Micron Common Stock Total Equity vs Retained Earnings Analysis

MU Stock

USD 90.12 3.03 3.48%

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 Common Stock Total Equity and its Retained Earnings 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 closely tied 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.

Common Stock Total Equity vs Retained Earnings

Common Stock Total Equity vs Retained Earnings Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Micron Technology Common Stock Total Equity account and Retained Earnings. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Micron Technology's Common Stock Total Equity and Retained Earnings is 0.48. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Retained Earnings 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 Common Stock Total Equity and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Micron Technology are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Common Stock Total Equity i.e., Micron Technology's Common Stock Total Equity and Retained Earnings go up and down completely randomly.

Correlation Coefficient

0.48

Relationship Direction	Positive
Relationship Strength	Weak

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Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

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 closely tied 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 Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 32.90 in 2024, whereas Selling General Administrative is likely to drop slightly above 640.5 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	16.9B	17.0B	19.5B	20.5B
EBITDA	16.9B	2.5B	9.6B	10.1B

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		0.72	0.89	0.98	1.0	0.15	0.97	0.94	1.0	0.81	0.97	0.84	0.39	0.79	0.95	-0.17	-0.3	0.34	0.99	0.81	-0.33	0.94	0.07	0.62	0.62	0.82
Short Long Term Debt Total	0.72		0.72	0.59	0.7	0.77	0.56	0.6	0.71	0.64	0.64	0.59	0.35	0.99	0.81	-0.15	-0.03	0.31	0.74	0.71	-0.02	0.73	-0.15	0.54	0.45	0.75
Total Current Liabilities	0.89	0.72		0.84	0.86	0.25	0.8	0.81	0.88	0.71	0.83	0.93	0.47	0.74	0.85	-0.05	-0.05	0.46	0.92	0.83	-0.05	0.97	0.18	0.65	0.47	0.85
Total Stockholder Equity	0.98	0.59	0.84		0.99	-0.02	0.99	0.95	0.99	0.79	0.97	0.81	0.35	0.68	0.9	-0.18	-0.36	0.31	0.97	0.75	-0.4	0.9	0.11	0.57	0.62	0.76
Property Plant And Equipment Net	1.0	0.7	0.86	0.99		0.13	0.98	0.94	1.0	0.81	0.96	0.81	0.33	0.78	0.94	-0.21	-0.35	0.31	0.98	0.79	-0.39	0.93	0.07	0.58	0.61	0.82
Net Debt	0.15	0.77	0.25	-0.02	0.13		-0.04	-0.04	0.14	0.25	0.01	0.15	0.02	0.7	0.34	-0.17	0.1	0.05	0.18	0.37	0.16	0.23	-0.3	0.13	0.17	0.44
Retained Earnings	0.97	0.56	0.8	0.99	0.98	-0.04		0.92	0.97	0.77	0.94	0.76	0.25	0.66	0.89	-0.25	-0.48	0.25	0.94	0.74	-0.47	0.86	0.07	0.48	0.66	0.76
Cash	0.94	0.6	0.81	0.95	0.94	-0.04	0.92		0.94	0.69	0.99	0.74	0.52	0.67	0.84	-0.03	-0.18	0.42	0.94	0.64	-0.23	0.86	0.14	0.69	0.49	0.63
Non Current Assets Total	1.0	0.71	0.88	0.99	1.0	0.14	0.97	0.94		0.81	0.97	0.82	0.37	0.78	0.94	-0.18	-0.33	0.33	0.98	0.79	-0.36	0.93	0.07	0.61	0.64	0.81
Non Currrent Assets Other	0.81	0.64	0.71	0.79	0.81	0.25	0.77	0.69	0.81		0.72	0.69	0.24	0.72	0.86	-0.28	-0.18	-0.02	0.82	0.78	-0.48	0.81	-0.09	0.51	0.49	0.82
Cash And Short Term Investments	0.97	0.64	0.83	0.97	0.96	0.01	0.94	0.99	0.97	0.72		0.76	0.52	0.71	0.87	-0.06	-0.21	0.42	0.95	0.68	-0.24	0.87	0.11	0.7	0.58	0.66
Net Receivables	0.84	0.59	0.93	0.81	0.81	0.15	0.76	0.74	0.82	0.69	0.76		0.41	0.62	0.74	0.06	-0.04	0.41	0.87	0.86	-0.12	0.91	0.21	0.56	0.41	0.82
Common Stock Shares Outstanding	0.39	0.35	0.47	0.35	0.33	0.02	0.25	0.52	0.37	0.24	0.52	0.41		0.31	0.27	0.47	0.61	0.53	0.43	0.21	0.43	0.41	0.16	0.93	0.23	0.06
Non Current Liabilities Total	0.79	0.99	0.74	0.68	0.78	0.7	0.66	0.67	0.78	0.72	0.71	0.62	0.31		0.87	-0.22	-0.13	0.25	0.8	0.75	-0.16	0.78	-0.14	0.54	0.51	0.8
Inventory	0.95	0.81	0.85	0.9	0.94	0.34	0.89	0.84	0.94	0.86	0.87	0.74	0.27	0.87		-0.3	-0.31	0.25	0.95	0.78	-0.31	0.92	-0.08	0.54	0.59	0.89
Other Current Assets	-0.17	-0.15	-0.05	-0.18	-0.21	-0.17	-0.25	-0.03	-0.18	-0.28	-0.06	0.06	0.47	-0.22	-0.3		0.57	0.72	-0.14	-0.13	0.51	-0.14	0.03	0.25	-0.26	-0.28
Other Stockholder Equity	-0.3	-0.03	-0.05	-0.36	-0.35	0.1	-0.48	-0.18	-0.33	-0.18	-0.21	-0.04	0.61	-0.13	-0.31	0.57		0.24	-0.22	-0.24	0.66	-0.13	0.14	0.41	-0.5	-0.32
Total Liab	0.34	0.31	0.46	0.31	0.31	0.05	0.25	0.42	0.33	-0.02	0.42	0.41	0.53	0.25	0.25	0.72	0.24		0.36	0.25	0.48	0.36	0.06	0.47	0.14	0.2
Total Current Assets	0.99	0.74	0.92	0.97	0.98	0.18	0.94	0.94	0.98	0.82	0.95	0.87	0.43	0.8	0.95	-0.14	-0.22	0.36		0.82	-0.25	0.96	0.08	0.65	0.59	0.84
Other Current Liab	0.81	0.71	0.83	0.75	0.79	0.37	0.74	0.64	0.79	0.78	0.68	0.86	0.21	0.75	0.78	-0.13	-0.24	0.25	0.82		-0.27	0.81	-0.13	0.44	0.53	0.86
Short Term Debt	-0.33	-0.02	-0.05	-0.4	-0.39	0.16	-0.47	-0.23	-0.36	-0.48	-0.24	-0.12	0.43	-0.16	-0.31	0.51	0.66	0.48	-0.25	-0.27		-0.21	0.0	0.2	-0.24	-0.32
Accounts Payable	0.94	0.73	0.97	0.9	0.93	0.23	0.86	0.86	0.93	0.81	0.87	0.91	0.41	0.78	0.92	-0.14	-0.13	0.36	0.96	0.81	-0.21		0.15	0.63	0.49	0.89
Current Deferred Revenue	0.07	-0.15	0.18	0.11	0.07	-0.3	0.07	0.14	0.07	-0.09	0.11	0.21	0.16	-0.14	-0.08	0.03	0.14	0.06	0.08	-0.13	0.0	0.15		0.14	-0.13	0.03
Common Stock Total Equity	0.62	0.54	0.65	0.57	0.58	0.13	0.48	0.69	0.61	0.51	0.7	0.56	0.93	0.54	0.54	0.25	0.41	0.47	0.65	0.44	0.2	0.63	0.14		0.37	0.34
Short Term Investments	0.62	0.45	0.47	0.62	0.61	0.17	0.66	0.49	0.64	0.49	0.58	0.41	0.23	0.51	0.59	-0.26	-0.5	0.14	0.59	0.53	-0.24	0.49	-0.13	0.37		0.48
Property Plant And Equipment Gross	0.82	0.75	0.85	0.76	0.82	0.44	0.76	0.63	0.81	0.82	0.66	0.82	0.06	0.8	0.89	-0.28	-0.32	0.2	0.84	0.86	-0.32	0.89	0.03	0.34	0.48

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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	69.4B	72.9B
Short Long Term Debt Total	7.2B	7.3B	7.5B	13.9B	14.0B	14.7B
Total Current Liabilities	6.6B	6.4B	7.5B	4.8B	9.2B	9.7B
Total Stockholder Equity	39.0B	43.9B	49.9B	44.1B	45.1B	47.4B
Property Plant And Equipment Net	31.6B	33.8B	39.2B	38.6B	40.4B	42.4B
Net Debt	(448M)	(483M)	(746M)	5.4B	7.0B	7.3B
Retained Earnings	33.4B	39.1B	47.3B	40.8B	40.9B	42.9B
Cash	7.6B	7.8B	8.3B	8.6B	7.0B	7.4B
Non Current Assets Total	35.7B	38.9B	44.5B	43.0B	45.0B	47.3B
Non Currrent Assets Other	781M	1.1B	1.3B	1.3B	1.5B	1.6B
Cash And Short Term Investments	8.1B	8.6B	9.3B	9.6B	8.1B	8.5B
Net Receivables	3.9B	5.3B	5.1B	2.4B	6.6B	6.9B
Common Stock Shares Outstanding	1.1B	1.1B	1.1B	1.1B	1.1B	794.9M
Liabilities And Stockholders Equity	53.7B	58.8B	66.3B	64.3B	69.4B	72.9B
Non Current Liabilities Total	8.0B	8.5B	8.8B	15.4B	15.0B	15.8B
Inventory	5.6B	4.5B	6.7B	8.4B	8.9B	9.3B
Other Current Assets	304M	1.5B	657M	820M	776M	886.6M
Other Stockholder Equity	5.4B	4.8B	3.1B	3.5B	4.3B	4.4B
Total Liab	14.7B	14.9B	16.4B	20.1B	24.3B	25.5B
Total Current Assets	18.0B	19.9B	21.8B	21.2B	24.4B	25.6B
Other Current Liab	548M	4.2B	4.9B	2.7B	5.9B	6.2B
Short Term Debt	270M	155M	103M	278M	431M	385.8M
Accounts Payable	2.2B	1.7B	2.1B	1.7B	2.7B	2.9B
Current Deferred Revenue	1.6B	3.6B	3.6B	(1.7B)	766M	451.4M
Common Stock Total Equity	118M	119M	122M	123M	141.5M	89.5M
Short Term Investments	518M	870M	1.1B	1.0B	1.1B	699.7M
Property Plant And Equipment Gross	31.6B	33.8B	39.2B	38.6B	96.7B	101.5B
Accumulated Other Comprehensive Income	71M	2M	(560M)	(312M)	(134M)	(140.7M)
Intangible Assets	334M	349M	421M	404M	416M	333.2M
Common Stock	119M	122M	123M	124M	125M	88.0M
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	11.2B	11.8B
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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