STXSeagate Technology
Is it safe?
Forensics clean, with a caveat: a safe balance sheet and quality strong, but big price swings.
Financially healthy, low distress risk Altman Z-score, a bankruptcy-risk model from five balance-sheet ratios.
In the flagged range only because sales grew fast; the other indices are not Beneish M-score, a forensic model that detects earnings-manipulation patterns (receivables outrunning sales, margins slipping, accrual-heavy profit).
High fundamental quality Piotroski F-score, nine pass/fail tests of year-over-year financial health across profitability, balance sheet and efficiency. 7 to 9 is strong, 0 to 3 weak.
Insiders were net sellers (-$379.3M, 90 days to Oct 8, 2026), selling is often routine.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Large price swings, high volatility. Worst drawdown -57% · now 28% below its 52-week high.
Unless marked, from SEC EDGAR, as of Jul 3, 2026.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can STX take a bad year?
Seagate Technology carries $1.86B of net debt at 0.43× EBITDA: a load its earnings can carry.
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.43×
Net debt / EBITDA · 1.92× a year ago · the load is coming down
- Altman Z-score
- 20.45
Altman Z-score · safe zone, above 3
- Interest cover
- 14.4×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ4 2026
- $3.56B
- Cash and short-term investments
- $1.70B
- Net debt
- $1.86B
- EBITDA, trailing twelve months
- $4.37B
- Operating profit, trailing twelve months
- $4.09B
- Debt / equity
- 1.65×
- Total debt / EBITDA
- 0.82×
- Annualised volatilitytwo years of daily moves
- 59%
- Worst drawdown on file
- −57%
- Below its 52-week high
- 28%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Computer Hardware
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