Micron Net Debt vs Property Plant And Equipment Net Analysis
MU Stock | USD 123.00 1.76 1.45% |
Micron Technology financial indicator trend analysis is infinitely more than just investigating Micron Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Micron Technology is a good investment. Please check the relationship between Micron Technology Net Debt and its Property Plant And Equipment Net accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.
Net Debt vs Property Plant And Equipment Net
Net Debt vs Property Plant And Equipment Net Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Micron Technology Net Debt account and Property Plant And Equipment Net. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Micron Technology's Net Debt and Property Plant And Equipment Net is 0.13. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant And Equipment Net in the same time period over historical financial statements of Micron Technology, assuming nothing else is changed. The correlation between historical values of Micron Technology's Net Debt and Property Plant And Equipment Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Micron Technology are associated (or correlated) with its Property Plant And Equipment Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Net has no effect on the direction of Net Debt i.e., Micron Technology's Net Debt and Property Plant And Equipment Net go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Most indicators from Micron Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.At this time, Micron Technology's Tax Provision is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 37.18 in 2024, whereas Selling General Administrative is likely to drop slightly above 620.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Cost Of Revenue | 16.9B | 17.0B | 19.5B | 20.5B | EBITDA | 16.9B | 2.7B | 3.1B | 3.5B |
Micron Technology fundamental ratios Correlations
Click cells to compare fundamentals
Micron Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Micron Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 53.7B | 58.8B | 66.3B | 64.3B | 73.9B | 77.6B | |
Short Long Term Debt Total | 7.2B | 7.3B | 7.5B | 13.9B | 16.0B | 16.8B | |
Total Current Liabilities | 6.6B | 6.4B | 7.5B | 4.8B | 5.5B | 5.8B | |
Total Stockholder Equity | 39.0B | 43.9B | 49.9B | 44.1B | 50.7B | 53.3B | |
Property Plant And Equipment Net | 31.6B | 33.8B | 39.2B | 38.6B | 44.4B | 46.6B | |
Net Debt | (448M) | (483M) | (746M) | 5.4B | 6.2B | 6.5B | |
Retained Earnings | 33.4B | 39.1B | 47.3B | 40.8B | 46.9B | 49.3B | |
Cash | 7.6B | 7.8B | 8.3B | 8.6B | 9.9B | 10.4B | |
Non Current Assets Total | 35.7B | 38.9B | 44.5B | 43.0B | 49.5B | 51.9B | |
Non Currrent Assets Other | 781M | 1.1B | 1.3B | 1.3B | 1.5B | 1.5B | |
Cash And Short Term Investments | 8.1B | 8.6B | 9.3B | 9.6B | 11.0B | 11.6B | |
Net Receivables | 3.9B | 5.3B | 5.1B | 2.4B | 2.8B | 1.6B | |
Common Stock Shares Outstanding | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 783.8M | |
Liabilities And Stockholders Equity | 53.7B | 58.8B | 66.3B | 64.3B | 73.9B | 77.6B | |
Non Current Liabilities Total | 8.0B | 8.5B | 8.8B | 15.4B | 17.7B | 18.6B | |
Inventory | 5.6B | 4.5B | 6.7B | 8.4B | 9.6B | 10.1B | |
Other Current Assets | 304M | 502M | 644M | 820M | 943M | 859.6M | |
Other Stockholder Equity | 5.4B | 4.8B | 3.1B | 3.5B | 4.0B | 4.4B | |
Total Liab | 14.7B | 14.9B | 16.4B | 20.1B | 23.2B | 24.3B | |
Total Current Assets | 18.0B | 19.9B | 21.8B | 21.2B | 24.4B | 25.7B | |
Other Current Liab | 548M | 944M | 5.3B | 4.5B | 5.2B | 5.4B | |
Short Term Debt | 270M | 155M | 103M | 278M | 319.7M | 383.4M | |
Accounts Payable | 2.2B | 1.7B | 2.1B | 1.7B | 2.0B | 2.1B | |
Current Deferred Revenue | 1.6B | 3.6B | 3.6B | (1.7B) | (2.0B) | (1.9B) | |
Common Stock Total Equity | 118M | 119M | 122M | 123M | 141.5M | 89.5M | |
Short Term Investments | 518M | 870M | 1.1B | 1.0B | 1.2B | 684.0M | |
Property Plant And Equipment Gross | 31.6B | 33.8B | 39.2B | 38.6B | 44.4B | 46.6B | |
Accumulated Other Comprehensive Income | 71M | 2M | (560M) | (312M) | (358.8M) | (340.9M) | |
Intangible Assets | 334M | 349M | 421M | 404M | 464.6M | 329.0M | |
Common Stock | 119M | 122M | 123M | 124M | 142.6M | 86.4M | |
Other Liab | 1.1B | 1.4B | 1.4B | 1.7B | 2.0B | 2.1B | |
Other Assets | 1.5B | 1.8B | 2.0B | 1.8B | 2.1B | 2.2B | |
Long Term Debt | 6.0B | 6.6B | 6.8B | 13.1B | 15.0B | 15.8B | |
Property Plant Equipment | 31.6B | 33.8B | 39.2B | 38.6B | 44.4B | 46.6B | |
Net Tangible Assets | 37.4B | 42.4B | 48.3B | 42.6B | 49.0B | 26.3B | |
Retained Earnings Total Equity | 24.4B | 30.8B | 39.1B | 47.3B | 54.4B | 57.1B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 0.46 | Earnings Share (3.44) | Revenue Per Share 16.67 | Quarterly Revenue Growth 0.577 |
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.