Micron Historical Balance Sheet

MU Stock  USD 126.64  1.53  1.19%   
Trend analysis of Micron Technology balance sheet accounts such as Total Stockholder Equity of 53.3 B, Property Plant And Equipment Net of 46.6 B or Net Debt of 6.5 B provides information on Micron Technology's total assets, liabilities, and equity, which is the actual value of Micron Technology to its prevalent stockholders. By breaking down trends over time using Micron Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Micron Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Micron Technology is a good buy for the upcoming year.

Micron Technology Inventory

10.13 Billion

  
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.

About Micron Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Micron Technology at a specified time, usually calculated after every quarter, six months, or one year. Micron Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Micron Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Micron currently owns. An asset can also be divided into two categories, current and non-current.

Micron Technology Balance Sheet Chart

At this time, Micron Technology's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 1.5 B in 2024, whereas Other Current Assets are likely to drop slightly above 859.6 M in 2024.

Total Assets

Total assets refers to the total amount of Micron Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Micron Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Micron Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Micron Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Micron Technology has held for over one year. Long-term debt appears on Micron Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Micron Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.
Most accounts from Micron Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 1.5 B in 2024, whereas Other Current Assets are likely to drop slightly above 859.6 M in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total7.5B13.9B16.0B16.8B
Total Assets66.3B64.3B73.9B77.6B

Micron Technology balance sheet Correlations

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0.140.75-0.09-0.010.13-0.020.110.140.180.14-0.410.070.680.32-0.10.120.030.130.430.170.0-0.530.120.170.13
0.970.620.70.990.98-0.020.950.980.790.960.460.260.70.91-0.29-0.490.230.950.71-0.480.88-0.210.470.660.98
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1.00.750.760.991.00.140.980.980.820.990.460.380.810.95-0.22-0.340.310.990.77-0.380.92-0.240.580.641.0
0.830.660.480.820.830.180.790.80.820.820.210.30.740.85-0.29-0.18-0.040.820.73-0.50.72-0.40.520.50.83
0.990.750.790.980.990.140.961.00.990.820.480.440.810.95-0.15-0.260.371.00.76-0.280.94-0.220.630.590.99
0.480.050.80.510.44-0.410.460.490.460.210.480.690.060.210.30.180.440.510.170.060.650.340.660.250.43
0.40.340.710.350.340.070.260.440.380.30.440.690.30.290.420.570.530.460.250.390.590.140.950.280.33
0.810.990.480.720.810.680.70.790.810.740.810.060.30.89-0.23-0.170.210.80.81-0.20.67-0.490.490.510.8
0.950.840.610.910.950.320.910.930.950.850.950.210.290.89-0.29-0.330.220.940.83-0.330.83-0.440.510.60.95
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-0.31-0.080.1-0.37-0.360.12-0.49-0.24-0.34-0.18-0.260.180.57-0.17-0.330.570.25-0.23-0.260.67-0.070.250.4-0.5-0.37
0.320.270.540.280.290.030.230.370.31-0.040.370.440.530.210.220.740.250.340.280.480.40.020.460.130.28
0.990.750.80.980.980.130.950.990.990.821.00.510.460.80.94-0.16-0.230.340.76-0.270.94-0.230.650.590.98
0.770.780.480.710.770.430.710.740.770.730.760.170.250.810.83-0.08-0.260.280.76-0.220.63-0.780.420.520.76
-0.35-0.070.08-0.41-0.410.17-0.48-0.28-0.38-0.5-0.280.060.39-0.2-0.330.540.670.48-0.27-0.22-0.190.130.18-0.26-0.41
0.930.620.920.920.910.00.880.940.920.720.940.650.590.670.83-0.07-0.070.40.940.63-0.19-0.040.740.480.91
-0.24-0.490.13-0.19-0.25-0.53-0.21-0.19-0.24-0.4-0.220.340.14-0.49-0.440.080.250.02-0.23-0.780.13-0.040.04-0.28-0.25
0.610.50.790.560.560.120.470.630.580.520.630.660.950.490.510.230.40.460.650.420.180.740.040.390.55
0.630.460.40.630.620.170.660.520.640.50.590.250.280.510.6-0.28-0.50.130.590.52-0.260.48-0.280.390.62
1.00.740.730.991.00.130.980.981.00.830.990.430.330.80.95-0.24-0.370.280.980.76-0.410.91-0.250.550.62
Click cells to compare fundamentals

Micron Technology Account Relationship Matchups

Micron Technology balance sheet Accounts

201920202021202220232024 (projected)
Total Assets53.7B58.8B66.3B64.3B73.9B77.6B
Short Long Term Debt Total7.2B7.3B7.5B13.9B16.0B16.8B
Total Current Liabilities6.6B6.4B7.5B4.8B5.5B5.8B
Total Stockholder Equity39.0B43.9B49.9B44.1B50.7B53.3B
Property Plant And Equipment Net31.6B33.8B39.2B38.6B44.4B46.6B
Net Debt(448M)(483M)(746M)5.4B6.2B6.5B
Retained Earnings33.4B39.1B47.3B40.8B46.9B49.3B
Cash7.6B7.8B8.3B8.6B9.9B10.4B
Non Current Assets Total35.7B38.9B44.5B43.0B49.5B51.9B
Non Currrent Assets Other781M1.1B1.3B1.3B1.5B1.5B
Cash And Short Term Investments8.1B8.6B9.3B9.6B11.0B11.6B
Net Receivables3.9B5.3B5.1B2.4B2.8B1.6B
Common Stock Shares Outstanding1.1B1.1B1.1B1.1B1.3B783.8M
Liabilities And Stockholders Equity53.7B58.8B66.3B64.3B73.9B77.6B
Non Current Liabilities Total8.0B8.5B8.8B15.4B17.7B18.6B
Inventory5.6B4.5B6.7B8.4B9.6B10.1B
Other Current Assets304M502M644M820M943M859.6M
Other Stockholder Equity5.4B4.8B3.1B3.5B4.0B4.4B
Total Liab14.7B14.9B16.4B20.1B23.2B24.3B
Total Current Assets18.0B19.9B21.8B21.2B24.4B25.7B
Other Current Liab548M944M5.3B4.5B5.2B5.4B
Short Term Debt270M155M103M278M319.7M383.4M
Accounts Payable2.2B1.7B2.1B1.7B2.0B2.1B
Current Deferred Revenue1.6B3.6B3.6B(1.7B)(2.0B)(1.9B)
Common Stock Total Equity118M119M122M123M141.5M89.5M
Short Term Investments518M870M1.1B1.0B1.2B684.0M
Property Plant And Equipment Gross31.6B33.8B39.2B38.6B44.4B46.6B
Accumulated Other Comprehensive Income71M2M(560M)(312M)(358.8M)(340.9M)
Intangible Assets334M349M421M404M464.6M329.0M
Common Stock119M122M123M124M142.6M86.4M
Other Liab1.1B1.4B1.4B1.7B2.0B2.1B
Other Assets1.5B1.8B2.0B1.8B2.1B2.2B
Long Term Debt6.0B6.6B6.8B13.1B15.0B15.8B
Property Plant Equipment31.6B33.8B39.2B38.6B44.4B46.6B
Net Tangible Assets37.4B42.4B48.3B42.6B49.0B26.3B
Retained Earnings Total Equity24.4B30.8B39.1B47.3B54.4B57.1B

Pair Trading with Micron Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Micron Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Micron Technology will appreciate offsetting losses from the drop in the long position's value.

Moving against Micron Stock

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The ability to find closely correlated positions to Micron Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Micron Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Micron Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Micron Technology to buy it.
The correlation of Micron Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Micron Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Micron Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Micron Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Micron Stock Analysis

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.