Micron Long Term Debt vs Short Term Debt Analysis

MU Stock

USD 112.96 1.40 1.22%

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 Long Term Debt and its Short Term Debt 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.

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Micron Technology Long Term Debt account and Short Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Micron Technology's Long Term Debt and Short Term Debt is -0.36. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Short Term Debt 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 Long Term Debt and Short Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Micron Technology are associated (or correlated) with its Short Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Debt has no effect on the direction of Long Term Debt i.e., Micron Technology's Long Term Debt and Short Term Debt go up and down completely randomly.

Correlation Coefficient

-0.36

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

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.

Short Term Debt

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

Cost Of Revenue Ebitda

Micron Technology fundamental ratios 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

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Micron Technology Account Relationship Matchups

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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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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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.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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 Long Term Debt vs Short Term Debt Analysis

Long Term Debt vs Short Term Debt

Long Term Debt vs Short Term Debt Correlation Analysis

Correlation Coefficient

Long Term Debt

Short Term Debt

Micron Technology fundamental ratios Correlations

Micron Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Micron Technology fundamental ratios Accounts

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

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