Micron Net Interest Income from 2010 to 2024
| MU Stock | USD 125.29 2.60 2.03% |
Net Interest Income | First Reported 2019-02-28 | Previous Quarter 0.0 | Current Value -14 M | Quarterly Volatility 26.6 M |
Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.4 B, Interest Expense of 468.5 M or Total Revenue of 9 B, as well as many exotic indicators such as Price To Sales Ratio of 5.94, Dividend Yield of 0.0038 or PTB Ratio of 2.34. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
Micron | Net Interest Income |
Latest Micron Technology's Net Interest Income Growth Pattern
Below is the plot of the Net Interest Income of Micron Technology over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Micron Technology's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Micron Technology's overall financial position and show how it may be relating to other accounts over time.
| Net Interest Income | 10 Years Trend |
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Net Interest Income |
| Timeline |
Micron Net Interest Income Regression Statistics
| Arithmetic Mean | (208,360,000) | |
| Coefficient Of Variation | (108.41) | |
| Mean Deviation | 198,016,000 | |
| Median | (222,000,000) | |
| Standard Deviation | 225,881,640 | |
| Sample Variance | 51022.5T | |
| Range | 656.6M | |
| R-Value | 0.85 | |
| Mean Square Error | 15648.9T | |
| R-Squared | 0.72 | |
| Significance | 0.000071 | |
| Slope | 42,715,000 | |
| Total Sum of Squares | 714315.2T |
Micron Net Interest Income History
About Micron Technology Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Micron Technology income statement, its balance sheet, and the statement of cash flows. Micron Technology investors use historical funamental indicators, such as Micron Technology's Net Interest Income, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may use each financial statement separately, they are all related. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Micron Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Micron Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Micron Technology. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 92 M | 96.6 M |
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
| 0.78 | ICG | Intchains Group | PairCorr |
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| 0.74 | MAXN | Maxeon Solar Technologies | PairCorr |
| 0.73 | CAN | Canaan Inc Financial Report 24th of May 2024 | PairCorr |
| 0.7 | MRAM | Everspin Technologies | PairCorr |
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.Check out the analysis of Micron Technology Correlation against competitors. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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.
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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.