Seagate Interest Coverage from 2010 to 2024

STX Stock  USD 99.62  0.30  0.30%   
Seagate Technology Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage will likely drop to -1.09 in 2024. During the period from 2010 to 2024, Seagate Technology Interest Coverage regression line of annual values had significance of  0.92 and arithmetic mean of  4.27. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
1.36144578
Current Value
(1.09)
Quarterly Volatility
3.18682813
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Seagate Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Seagate Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 931 M, Total Revenue of 9.8 B or Gross Profit of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.73, Dividend Yield of 0.0454 or Days Sales Outstanding of 30.7. Seagate financial statements analysis is a perfect complement when working with Seagate Technology Valuation or Volatility modules.
  
Check out the analysis of Seagate Technology Correlation against competitors.

Latest Seagate Technology's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Seagate Technology PLC over the last few years. It is Seagate Technology's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Seagate Technology's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Very volatile
   Interest Coverage   
       Timeline  

Seagate Interest Coverage Regression Statistics

Arithmetic Mean4.27
Coefficient Of Variation74.65
Mean Deviation2.87
Median2.31
Standard Deviation3.19
Sample Variance10.16
Range8.9441
R-Value0.03
Mean Square Error10.93
R-Squared0.0008
Significance0.92
Slope0.02
Total Sum of Squares142.18

Seagate Interest Coverage History

2024 -1.09
2022 1.36
2016 7.85
2011 2.31
2010 3.77

About Seagate Technology Financial Statements

Seagate Technology investors use historical fundamental indicators, such as Seagate Technology's Interest Coverage, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Seagate Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 1.36 (1.09)

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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.