Seagate Roe vs Capex To Revenue Analysis

STX Stock  USD 100.00  1.66  1.63%   
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 Roe and its Capex To Revenue 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.

Roe vs Capex To Revenue

Roe vs Capex To Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Roe account and Capex To Revenue. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Seagate Technology's Roe and Capex To Revenue is -0.64. Overlapping area represents the amount of variation of Roe that can explain the historical movement of Capex To Revenue 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 Roe and Capex To Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Roe of Seagate Technology PLC are associated (or correlated) with its Capex To Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Revenue has no effect on the direction of Roe i.e., Seagate Technology's Roe and Capex To Revenue go up and down completely randomly.

Correlation Coefficient

-0.64
Relationship DirectionNegative 
Relationship StrengthWeak

Roe

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.
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
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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

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