | |
Net Tangible Assets | 492M | (635M) | (1.1B) | (2.4B) | (2.2B) | (2.1B) | |
Retained Earnings Total Equity | (4.7B) | (4.3B) | (4.9B) | (8.7B) | (7.8B) | (7.4B) | |
Long Term Debt Total | 4.3B | 4.3B | 4.2B | 5.4B | 6.2B | 4.4B | |
Capital Surpluse | 6.4B | 6.5B | 6.8B | 7.4B | 8.5B | 6.5B | |
Non Current Liabilities Other | 132M | 154M | 135M | 685M | 616.5M | 647.3M | |
Common Stock | 2.2B | 1.8B | 631M | 109M | 98.1M | 93.2M |
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Is Seagate Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Seagate Technology. If investors know Seagate will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Seagate Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Dividend Share 2.8 | Earnings Share (1.34) | Revenue Per Share 30.053 | Quarterly Revenue Growth (0.11) |
The market value of Seagate Technology PLC is measured differently than its book value, which is the value of Seagate that is recorded on the company's balance sheet. Investors also form their own opinion of Seagate Technology's value that differs from its market value or its book value, called intrinsic value, which is Seagate Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Seagate Technology's market value can be influenced by many factors that don't directly affect Seagate Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Seagate Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Seagate Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seagate Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.