Seagate Current Ratio from 2010 to 2024

STX Stock  USD 98.80  4.36  4.23%   
Seagate Technology Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio is likely to outpace its year average in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.07518554
Current Value
1.12075617
Quarterly Volatility
0.28023043
 
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 Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Seagate Technology PLC over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Seagate Technology's Current Ratio 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.
ViewLast Reported 1.19 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Seagate Current Ratio Regression Statistics

Arithmetic Mean1.33
Geometric Mean1.30
Coefficient Of Variation21.12
Mean Deviation0.25
Median1.13
Standard Deviation0.28
Sample Variance0.08
Range0.8922
R-Value(0.87)
Mean Square Error0.02
R-Squared0.76
Significance0.000022
Slope(0.05)
Total Sum of Squares1.10

Seagate Current Ratio History

2024 1.12
2022 1.08
2016 1.13
2011 1.57
2010 1.97

About Seagate Technology Financial Statements

Seagate Technology investors use historical fundamental indicators, such as Seagate Technology's Current Ratio, 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
Current Ratio 1.08  1.12 

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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.