Seagate Files 2024 10-K: $210M in Assets
Ticker: STX · Form: 10-K · Filed: Aug 2, 2024 · CIK: 1137789
Sentiment: neutral
Topics: 10-K, annual-report, financials
TL;DR
Seagate's 2024 10-K shows $210M in assets. All good.
AI Summary
Seagate Technology Holdings plc filed its 2024 10-K report for the fiscal year ending June 28, 2024. The company reported total assets of $210,195,239. The filing details various financial aspects including cost of goods and services sold, other assets, and liabilities. Seagate Technology Holdings plc is headquartered in Singapore.
Why It Matters
This 10-K filing provides a comprehensive overview of Seagate's financial health and operational performance for the past fiscal year, crucial for investors and stakeholders to assess the company's stability and future prospects.
Risk Assessment
Risk Level: low — The filing is a standard annual report and does not indicate any immediate or significant risks.
Key Numbers
- $210.2B — Total Assets (Reported for the fiscal year ending June 28, 2024.)
Key Players & Entities
- Seagate Technology Holdings plc (company) — Filer of the 10-K report
- 20240628 (date) — Fiscal year end date
- $210,195,239 (dollar_amount) — Total assets reported
FAQ
What was Seagate Technology Holdings plc's total revenue for the fiscal year ending June 28, 2024?
The provided excerpt does not contain the total revenue figure for the fiscal year ending June 28, 2024.
What are the main categories of liabilities reported in the 10-K?
The filing mentions 'Accrued Liabilities Current' and 'Other Liabilities Noncurrent'.
What is the company's primary business as indicated by its SIC code?
The Standard Industrial Classification (SIC) code is 3572, which corresponds to 'COMPUTER STORAGE DEVICES'.
Where is Seagate Technology Holdings plc's business address located?
The business address is located at 121 WOODLANDS AVENUE 5, SINGAPORE, 739009.
When did the company change its name from Seagate Technology plc?
The company changed its name from Seagate Technology plc on July 6, 2010.
Filing Stats: 4,387 words · 18 min read · ~15 pages · Grade level 16.4 · Accepted 2024-08-02 16:20:12
Key Financial Figures
- $0.00001 — Registered Ordinary Shares, par value $0.00001 per share STX The NASDAQ Global Select
- $17.8 billion — econd fiscal quarter, was approximately $17.8 billion based upon the closing price reported f
Filing Documents
- stx-20240628.htm (10-K) — 2528KB
- stx-ex424a_20240628.htm (EX-4.24(A)) — 37KB
- stx-ex427a_20240628.htm (EX-4.27(A)) — 36KB
- stx-ex430a_20240628.htm (EX-4.30(A)) — 36KB
- stx-ex109_20240628.htm (EX-10.9) — 26KB
- stx-ex191_20240628.htm (EX-19.1) — 76KB
- stx-ex211_20240628.htm (EX-21.1) — 31KB
- stx-ex231_20240628.htm (EX-23.1) — 3KB
- stx-ex311_20240628.htm (EX-31.1) — 11KB
- stx-ex312_20240628.htm (EX-31.2) — 11KB
- stx-ex321_20240628.htm (EX-32.1) — 9KB
- stx-ex971_20240628.htm (EX-97.1) — 38KB
- stx-20240628_g1.jpg (GRAPHIC) — 125KB
- 0001137789-24-000068.txt ( ) — 13004KB
- stx-20240628.xsd (EX-101.SCH) — 72KB
- stx-20240628_cal.xml (EX-101.CAL) — 99KB
- stx-20240628_def.xml (EX-101.DEF) — 410KB
- stx-20240628_lab.xml (EX-101.LAB) — 948KB
- stx-20240628_pre.xml (EX-101.PRE) — 708KB
- stx-20240628_htm.xml (XML) — 1958KB
SIGNATURES
SIGNATURES 98 2 Table of Contents PRESENTATION OF FINANCIAL AND OTHER INFORMATION In this Annual Report on Form 10-K (the "Form 10-K"), unless the context indicates otherwise, as used herein, the terms "we," "us," "Seagate," the "Company" and "our" refer to Seagate Technology Holdings public limited company ("plc"), an Irish public limited company, and its subsidiaries. References to "$" and "dollars" are to United States dollars. We have compiled the market size information in this Form 10-K using statistics and other information obtained from several third-party sources. Various amounts and percentages used in this Form 10-K have been rounded and, accordingly, they may not total 100%. Seagate, Seagate Technology, LaCie, Lyve, MACH.2, Mozaic and the Spiral Logo, are trademarks or registered trademarks of Seagate Technology LLC or one of its affiliated companies in the United States ("U.S.") and/or other countries. All other trademarks or registered trademarks are the property of their respective owners. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical fact. These statements include, among other things, statements about the Company's plans, programs, strategies and prospects; anticipated shifts in technology and storage industry trends, and anticipated demand for and performance of new storage product introductions; expectations regarding market demand for our products and technologies and our ability to optimize our level of production and meet market and industry expectations and the effects of these future trends on the Company's performance; financial outlook for future periods; expectations regarding our ability to service debt,
BUSINESS
ITEM 1. BUSINESS We are a leading provider of data storage technology and infrastructure solutions that enable enterprises and end users to confidently store and unlock the value of their data. Our principal products are hard disk drives, commonly referred to as disk drives, hard drives or HDDs. In addition to HDDs, we produce a broad range of data storage products including solid state drives ("SSDs") and storage subsystems and offer storage solutions such as a scalable edge-to-cloud mass data platform that includes data transfer shuttles and a storage-as-a-service cloud. HDDs are devices that store digitally encoded data on rapidly rotating disks with magnetic surfaces. HDDs continue to be the primary medium of mass data storage due to their performance attributes, reliability, high capacities, superior quality and cost effectiveness. Complementing HDD storage architectures, SSDs use NAND flash memory integrated circuit assemblies to store data. Our HDD products are designed for mass capacity storage and legacy markets. Mass capacity storage involves well-established use cases, such as hyperscale data centers and private and public clouds as well as emerging use cases. Legacy markets are those that we continue to sell to but we do not plan to invest in significantly. Our HDD and SSD product portfolio 3 Table of Contents includes Serial Advanced Technology Attachment ("SATA"), Serial Attached SCSI ("SAS") and Non-Volatile Memory Express ("NVMe") based designs to support a wide variety of mass capacity and legacy applications. Our systems portfolio includes storage subsystems for enterprises, cloud service providers ("CSPs"), scale-out storage servers and original equipment manufacturers ("OEMs"). Engineered for modularity, mobility, capacity and performance, these solutions include our enterprise HDDs and SSDs, enabling customers to integrate powerful, scalable storage within existing environments or create new ecosystems from the ground up in a secure, co