STX Debt-to-Equity Ratio Analysis
Updated 33h ago·SEC filings & market data
Key Takeaway
A debt-to-equity ratio of 1.65x means the company uses $1.65 of debt for every $1 of shareholder equity, indicating a notable reliance on borrowed funds.
Sector Performance
79th percentileSTX
1.65x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
3.53x(Jul 2026)
Deep Analysis
A debt-to-equity ratio of 1.65x means the company uses $1.65 of debt for every $1 of shareholder equity, indicating a notable reliance on borrowed funds.
This is far above the sector median of 0.74x, placing STX in the 80th percentile among peers, so only one in five peers carries more leverage. The year-over-year change is N/A, but the quarter-over-quarter shift is -53.3%, falling from 3.53x to 1.65x in the most recent quarter. The current level still signals elevated financial risk, yet the sharp quarterly drop shows that deleveraging is underway. That combination—high absolute leverage with rapid improvement—creates a mixed picture: near-term risk remains, but the trajectory may offer a chance for balance-sheet healing. This metric supports the overall CAUTIOUS verdict because the ratio remains above industry norms even as it improves.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about STX?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are STX's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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1.65x
Sector Median
0.74x
Sector Avg
2.51x
How STX's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.