Micron Balance Sheet Analysis From 2010 to 2024

MU Stock  USD 117.89  1.25  1.05%   
Most indicators from Micron Technology's financial ratios are interrelated and interconnected. However, analyzing financial 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 financial 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 Micron Technology Valuation and Micron Technology Correlation analysis.
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 Multiple is likely to gain to 37.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 620.4 M in 2024.
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 Micron Technology Valuation and Micron Technology Correlation analysis.
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 Multiple is likely to gain to 37.15 in 2024, whereas Selling General Administrative is likely to drop slightly above 620.4 M in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue16.9B17.0B19.5B20.5B
EBITDA16.9B2.7B3.1B3.5B

Micron Technology fundamental ratios Correlations

0.750.780.991.00.140.970.991.00.830.990.480.40.810.95-0.2-0.30.320.990.77-0.350.93-0.240.610.631.0
0.750.470.640.740.750.620.740.750.660.750.050.340.990.84-0.16-0.070.270.750.78-0.070.62-0.490.50.460.74
0.780.470.760.74-0.090.70.80.760.480.790.80.710.480.610.10.10.540.80.480.080.920.130.790.40.73
0.990.640.760.99-0.010.990.970.990.820.980.510.350.720.91-0.22-0.370.280.980.71-0.410.92-0.190.560.630.99
1.00.740.740.990.130.980.981.00.830.990.440.340.810.95-0.24-0.360.290.980.77-0.410.91-0.250.560.621.0
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
0.970.620.70.990.98-0.020.950.980.790.960.460.260.70.91-0.29-0.480.230.950.71-0.480.88-0.210.470.660.98
0.990.740.80.970.980.110.950.980.81.00.490.440.790.93-0.13-0.230.370.990.74-0.280.94-0.190.630.520.98
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
0.40.340.710.350.340.070.260.440.380.30.440.690.30.290.420.560.530.460.250.390.590.140.950.280.33
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
0.950.840.610.910.950.320.910.930.950.850.950.210.290.89-0.29-0.320.220.940.83-0.330.83-0.440.510.60.95
-0.2-0.160.1-0.22-0.24-0.1-0.29-0.13-0.22-0.29-0.150.30.42-0.23-0.290.570.74-0.16-0.080.54-0.070.080.23-0.28-0.24
-0.3-0.070.1-0.37-0.360.12-0.48-0.23-0.34-0.18-0.260.180.56-0.17-0.320.570.25-0.23-0.260.67-0.070.240.4-0.5-0.37
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
-0.24-0.490.13-0.19-0.25-0.53-0.21-0.19-0.24-0.4-0.220.340.14-0.49-0.440.080.240.02-0.23-0.780.13-0.040.04-0.28-0.25
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 fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets53.7B58.8B66.3B64.3B73.9B77.6B
Net Debt(448M)(483M)(746M)5.4B6.2B6.5B
Retained Earnings33.4B39.1B47.3B40.8B46.9B49.3B
Cash7.6B7.8B8.3B8.6B9.9B10.4B
Net Receivables3.9B5.3B5.1B2.4B2.8B1.6B
Inventory5.6B4.5B6.7B8.4B9.6B10.1B
Other Current Assets304M502M644M820M943M859.6M
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
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
Net Tangible Assets37.4B42.4B48.3B42.6B49.0B26.3B

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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.