Seagate Capex To Depreciation vs Price To Sales Ratio Analysis

STX Stock  USD 252.79  1.95  0.77%   
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 Capex To Depreciation and its Price To Sales Ratio 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 housing.

Capex To Depreciation vs Price To Sales Ratio

Capex To Depreciation vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Seagate Technology PLC Capex To Depreciation account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Seagate Technology's Capex To Depreciation and Price To Sales Ratio is 0.45. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Price To Sales Ratio 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 Capex To Depreciation and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Seagate Technology PLC are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Capex To Depreciation i.e., Seagate Technology's Capex To Depreciation and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.45
Relationship DirectionPositive 
Relationship StrengthWeak

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Seagate Technology PLC stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Seagate Technology sales, a figure that is much harder to manipulate than other Seagate Technology PLC multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
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 housing.
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 46.2 M in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 55.2 M in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue7.4B6.6B9.1B11.0B
Depreciation And Amortization513M264M251M238.5M

Seagate Technology fundamental ratios Correlations

0.36-0.130.310.290.680.430.460.71-0.030.070.680.650.6-0.29-0.210.290.660.750.070.290.4-0.20.38-0.210.86
0.360.75-0.7-0.76-0.27-0.320.320.2-0.90.94-0.170.52-0.41-0.83-0.74-0.740.640.590.45-0.75-0.620.13-0.72-0.840.57
-0.130.75-0.96-0.91-0.43-0.210.29-0.03-0.890.92-0.290.19-0.77-0.66-0.5-0.860.340.350.54-0.93-0.850.61-0.84-0.660.29
0.31-0.7-0.960.930.630.38-0.10.20.86-0.90.5-0.10.860.650.550.9-0.22-0.16-0.420.960.92-0.510.920.65-0.08
0.29-0.76-0.910.930.670.48-0.120.250.9-0.910.51-0.050.850.60.580.98-0.19-0.2-0.570.970.87-0.340.960.64-0.06
0.68-0.27-0.430.630.670.740.440.720.45-0.460.850.310.80.230.480.740.270.38-0.120.660.670.130.790.260.56
0.43-0.32-0.210.380.480.740.470.590.45-0.370.89-0.060.540.170.450.49-0.050.370.060.380.570.320.640.360.37
0.460.320.29-0.1-0.120.440.470.4-0.220.240.470.250.16-0.13-0.15-0.110.350.570.43-0.14-0.010.320.04-0.190.57
0.710.2-0.030.20.250.720.590.40.080.030.740.320.55-0.290.260.320.340.640.020.190.350.270.35-0.120.69
-0.03-0.9-0.890.860.90.450.45-0.220.08-0.960.41-0.480.70.710.670.85-0.59-0.32-0.480.860.83-0.310.860.81-0.38
0.070.940.92-0.9-0.91-0.46-0.370.240.03-0.96-0.340.37-0.66-0.82-0.7-0.880.490.430.47-0.91-0.820.33-0.88-0.820.38
0.68-0.17-0.290.50.510.850.890.470.740.41-0.340.110.680.140.320.520.130.590.130.480.640.080.690.30.57
0.650.520.19-0.1-0.050.31-0.060.250.32-0.480.370.110.12-0.43-0.360.030.970.33-0.07-0.01-0.150.04-0.03-0.560.74
0.6-0.41-0.770.860.850.80.540.160.550.7-0.660.680.120.320.40.840.020.12-0.40.820.81-0.350.860.330.21
-0.29-0.83-0.660.650.60.230.17-0.13-0.290.71-0.820.14-0.430.320.550.56-0.49-0.42-0.130.670.5-0.250.610.82-0.44
-0.21-0.74-0.50.550.580.480.45-0.150.260.67-0.70.32-0.360.40.550.66-0.45-0.35-0.360.550.560.290.60.63-0.25
0.29-0.74-0.860.90.980.740.49-0.110.320.85-0.880.520.030.840.560.66-0.12-0.19-0.590.960.84-0.210.960.60.0
0.660.640.34-0.22-0.190.27-0.050.350.34-0.590.490.130.970.02-0.49-0.45-0.120.460.15-0.15-0.240.1-0.14-0.610.81
0.750.590.35-0.16-0.20.380.370.570.64-0.320.430.590.330.12-0.42-0.35-0.190.460.54-0.180.050.1-0.03-0.250.84
0.070.450.54-0.42-0.57-0.120.060.430.02-0.480.470.13-0.07-0.4-0.13-0.36-0.590.150.54-0.49-0.330.2-0.39-0.140.32
0.29-0.75-0.930.960.970.660.38-0.140.190.86-0.910.48-0.010.820.670.550.96-0.15-0.18-0.490.86-0.410.950.66-0.04
0.4-0.62-0.850.920.870.670.57-0.010.350.83-0.820.64-0.150.810.50.560.84-0.240.05-0.330.86-0.390.90.70.06
-0.20.130.61-0.51-0.340.130.320.320.27-0.310.330.080.04-0.35-0.250.29-0.210.10.10.2-0.41-0.39-0.24-0.170.21
0.38-0.72-0.840.920.960.790.640.040.350.86-0.880.69-0.030.860.610.60.96-0.14-0.03-0.390.950.9-0.240.670.09
-0.21-0.84-0.660.650.640.260.36-0.19-0.120.81-0.820.3-0.560.330.820.630.6-0.61-0.25-0.140.660.7-0.170.67-0.35
0.860.570.29-0.08-0.060.560.370.570.69-0.380.380.570.740.21-0.44-0.250.00.810.840.32-0.040.060.210.09-0.35
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Seagate Technology Account Relationship Matchups

Seagate Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets8.7B8.9B7.6B7.7B8.0B7.1B
Total Stockholder Equity631M109M(1.2B)(1.5B)(453M)1.5B
Common Stock Shares Outstanding245M224M207M212M217M488M
Liabilities And Stockholders Equity8.7B8.9B7.6B7.7B8.0B7.1B
Other Stockholder Equity7.0B7.2B7.4B7.5B7.7B3.6B
Short Long Term Debt Total5.2B5.7B5.8B5.7B5.0B2.7B
Other Current Liab936M899M875M834M1.0B850M
Total Current Liabilities2.9B3.6B2.6B3.1B2.6B3.2B
Other Liab238M216M229M218M250.7M296.3M
Net Debt4.0B5.1B5.0B4.3B4.1B1.3B
Retained Earnings(6.3B)(7.1B)(8.7B)(9.0B)(8.2B)(2.1B)
Accounts Payable1.7B2.1B1.6B1.8B1.6B1.6B
Cash1.2B615M786M1.4B891M1.4B
Non Current Assets Total4.9B4.9B4.7B4.4B4.4B2.8B
Non Currrent Assets Other235M177M575M522M426M119M
Other Assets1.2B1.1B1.4B1.4B1.6B1.7B
Long Term Debt4.9B5.1B5.4B5.2B5.0B3.3B
Cash And Short Term Investments1.2B617M786M1.4B891M1.5B
Net Receivables1.1B1.2B1.6B788M1.1B1.0B
Non Current Liabilities Total5.1B5.3B6.2B6.1B5.8B2.4B
Inventory1.2B1.6B1.1B1.2B1.4B587M
Other Current Assets206M236M191M196M242M1.1B
Total Liab8.0B8.8B8.8B9.2B8.5B5.6B
Total Current Assets3.8B4.0B2.9B3.3B3.7B4.3B
Accumulated Other Comprehensive Income(66M)(41M)36M98M(8M)(6M)
Intangible Assets58M29M9M42M37.8M35.9M
Property Plant Equipment2.2B2.2B2.2B1.7B2.0B2.1B
Current Deferred Revenue1.1B1.1B1.1B147M94M89.3M
Short Term Debt260M598M114M479M771M1.0B
Net Tangible Assets492M(635M)(1.1B)(2.4B)(2.2B)(2.1B)
Non Current Liabilities Other154M135M685M861M756M793.8M
Common Stock1.8B631M109M7.5B7.7B8.1B

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