Micron Historical Balance Sheet

MU Stock

USD 126.28 1.22 0.96%

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.

Cash Flow Balance Sheet Income Statement

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

Micron Technology Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Micron Technology uses and utilizes its capital. It also shows what exactly a company owns and owes.

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 Short Long Term Debt Total Total Current Liabilities Total Stockholder Equity Net Debt

Add Fundamental

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.

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.

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 Total	7.5B	13.9B	16.0B	16.8B
Total Assets	66.3B	64.3B	73.9B	77.6B

Short Long Term Debt Total Total Assets

Micron Technology balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross
Total Assets		0.75	0.78	0.99	1.0	0.14	0.97	0.99	1.0	0.83	0.99	0.48	0.4	0.81	0.95	-0.2	-0.31	0.32	0.99	0.77	-0.35	0.93	-0.24	0.61	0.63	1.0
Short Long Term Debt Total	0.75		0.47	0.64	0.74	0.75	0.62	0.74	0.75	0.66	0.75	0.05	0.34	0.99	0.84	-0.16	-0.08	0.27	0.75	0.78	-0.07	0.62	-0.49	0.5	0.46	0.74
Total Current Liabilities	0.78	0.47		0.76	0.74	-0.09	0.7	0.8	0.76	0.48	0.79	0.8	0.71	0.48	0.61	0.1	0.1	0.54	0.8	0.48	0.08	0.92	0.13	0.79	0.4	0.73
Total Stockholder Equity	0.99	0.64	0.76		0.99	-0.01	0.99	0.97	0.99	0.82	0.98	0.51	0.35	0.72	0.91	-0.22	-0.37	0.28	0.98	0.71	-0.41	0.92	-0.19	0.56	0.63	0.99
Property Plant And Equipment Net	1.0	0.74	0.74	0.99		0.13	0.98	0.98	1.0	0.83	0.99	0.44	0.34	0.81	0.95	-0.24	-0.36	0.29	0.98	0.77	-0.41	0.91	-0.25	0.56	0.62	1.0
Net Debt	0.14	0.75	-0.09	-0.01	0.13		-0.02	0.11	0.14	0.18	0.14	-0.41	0.07	0.68	0.32	-0.1	0.12	0.03	0.13	0.43	0.17	0.0	-0.53	0.12	0.17	0.13
Retained Earnings	0.97	0.62	0.7	0.99	0.98	-0.02		0.95	0.98	0.79	0.96	0.46	0.26	0.7	0.91	-0.29	-0.49	0.23	0.95	0.71	-0.48	0.88	-0.21	0.47	0.66	0.98
Cash	0.99	0.74	0.8	0.97	0.98	0.11	0.95		0.98	0.8	1.0	0.49	0.44	0.79	0.93	-0.13	-0.24	0.37	0.99	0.74	-0.28	0.94	-0.19	0.63	0.52	0.98
Non Current Assets Total	1.0	0.75	0.76	0.99	1.0	0.14	0.98	0.98		0.82	0.99	0.46	0.38	0.81	0.95	-0.22	-0.34	0.31	0.99	0.77	-0.38	0.92	-0.24	0.58	0.64	1.0
Non Currrent Assets Other	0.83	0.66	0.48	0.82	0.83	0.18	0.79	0.8	0.82		0.82	0.21	0.3	0.74	0.85	-0.29	-0.18	-0.04	0.82	0.73	-0.5	0.72	-0.4	0.52	0.5	0.83
Cash And Short Term Investments	0.99	0.75	0.79	0.98	0.99	0.14	0.96	1.0	0.99	0.82		0.48	0.44	0.81	0.95	-0.15	-0.26	0.37	1.0	0.76	-0.28	0.94	-0.22	0.63	0.59	0.99
Net Receivables	0.48	0.05	0.8	0.51	0.44	-0.41	0.46	0.49	0.46	0.21	0.48		0.69	0.06	0.21	0.3	0.18	0.44	0.51	0.17	0.06	0.65	0.34	0.66	0.25	0.43
Common Stock Shares Outstanding	0.4	0.34	0.71	0.35	0.34	0.07	0.26	0.44	0.38	0.3	0.44	0.69		0.3	0.29	0.42	0.57	0.53	0.46	0.25	0.39	0.59	0.14	0.95	0.28	0.33
Non Current Liabilities Total	0.81	0.99	0.48	0.72	0.81	0.68	0.7	0.79	0.81	0.74	0.81	0.06	0.3		0.89	-0.23	-0.17	0.21	0.8	0.81	-0.2	0.67	-0.49	0.49	0.51	0.8
Inventory	0.95	0.84	0.61	0.91	0.95	0.32	0.91	0.93	0.95	0.85	0.95	0.21	0.29	0.89		-0.29	-0.33	0.22	0.94	0.83	-0.33	0.83	-0.44	0.51	0.6	0.95
Other Current Assets	-0.2	-0.16	0.1	-0.22	-0.24	-0.1	-0.29	-0.13	-0.22	-0.29	-0.15	0.3	0.42	-0.23	-0.29		0.57	0.74	-0.16	-0.08	0.54	-0.07	0.08	0.23	-0.28	-0.24
Other Stockholder Equity	-0.31	-0.08	0.1	-0.37	-0.36	0.12	-0.49	-0.24	-0.34	-0.18	-0.26	0.18	0.57	-0.17	-0.33	0.57		0.25	-0.23	-0.26	0.67	-0.07	0.25	0.4	-0.5	-0.37
Total Liab	0.32	0.27	0.54	0.28	0.29	0.03	0.23	0.37	0.31	-0.04	0.37	0.44	0.53	0.21	0.22	0.74	0.25		0.34	0.28	0.48	0.4	0.02	0.46	0.13	0.28
Total Current Assets	0.99	0.75	0.8	0.98	0.98	0.13	0.95	0.99	0.99	0.82	1.0	0.51	0.46	0.8	0.94	-0.16	-0.23	0.34		0.76	-0.27	0.94	-0.23	0.65	0.59	0.98
Other Current Liab	0.77	0.78	0.48	0.71	0.77	0.43	0.71	0.74	0.77	0.73	0.76	0.17	0.25	0.81	0.83	-0.08	-0.26	0.28	0.76		-0.22	0.63	-0.78	0.42	0.52	0.76
Short Term Debt	-0.35	-0.07	0.08	-0.41	-0.41	0.17	-0.48	-0.28	-0.38	-0.5	-0.28	0.06	0.39	-0.2	-0.33	0.54	0.67	0.48	-0.27	-0.22		-0.19	0.13	0.18	-0.26	-0.41
Accounts Payable	0.93	0.62	0.92	0.92	0.91	0.0	0.88	0.94	0.92	0.72	0.94	0.65	0.59	0.67	0.83	-0.07	-0.07	0.4	0.94	0.63	-0.19		-0.04	0.74	0.48	0.91
Current Deferred Revenue	-0.24	-0.49	0.13	-0.19	-0.25	-0.53	-0.21	-0.19	-0.24	-0.4	-0.22	0.34	0.14	-0.49	-0.44	0.08	0.25	0.02	-0.23	-0.78	0.13	-0.04		0.04	-0.28	-0.25
Common Stock Total Equity	0.61	0.5	0.79	0.56	0.56	0.12	0.47	0.63	0.58	0.52	0.63	0.66	0.95	0.49	0.51	0.23	0.4	0.46	0.65	0.42	0.18	0.74	0.04		0.39	0.55
Short Term Investments	0.63	0.46	0.4	0.63	0.62	0.17	0.66	0.52	0.64	0.5	0.59	0.25	0.28	0.51	0.6	-0.28	-0.5	0.13	0.59	0.52	-0.26	0.48	-0.28	0.39		0.62
Property Plant And Equipment Gross	1.0	0.74	0.73	0.99	1.0	0.13	0.98	0.98	1.0	0.83	0.99	0.43	0.33	0.8	0.95	-0.24	-0.37	0.28	0.98	0.76	-0.41	0.91	-0.25	0.55	0.62

Click cells to compare fundamentals

Micron Technology Account Relationship Matchups

Micron Technology balance sheet 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

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 together with Micron Stock

0.62

TER

Teradyne Tech Boost

Pair Corr

Moving against Micron Stock

0.86	AEHR	Aehr Test Systems Financial Report 11th of July 2024	Pair Corr
0.77	ZS	Zscaler Earnings Call This Week	Pair Corr
0.75	S	SentinelOne Earnings Call This Week	Pair Corr
0.72	VCSA	Vacasa Inc	Pair Corr
0.66	CAN	Canaan Inc Aggressive Push	Pair Corr

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 Correlation Correlation Matching

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

Details

Is Micron Stock a good investment?

Details

What is Micron Technology's Net Worth?

Details

Largest Semiconductors & Semiconductor Equipment Companies

View

Largest Information Technology Companies

View

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

You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary 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.

	Analyst Advice Analyst recommendations and target price estimates broken down by several categories
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Volatility Analysis Get historical volatility and risk analysis based on latest market data
	Money Managers Screen money managers from public funds and ETFs managed around the world

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Micron Historical Balance Sheet

Micron Technology Inventory

10.13 Billion

About Micron Balance Sheet Analysis

Micron Technology Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Net Debt

Micron Technology balance sheet Correlations

Micron Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Micron Technology balance sheet Accounts

Pair Trading with Micron Technology

Moving together with Micron Stock

Moving against Micron Stock

Complementary Tools for Micron Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Net	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Current Deferred Revenue	- 0.78	Other Current Liab
Current Deferred Revenue	- 0.53	Net Debt
Short Term Investments	- 0.5	Other Stockholder Equity
Short Term Debt	- 0.5	Non Currrent Assets Other
Current Deferred Revenue	- 0.49	Non Current Liabilities Total
Other Stockholder Equity	- 0.49	Retained Earnings