Seagate Short Long Term Debt Total vs Cash And Short Term Investments Analysis
STX Stock | USD 96.79 1.45 1.48% |
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 Long Term Debt Total and its Cash And Short Term Investments 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.
Short Long Term Debt Total vs Cash And Short Term Investments
Short Long Term Debt Total vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Short Long Term Debt Total account and Cash And Short Term Investments. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Seagate Technology's Short Long Term Debt Total and Cash And Short Term Investments is -0.09. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Cash And Short Term Investments 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 Long Term Debt Total and Cash And Short Term Investments 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 Long Term Debt Total of Seagate Technology PLC are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Short Long Term Debt Total i.e., Seagate Technology's Short Long Term Debt Total and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | -0.09 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Short Long Term Debt Total
Cash And Short Term Investments
Short Term Investments is an account in the current assets section of Seagate Technology PLC balance sheet. This account contains Seagate Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Seagate Technology PLC fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.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 |
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.C | Citigroup | |
CRM | Salesforce | |
MSFT | Microsoft |
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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary 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.
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
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.