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Seagate Technology Holdings (Seagate Technology Holdings) Capex-to-Operating-Cash-Flow : 0.32 (As of Mar. 2024)


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What is Seagate Technology Holdings Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Seagate Technology Holdings's Capital Expenditure for the three months ended in Mar. 2024 was $-60.00 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $188.00 Mil.

Hence, Seagate Technology Holdings's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.32.


Seagate Technology Holdings Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Seagate Technology Holdings's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seagate Technology Holdings Capex-to-Operating-Cash-Flow Chart

Seagate Technology Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.34 0.31 0.23 0.34

Seagate Technology Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.23 0.55 0.41 0.32

Competitive Comparison of Seagate Technology Holdings's Capex-to-Operating-Cash-Flow

For the Computer Hardware subindustry, Seagate Technology Holdings's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seagate Technology Holdings's Capex-to-Operating-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seagate Technology Holdings's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Capex-to-Operating-Cash-Flow falls into.



Seagate Technology Holdings Capex-to-Operating-Cash-Flow Calculation

Seagate Technology Holdings's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-316) / 942
=0.34

Seagate Technology Holdings's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-60) / 188
=0.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Seagate Technology Holdings  (NAS:STX) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Seagate Technology Holdings Capex-to-Operating-Cash-Flow Related Terms

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Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Address
38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53
Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.
Executives
Ban Seng Teh officer: SVP, Sales 47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke officer: SVP, CLO & Corporate Secretary 47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris officer: SVP, HDD & SDD Products & CTO 1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley officer: President & COO SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano officer: EVP & CFO 47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander director MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong officer: SVP, Global Operations AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard officer: Executive Vice President 47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer director P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo director, officer: Chairman and CEO
Jay L Geldmacher director 5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers director 47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius director C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588