Micron Technology Stock Return On Asset

MU Stock

USD 111.78 0.68 0.60%

Micron Technology fundamentals help investors to digest information that contributes to Micron Technology's financial success or failures. It also enables traders to predict the movement of Micron Stock. The fundamental analysis module provides a way to measure Micron Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Micron Technology stock.

Short Long Term Debt Total Total Assets

Return On Assets is likely to gain to -0.08 in 2024.

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Micron Technology Company Return On Asset Analysis

Micron Technology's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Return On Asset

Net Income

Total Assets

More About Return On Asset | All Equity Analysis

Current Micron Technology Return On Asset

-0.0377

Most of Micron Technology's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Micron Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Micron Return On Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Micron Technology is extremely important. It helps to project a fair market value of Micron Stock properly, considering its historical fundamentals such as Return On Asset. Since Micron Technology's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Micron Technology's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Micron Technology's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Current Deferred Revenue	Short Term Investments	Intangible Assets	Common Stock	Long Term Debt	Property Plant Equipment	Good Will	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Long Term Investments	Treasury Stock	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.14	0.97	0.48	0.32	0.99	-0.35	0.93	-0.24	0.63	0.32	0.59	0.78	0.99	0.72	0.88	0.93	0.47	0.67	0.01	-0.86	-0.77	0.9	0.88	0.73
Total Stockholder Equity	0.99		-0.01	0.99	0.51	0.28	0.98	-0.41	0.92	-0.19	0.63	0.22	0.55	0.71	0.99	0.77	0.92	0.95	0.36	0.68	-0.04	-0.89	-0.75	0.92	0.89	0.7
Net Debt	0.14	-0.01		-0.02	-0.41	0.03	0.13	0.17	0.0	-0.53	0.17	0.43	0.12	0.57	0.12	-0.25	-0.18	-0.07	0.6	0.11	0.23	0.08	-0.16	0.05	0.1	0.42
Retained Earnings	0.97	0.99	-0.02		0.46	0.23	0.95	-0.48	0.88	-0.21	0.66	0.13	0.46	0.71	0.99	0.77	0.93	0.94	0.33	0.7	-0.04	-0.9	-0.74	0.94	0.91	0.71
Net Receivables	0.48	0.51	-0.41	0.46		0.44	0.51	0.06	0.65	0.34	0.25	0.35	0.66	0.01	0.41	0.61	0.61	0.54	0.33	0.11	0.07	-0.37	-0.55	0.34	0.32	-0.02
Total Liab	0.32	0.28	0.03	0.23	0.44		0.34	0.48	0.4	0.02	0.13	0.33	0.46	0.13	0.26	0.39	0.23	0.44	0.32	-0.3	0.05	-0.16	-0.53	0.04	0.06	0.0
Total Current Assets	0.99	0.98	0.13	0.95	0.51	0.34		-0.27	0.94	-0.23	0.59	0.37	0.64	0.76	0.97	0.69	0.86	0.92	0.46	0.65	0.0	-0.83	-0.74	0.88	0.86	0.72
Short Term Debt	-0.35	-0.41	0.17	-0.48	0.06	0.48	-0.27		-0.19	0.13	-0.26	0.38	0.18	-0.36	-0.44	-0.36	-0.46	-0.39	0.06	-0.56	0.19	0.47	0.26	-0.55	-0.53	-0.4
Accounts Payable	0.93	0.92	0.0	0.88	0.65	0.4	0.94	-0.19		-0.04	0.48	0.44	0.73	0.62	0.89	0.68	0.83	0.88	0.49	0.53	0.04	-0.8	-0.76	0.77	0.73	0.53
Current Deferred Revenue	-0.24	-0.19	-0.53	-0.21	0.34	0.02	-0.23	0.13	-0.04		-0.28	-0.17	0.04	-0.46	-0.26	0.07	-0.08	-0.07	-0.08	-0.38	0.05	-0.01	0.02	-0.31	-0.35	-0.53
Short Term Investments	0.63	0.63	0.17	0.66	0.25	0.13	0.59	-0.26	0.48	-0.28		0.29	0.39	0.33	0.62	0.41	0.67	0.47	0.31	0.46	0.51	-0.7	-0.59	0.71	0.69	0.56
Intangible Assets	0.32	0.22	0.43	0.13	0.35	0.33	0.37	0.38	0.44	-0.17	0.29		0.84	0.23	0.2	-0.1	0.17	0.09	0.61	0.09	0.46	-0.15	-0.31	0.18	0.19	0.2
Common Stock	0.59	0.55	0.12	0.46	0.66	0.46	0.64	0.18	0.73	0.04	0.39	0.84		0.35	0.5	0.38	0.57	0.49	0.57	0.33	0.19	-0.46	-0.56	0.48	0.48	0.3
Long Term Debt	0.78	0.71	0.57	0.71	0.01	0.13	0.76	-0.36	0.62	-0.46	0.33	0.23	0.35		0.8	0.48	0.55	0.7	0.58	0.68	-0.23	-0.57	-0.57	0.71	0.73	0.79
Property Plant Equipment	0.99	0.99	0.12	0.99	0.41	0.26	0.97	-0.44	0.89	-0.26	0.62	0.2	0.5	0.8		0.75	0.89	0.94	0.43	0.7	-0.06	-0.88	-0.76	0.93	0.9	0.76
Good Will	0.72	0.77	-0.25	0.77	0.61	0.39	0.69	-0.36	0.68	0.07	0.41	-0.1	0.38	0.48	0.75		0.86	0.87	0.31	0.52	-0.37	-0.67	-0.68	0.7	0.69	0.4
Net Tangible Assets	0.88	0.92	-0.18	0.93	0.61	0.23	0.86	-0.46	0.83	-0.08	0.67	0.17	0.57	0.55	0.89	0.86		0.89	0.32	0.72	-0.09	-0.88	-0.71	0.93	0.91	0.6
Total Permanent Equity	0.93	0.95	-0.07	0.94	0.54	0.44	0.92	-0.39	0.88	-0.07	0.47	0.09	0.49	0.7	0.94	0.87	0.89		0.38	0.57	-0.2	-0.83	-0.8	0.83	0.81	0.6
Long Term Debt Total	0.47	0.36	0.6	0.33	0.33	0.32	0.46	0.06	0.49	-0.08	0.31	0.61	0.57	0.58	0.43	0.31	0.32	0.38		0.17	0.26	-0.33	-0.67	0.3	0.29	0.3
Capital Surpluse	0.67	0.68	0.11	0.7	0.11	-0.3	0.65	-0.56	0.53	-0.38	0.46	0.09	0.33	0.68	0.7	0.52	0.72	0.57	0.17		-0.32	-0.6	-0.25	0.87	0.87	0.81
Long Term Investments	0.01	-0.04	0.23	-0.04	0.07	0.05	0.0	0.19	0.04	0.05	0.51	0.46	0.19	-0.23	-0.06	-0.37	-0.09	-0.2	0.26	-0.32		-0.11	-0.23	-0.08	-0.12	-0.06
Treasury Stock	-0.86	-0.89	0.08	-0.9	-0.37	-0.16	-0.83	0.47	-0.8	-0.01	-0.7	-0.15	-0.46	-0.57	-0.88	-0.67	-0.88	-0.83	-0.33	-0.6	-0.11		0.71	-0.87	-0.81	-0.55
Short Long Term Debt	-0.77	-0.75	-0.16	-0.74	-0.55	-0.53	-0.74	0.26	-0.76	0.02	-0.59	-0.31	-0.56	-0.57	-0.76	-0.68	-0.71	-0.8	-0.67	-0.25	-0.23	0.71		-0.6	-0.59	-0.39
Net Invested Capital	0.9	0.92	0.05	0.94	0.34	0.04	0.88	-0.55	0.77	-0.31	0.71	0.18	0.48	0.71	0.93	0.7	0.93	0.83	0.3	0.87	-0.08	-0.87	-0.6		0.99	0.81
Net Working Capital	0.88	0.89	0.1	0.91	0.32	0.06	0.86	-0.53	0.73	-0.35	0.69	0.19	0.48	0.73	0.9	0.69	0.91	0.81	0.29	0.87	-0.12	-0.81	-0.59	0.99		0.83
Capital Stock	0.73	0.7	0.42	0.71	-0.02	0.0	0.72	-0.4	0.53	-0.53	0.56	0.2	0.3	0.79	0.76	0.4	0.6	0.6	0.3	0.81	-0.06	-0.55	-0.39	0.81	0.83

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Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.

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Micron Total Assets

Total Assets

77.59 Billion

At this time, Micron Technology's Total Assets are comparatively stable compared to the past year.

Based on the latest financial disclosure, Micron Technology has a Return On Asset of -0.0377. This is 98.7% lower than that of the Semiconductors & Semiconductor Equipment sector and 117.95% lower than that of the Information Technology industry. The return on asset for all United States stocks is 73.07% lower than that of the firm.

Micron Return On Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Micron Technology's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Micron Technology could also be used in its relative valuation, which is a method of valuing Micron Technology by comparing valuation metrics of similar companies.

Micron Technology is currently under evaluation in return on asset category among related companies.

Micron Technology ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Micron Technology's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Micron Technology's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Micron Fundamentals

	Return On Equity	-0.0827
	Return On Asset	-0.0377
	Profit Margin	(0.21) %
	Operating Margin	0.03 %
	Current Valuation	129.91 B
	Shares Outstanding	1.11 B
	Shares Owned By Insiders	0.27 %
	Shares Owned By Institutions	85.16 %
	Number Of Shares Shorted	22.82 M
	Price To Earning	19.60 X
	Price To Book	3.09 X
	Price To Sales	7.41 X
	Revenue	15.54 B
	Gross Profit	(1.42 B)
	EBITDA	2.66 B
	Net Income	(5.83 B)
	Cash And Equivalents	9.33 B
	Cash Per Share	8.58 X
	Total Debt	13.93 B
	Debt To Equity	0.15 %
	Current Ratio	2.89 X
	Book Value Per Share	39.63 X
	Cash Flow From Operations	1.56 B
	Short Ratio	0.83 X
	Earnings Per Share	(3.44) X
	Price To Earnings To Growth	1.12 X
	Target Price	127.5
	Number Of Employees	43 K
	Beta	1.28
	Market Capitalization	124.53 B
	Total Asset	64.25 B
	Retained Earnings	40.82 B
	Working Capital	16.48 B
	Current Asset	9.49 B
	Current Liabilities	4.83 B
	Annual Yield	0 %
	Five Year Return	0.34 %
	Net Asset	64.25 B
	Last Dividend Paid	0.46

About Micron Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Micron Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Micron Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Micron Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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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:

How To Invest In Micron

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Is Micron Stock a good investment?

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What is Micron Technology's Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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Largest Information Technology Companies

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Check out Micron Technology Piotroski F Score and Micron Technology Altman Z Score analysis.

For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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.

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Micron Technology Stock Return On Asset

Micron Technology Company Return On Asset Analysis

Return On Asset

Net Income

Total Assets

Current Micron Technology Return On Asset

Micron Return On Asset Driver Correlations

Micron Total Assets

Total Assets

77.59 Billion

Micron Return On Asset Peer Comparison

Micron Technology ESG Sustainability

Micron Fundamentals

About Micron Technology Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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