Seagate Interest Expense from 2010 to 2024

STX Stock  USD 99.62  0.30  0.30%   
Seagate Technology Interest Expense yearly trend continues to be fairly stable with very little volatility. Interest Expense will likely drop to about 134 M in 2024. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-09-30
Previous Quarter
82 M
Current Value
85 M
Quarterly Volatility
25.7 M
 
Dot-com Bubble
 
Housing Crash
 
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 Expense Growth Pattern

Below is the plot of the Interest Expense of Seagate Technology PLC over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Seagate Technology's Interest Expense 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 Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Seagate Interest Expense Regression Statistics

Arithmetic Mean212,466,667
Geometric Mean174,776,958
Coefficient Of Variation34.91
Mean Deviation45,173,333
Median220,000,000
Standard Deviation74,167,635
Sample Variance5500.8T
Range326M
R-Value0.48
Mean Square Error4582.2T
R-Squared0.23
Significance0.07
Slope7,892,857
Total Sum of Squares77011.7T

Seagate Interest Expense History

2024134 M
2023332 M
2022313 M
2021249 M
2020220 M
2019201 M
2018224 M

About Seagate Technology Financial Statements

Seagate Technology investors use historical fundamental indicators, such as Seagate Technology's Interest Expense, 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 Expense332 M134 M

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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.