Seagate Common Stock vs Short Long Term Debt 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 Common Stock and its Short Long Term Debt 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.
Common Stock vs Short Long Term Debt
Common Stock vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Common Stock account and Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Seagate Technology's Common Stock and Short Long Term Debt is -0.09. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Short Long Term Debt 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 Common Stock and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Seagate Technology PLC are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Common Stock i.e., Seagate Technology's Common Stock and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Common Stock
Short Long Term Debt
The total of a company’s short-term and long-term borrowings.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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Seagate Technology PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seagate Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Seagate Technology Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seagate Technology Plc Stock: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. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Seagate Technology's price analysis, check to measure Seagate Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Seagate Technology is operating at the current time. Most of Seagate Technology's value examination focuses on studying past and present price action to predict the probability of Seagate Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Seagate Technology's price. Additionally, you may evaluate how the addition of Seagate Technology to your portfolios can decrease your overall portfolio volatility.
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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.