Seagate Net Invested Capital vs Property Plant Equipment Analysis

STX Stock

USD 86.29 0.48 0.56%

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 Net Invested Capital and its Property Plant Equipment 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.

Net Invested Capital vs Property Plant Equipment

Net Invested Capital vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Net Invested Capital account and Property Plant Equipment. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Seagate Technology's Net Invested Capital and Property Plant Equipment is -0.12. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Property Plant Equipment 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 Net Invested Capital and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Seagate Technology PLC are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Invested Capital i.e., Seagate Technology's Net Invested Capital and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.12

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Property Plant Equipment

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

Total Revenue Depreciation And Amortization

Seagate Technology fundamental ratios Correlations

	Total Assets	Total Stockholder Equity	Common Stock Shares Outstanding	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets
Total Assets		0.27	-0.27	0.45	0.1	0.48	0.5	0.69	0.11	-0.11	0.73	0.64	0.65	-0.16	-0.14	0.16	0.64	0.79	0.07	0.47	0.57	-0.13	0.6	0.56	-0.07	0.85
Total Stockholder Equity	0.27		0.69	-0.69	0.33	-0.29	0.33	0.04	-0.88	0.89	-0.15	0.51	-0.45	-0.78	-0.65	-0.67	0.64	0.52	0.6	-0.65	-0.53	0.07	-0.53	-0.64	-0.75	0.52
Common Stock Shares Outstanding	-0.27	0.69		-0.88	0.3	-0.17	0.18	-0.15	-0.86	0.9	-0.29	0.1	-0.81	-0.56	-0.38	-0.43	0.25	0.2	0.63	-0.9	-0.83	0.5	-0.85	-0.8	-0.56	0.2
Short Long Term Debt Total	0.45	-0.69	-0.88		-0.27	0.46	-0.05	0.38	0.88	-0.91	0.52	0.07	0.88	0.5	0.41	0.73	-0.09	0.0	-0.64	0.97	0.88	-0.36	0.93	0.96	0.55	0.06
Other Current Liab	0.1	0.33	0.3	-0.27		-0.2	0.27	-0.07	-0.46	0.31	-0.09	0.45	-0.11	-0.11	-0.27	-0.15	0.51	0.0	0.26	-0.15	-0.46	0.12	-0.15	-0.2	-0.61	0.23
Total Current Liabilities	0.48	-0.29	-0.17	0.46	-0.2		0.48	0.67	0.45	-0.35	0.89	-0.05	0.53	0.24	0.44	0.56	-0.03	0.47	0.06	0.35	0.6	0.4	0.49	0.64	0.37	0.43
Other Liab	0.5	0.33	0.18	-0.05	0.27	0.48		0.41	-0.17	0.21	0.5	0.25	0.23	-0.05	-0.12	-0.08	0.37	0.56	0.44	-0.07	0.08	0.34	0.11	0.11	-0.15	0.57
Property Plant And Equipment Net	0.69	0.04	-0.15	0.38	-0.07	0.67	0.41		0.21	-0.15	0.81	0.3	0.59	-0.02	0.42	0.49	0.32	0.7	0.08	0.36	0.51	0.3	0.54	0.53	0.09	0.7
Net Debt	0.11	-0.88	-0.86	0.88	-0.46	0.45	-0.17	0.21		-0.96	0.42	-0.41	0.74	0.71	0.51	0.63	-0.54	-0.19	-0.55	0.83	0.82	-0.29	0.79	0.84	0.76	-0.29
Retained Earnings	-0.11	0.89	0.9	-0.91	0.31	-0.35	0.21	-0.15	-0.96		-0.36	0.27	-0.74	-0.71	-0.5	-0.68	0.43	0.29	0.61	-0.89	-0.79	0.36	-0.84	-0.86	-0.72	0.29
Accounts Payable	0.73	-0.15	-0.29	0.52	-0.09	0.89	0.5	0.81	0.42	-0.36		0.12	0.68	0.2	0.31	0.45	0.15	0.67	0.13	0.49	0.7	0.23	0.65	0.72	0.33	0.62
Cash	0.64	0.51	0.1	0.07	0.45	-0.05	0.25	0.3	-0.41	0.27	0.12		0.16	-0.53	-0.27	0.07	0.97	0.41	-0.07	0.12	-0.02	-0.08	0.14	0.08	-0.53	0.74
Non Current Assets Total	0.65	-0.45	-0.81	0.88	-0.11	0.53	0.23	0.59	0.74	-0.74	0.68	0.16		0.34	0.36	0.57	0.05	0.23	-0.42	0.87	0.86	-0.27	0.96	0.9	0.35	0.25
Non Currrent Assets Other	-0.16	-0.78	-0.56	0.5	-0.11	0.24	-0.05	-0.02	0.71	-0.71	0.2	-0.53	0.34		0.44	0.35	-0.56	-0.28	-0.21	0.55	0.45	-0.01	0.44	0.53	0.78	-0.36
Other Assets	-0.14	-0.65	-0.38	0.41	-0.27	0.44	-0.12	0.42	0.51	-0.5	0.31	-0.27	0.36	0.44		0.65	-0.32	-0.21	-0.37	0.34	0.4	0.45	0.38	0.44	0.46	-0.14
Long Term Debt	0.16	-0.67	-0.43	0.73	-0.15	0.56	-0.08	0.49	0.63	-0.68	0.45	0.07	0.57	0.35	0.65		-0.08	-0.11	-0.56	0.65	0.52	0.09	0.64	0.73	0.41	0.07
Cash And Short Term Investments	0.64	0.64	0.25	-0.09	0.51	-0.03	0.37	0.32	-0.54	0.43	0.15	0.97	0.05	-0.56	-0.32	-0.08		0.51	0.17	-0.03	-0.12	0.07	0.02	-0.04	-0.58	0.81
Net Receivables	0.79	0.52	0.2	0.0	0.0	0.47	0.56	0.7	-0.19	0.29	0.67	0.41	0.23	-0.28	-0.21	-0.11	0.51		0.45	0.02	0.26	0.21	0.15	0.18	-0.12	0.88
Short Term Investments	0.07	0.6	0.63	-0.64	0.26	0.06	0.44	0.08	-0.55	0.61	0.13	-0.07	-0.42	-0.21	-0.37	-0.56	0.17	0.45		-0.59	-0.4	0.39	-0.44	-0.46	-0.22	0.35
Non Current Liabilities Total	0.47	-0.65	-0.9	0.97	-0.15	0.35	-0.07	0.36	0.83	-0.89	0.49	0.12	0.87	0.55	0.34	0.65	-0.03	0.02	-0.59		0.85	-0.4	0.94	0.94	0.55	0.09
Inventory	0.57	-0.53	-0.83	0.88	-0.46	0.6	0.08	0.51	0.82	-0.79	0.7	-0.02	0.86	0.45	0.4	0.52	-0.12	0.26	-0.4	0.85		-0.29	0.9	0.91	0.62	0.2
Other Current Assets	-0.13	0.07	0.5	-0.36	0.12	0.4	0.34	0.3	-0.29	0.36	0.23	-0.08	-0.27	-0.01	0.45	0.09	0.07	0.21	0.39	-0.4	-0.29		-0.35	-0.19	-0.01	0.26
Other Stockholder Equity	0.6	-0.53	-0.85	0.93	-0.15	0.49	0.11	0.54	0.79	-0.84	0.65	0.14	0.96	0.44	0.38	0.64	0.02	0.15	-0.44	0.94	0.9	-0.35		0.95	0.47	0.21
Total Liab	0.56	-0.64	-0.8	0.96	-0.2	0.64	0.11	0.53	0.84	-0.86	0.72	0.08	0.9	0.53	0.44	0.73	-0.04	0.18	-0.46	0.94	0.91	-0.19	0.95		0.58	0.23
Property Plant And Equipment Gross	-0.07	-0.75	-0.56	0.55	-0.61	0.37	-0.15	0.09	0.76	-0.72	0.33	-0.53	0.35	0.78	0.46	0.41	-0.58	-0.12	-0.22	0.55	0.62	-0.01	0.47	0.58		-0.25
Total Current Assets	0.85	0.52	0.2	0.06	0.23	0.43	0.57	0.7	-0.29	0.29	0.62	0.74	0.25	-0.36	-0.14	0.07	0.81	0.88	0.35	0.09	0.2	0.26	0.21	0.23	-0.25

Click cells to compare fundamentals

Seagate Technology Account Relationship Matchups

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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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:

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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.

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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

(1.30)

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.

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Seagate Net Invested Capital vs Property Plant Equipment Analysis

Net Invested Capital vs Property Plant Equipment

Net Invested Capital vs Property Plant Equipment Correlation Analysis

Correlation Coefficient

Net Invested Capital

Property Plant Equipment

Seagate Technology fundamental ratios Correlations

Seagate Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Seagate Technology fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Cash And Short Term Investments	+ 0.97	Cash
Total Liab	+ 0.96	Short Long Term Debt Total
Other Stockholder Equity	+ 0.96	Non Current Assets Total
Total Liab	+ 0.95	Other Stockholder Equity
Other Stockholder Equity	+ 0.94	Non Current Liabilities Total

Retained Earnings	- 0.96	Net Debt
Retained Earnings	- 0.91	Short Long Term Debt Total
Non Current Liabilities Total	- 0.9	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.89	Retained Earnings
Short Long Term Debt Total	- 0.88	Common Stock Shares Outstanding
Net Debt	- 0.88	Total Stockholder Equity