Micron Current Ratio from 2010 to 2024

MU Stock  USD 119.25  0.45  0.38%   
Micron Technology Current Ratio yearly trend continues to be comparatively stable with very little volatility. Current Ratio will likely drop to 2.98 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
5.13
Current Value
2.98
Quarterly Volatility
0.91567914
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 B, Interest Expense of 468.5 M or Total Revenue of 9 B, as well as many exotic indicators such as Short Term Coverage Ratios of 4.79, Price To Sales Ratio of 5.94 or Dividend Yield of 0.0056. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
This module can also supplement Micron Technology's financial leverage analysis and stock options assessment as well as various Micron Technology Technical models . Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Latest Micron Technology's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Micron Technology over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Micron Technology's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Micron Technology's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.89 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Micron Current Ratio Regression Statistics

Arithmetic Mean2.84
Geometric Mean2.72
Coefficient Of Variation32.23
Mean Deviation0.58
Median2.89
Standard Deviation0.92
Sample Variance0.84
Range3.1662
R-Value0.70
Mean Square Error0.45
R-Squared0.50
Significance0
Slope0.14
Total Sum of Squares11.74

Micron Current Ratio History

2024 2.98
2023 5.13
2022 4.46
2011 1.96
2010 2.89

About Micron Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Micron Technology income statement, its balance sheet, and the statement of cash flows. Micron Technology investors use historical funamental indicators, such as Micron Technology's Current Ratio, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may use each financial statement separately, they are all related. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Micron Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Micron Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Micron Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Ratio 5.13  2.98 

Micron Technology Investors Sentiment

The influence of Micron Technology's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Micron. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Micron Technology's public news can be used to forecast risks associated with an investment in Micron. The trend in average sentiment can be used to explain how an investor holding Micron can time the market purely based on public headlines and social activities around Micron Technology. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Micron Technology's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Micron Technology's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Micron Technology's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Micron Technology.

Micron Technology Implied Volatility

    
  92.41  
Micron Technology's implied volatility exposes the market's sentiment of Micron Technology stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Micron Technology's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Micron Technology stock will not fluctuate a lot when Micron Technology's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Micron Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Micron Technology's short interest history, or implied volatility extrapolated from Micron Technology options trading.

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When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:

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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
(3.45)
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.