Seagate Technology Holdings plc (STX) Interest Coverage Ratio: 5.89x
The interest coverage ratio for Seagate Technology Holdings plc (STX) is 5.89x as of Wednesday, June 10, 2026.
STX Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
5.89x
STX Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Seagate Technology Holdings plc (STX) | — | 5.89x | N/A | N/A | N/A |
| Palo Alto Networks, Inc. (PANW) | $177.55B | 414.30x | 248.35x | 170.31x | 170.31x |
| Western Digital Corporation (WDC) | $167.87B | 6.54x | 6.54x | 7.21x | 4.74x |
| Analog Devices, Inc. (ADI) | $197.09B | 9.23x | 7.77x | 10.00x | 11.10x |
| CrowdStrike Holdings, Inc. (CRWD) | $164.18B | -10.47x | N/A | N/A | N/A |
| QUALCOMM Incorporated (QCOM) | $216.51B | 18.61x | 16.53x | 19.16x | 17.43x |
| Salesforce, Inc. (CRM) | $143.61B | N/A | 26.49x | 10.86x | 7.69x |
| Shopify Inc. (SHOP) | $143.29B | N/A | 43.52x | 43.52x | 43.52x |
| Uber Technologies, Inc. (UBER) | $143.27B | 12.65x | 9.00x | 6.58x | 6.58x |
| Marvell Technology, Inc. (MRVL) | $233.47B | 6.61x | 6.61x | 4.00x | 4.00x |
Financial Health Indicators
Interest Coverage
5.9x
Debt/Equity
-11.03
Current Ratio
1.38
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Seagate Technology Holdings plc Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Seagate Technology Holdings plc Interest Coverage Ratio FAQ
- What is the interest coverage ratio for Seagate Technology Holdings plc (STX)?
- The interest coverage ratio for STX stock is 5.89x.
About Seagate Technology Holdings plc
Seagate Technology Holdings plc, headquartered in Dublin, Ireland, is a global provider of advanced data storage technology and solutions, with operations spanning Singapore, the United States, the Netherlands, and other international regions. The company's extensive product portfolio encompasses a wide array of mass capacity storage offerings. These include enterprise-grade nearline hard disk drives (HDDs), solid-state drives (SSDs), and complete enterprise nearline systems, alongside specialized HDDs for video and imaging, and network-attached storage (NAS) drives. Beyond these, Seagate also supports legacy systems with Mission Critical HDDs and SSDs. Its consumer-focused segment features external storage devices sold under popular lines such as Seagate Ultra Touch, One Touch, and Expansion, as well as the premium LaCie brand. The company's product range further extends to internal desktop and notebook drives, HDDs for digital video recorders (DVRs), and high-performance gaming SSDs. Moreover, Seagate delivers the Lyve edge-to-cloud platform, an innovative solution designed for managing and transferring vast amounts of data. Its clientele primarily consists of original equipment manufacturers (OEMs), distributors, and retailers. Established in 1978, Seagate Technology Holdings plc continues to be a leader in the data storage industry.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- William David Mosley