Seagate Short Term Debt vs Total Stockholder Equity Analysis

STX Stock  USD 101.33  1.33  1.33%   
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 Short Term Debt and its Total Stockholder Equity 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Short Term Debt vs Total Stockholder Equity

Short Term Debt vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Short Term Debt account and Total Stockholder Equity. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Seagate Technology's Short Term Debt and Total Stockholder Equity is 0.16. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Total Stockholder Equity 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 Short Term Debt and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of Seagate Technology PLC are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Short Term Debt i.e., Seagate Technology's Short Term Debt and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.16
Relationship DirectionPositive 
Relationship StrengthInsignificant

Short Term Debt

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 closely tied 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 115.5 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 Revenue11.7B7.4B6.6B9.8B
Depreciation And Amortization451M513M264M931M

Seagate Technology fundamental ratios Correlations

0.34-0.180.320.560.430.440.680.00.020.690.650.61-0.2-0.190.340.660.80.060.340.49-0.070.50.43-0.170.86
0.340.73-0.760.1-0.350.270.02-0.90.93-0.190.48-0.42-0.58-0.74-0.720.610.620.48-0.72-0.570.18-0.59-0.71-0.820.55
-0.180.73-0.910.05-0.230.26-0.14-0.880.91-0.310.13-0.79-0.39-0.47-0.860.280.30.58-0.92-0.840.66-0.88-0.83-0.620.26
0.32-0.76-0.910.130.51-0.070.380.9-0.920.530.020.840.380.590.98-0.13-0.15-0.570.980.89-0.370.930.970.64-0.03
0.560.10.050.130.640.440.310.03-0.010.680.20.260.1-0.120.130.290.50.370.120.280.340.220.32-0.030.55
0.43-0.35-0.230.510.640.50.660.49-0.410.89-0.070.540.250.50.49-0.060.340.070.40.620.410.530.670.410.37
0.440.270.26-0.070.440.50.43-0.170.20.490.250.18-0.05-0.12-0.080.350.490.44-0.10.020.440.080.08-0.150.55
0.680.02-0.140.380.310.660.430.21-0.150.810.30.60.00.40.440.320.640.070.350.510.320.540.510.090.68
0.0-0.9-0.880.90.030.49-0.170.21-0.960.43-0.420.70.570.660.85-0.55-0.32-0.490.860.83-0.330.80.860.81-0.35
0.020.930.91-0.92-0.01-0.410.2-0.15-0.96-0.370.3-0.69-0.54-0.69-0.880.440.430.51-0.9-0.790.36-0.83-0.87-0.790.36
0.69-0.19-0.310.530.680.890.490.810.43-0.370.110.690.170.350.530.130.570.130.50.70.260.660.710.340.57
0.650.480.130.020.2-0.070.250.3-0.420.30.110.15-0.52-0.290.090.970.42-0.070.07-0.05-0.020.10.03-0.510.74
0.61-0.42-0.790.840.260.540.180.60.7-0.690.690.150.270.40.850.040.18-0.410.840.85-0.330.950.870.340.23
-0.2-0.58-0.390.380.10.25-0.050.00.57-0.540.17-0.520.270.430.42-0.56-0.22-0.210.40.340.10.340.410.59-0.32
-0.19-0.74-0.470.59-0.120.5-0.120.40.66-0.690.35-0.290.40.430.64-0.39-0.36-0.370.520.50.190.540.590.6-0.24
0.34-0.72-0.860.980.130.49-0.080.440.85-0.880.530.090.850.420.64-0.06-0.12-0.610.970.84-0.270.930.950.570.03
0.660.610.28-0.130.29-0.060.350.32-0.550.440.130.970.04-0.56-0.39-0.060.520.16-0.07-0.150.1-0.01-0.08-0.570.81
0.80.620.3-0.150.50.340.490.64-0.320.430.570.420.18-0.22-0.36-0.120.520.39-0.130.130.280.030.01-0.30.88
0.060.480.58-0.570.370.070.440.07-0.490.510.13-0.07-0.41-0.21-0.37-0.610.160.39-0.53-0.370.47-0.41-0.41-0.170.33
0.34-0.72-0.920.980.120.4-0.10.350.86-0.90.50.070.840.40.520.97-0.07-0.13-0.530.85-0.410.940.950.630.0
0.49-0.57-0.840.890.280.620.020.510.83-0.790.7-0.050.850.340.50.84-0.150.13-0.370.85-0.360.910.910.650.13
-0.070.180.66-0.370.340.410.440.32-0.330.360.26-0.02-0.330.10.19-0.270.10.280.47-0.41-0.36-0.34-0.2-0.110.34
0.5-0.59-0.880.930.220.530.080.540.8-0.830.660.10.950.340.540.93-0.010.03-0.410.940.91-0.340.950.540.14
0.43-0.71-0.830.970.320.670.080.510.86-0.870.710.030.870.410.590.95-0.080.01-0.410.950.91-0.20.950.650.12
-0.17-0.82-0.620.64-0.030.41-0.150.090.81-0.790.34-0.510.340.590.60.57-0.57-0.3-0.170.630.65-0.110.540.65-0.33
0.860.550.26-0.030.550.370.550.68-0.350.360.570.740.23-0.32-0.240.030.810.880.330.00.130.340.140.12-0.33
Click cells to compare fundamentals

Seagate Technology Account Relationship Matchups

Seagate Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.9B8.7B8.9B7.6B7.7B7.1B
Total Stockholder Equity1.8B631M109M(1.2B)(1.5B)1.5B
Common Stock Shares Outstanding265M245M224M207M212M488M
Liabilities And Stockholders Equity8.9B8.7B8.9B7.6B7.7B7.1B
Short Long Term Debt Total4.2B5.1B5.6B5.5B6.1B2.7B
Other Current Liab895M936M899M875M834M850M
Total Current Liabilities2.7B2.9B3.6B2.6B3.1B3.2B
Other Liab238M216M229M218M250.7M296.3M
Property Plant And Equipment Net2.1B2.2B2.2B1.7B2.0B2.2B
Net Debt2.5B3.9B5.0B4.7B4.7B1.3B
Retained Earnings(4.9B)(6.3B)(7.1B)(8.7B)(9.0B)(2.1B)
Accounts Payable1.8B1.7B2.1B1.6B1.8B1.6B
Cash1.7B1.2B615M786M1.4B1.4B
Non Current Assets Total4.8B4.9B4.9B4.7B4.4B2.8B
Non Currrent Assets Other70M119M314M271M575M209.3M
Other Assets1.2B1.1B1.4B1.4B1.6B1.7B
Long Term Debt4.2B4.9B5.1B5.4B5.2B3.3B
Cash And Short Term Investments1.7B1.2B615M786M1.4B1.5B
Net Receivables989M1.1B1.2B1.5B621M1.0B
Non Current Liabilities Total4.4B5.1B5.3B6.2B6.1B2.4B
Inventory1.1B1.2B1.6B1.1B1.2B587M
Other Current Assets135M208M254M358M196M1.1B
Other Stockholder Equity6.8B7.0B7.2B7.4B7.5B3.6B
Total Liab7.1B8.0B8.8B8.8B9.2B5.6B
Total Current Assets4.1B3.8B4.0B2.9B3.3B4.3B
Accumulated Other Comprehensive Income(34M)(66M)(41M)36M98M(6M)
Intangible Assets58M29M9M42M48.3M45.9M
Property Plant Equipment2.2B2.2B2.2B1.7B2.0B2.1B
Current Deferred Revenue417M1.1B1.1B1.1B147M94M
Net Tangible Assets492M(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 Total4.3B4.3B4.2B5.4B6.2B4.4B
Capital Surpluse6.4B6.5B6.8B7.4B8.5B6.5B
Non Current Liabilities Other132M154M135M685M861M904.1M
Common Stock1.8B631M109M7.5B8.6B9.0B

Also Currently Popular

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.

Additional Tools for Seagate Stock Analysis

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.