Based on the key measurements obtained from Micron Technology's financial statements, Micron Technology is not in a good financial situation at this time. It has a very high probability of going through financial hardship in October. 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. Key indicators impacting Micron Technology's financial strength include:
The financial analysis of Micron Technology is a critical element in measuring its lifeblood. Investors should not minimize Micron Technology's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.
Net Income
(6.37 Billion)
Micron
Select Account or Indicator
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Research And Ddevelopement To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Payout Ratio
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Dividend Payout Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Change To Inventory
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Cashflows From Financing Activities
Depreciation
Other Non Cash Items
Capital Expenditures
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Sale Purchase Of Stock
Stock Based Compensation
Dividends Paid
Change To Account Receivables
Change To Liabilities
Other Cashflows From Investing Activities
Investments
Change Receivables
Net Borrowings
Total Cashflows From Investing Activities
Cash And Cash Equivalents Changes
Cash Flows Other Operating
Change To Netincome
Exchange Rate Changes
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
Liabilities And Stockholders Equity
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
Accumulated Other Comprehensive Income
Intangible Assets
Common Stock
Other Liab
Other Assets
Long Term Debt
Property Plant Equipment
Preferred Stock Total Equity
Good Will
Net Tangible Assets
Total Permanent Equity
Noncontrolling Interest In Consolidated Entity
Retained Earnings Total Equity
Long Term Debt Total
Capital Surpluse
Additional Paid In Capital
Long Term Investments
Treasury Stock
Non Current Liabilities Other
Deferred Long Term Asset Charges
Short Long Term Debt
Capital Lease Obligations
Warrants
Net Invested Capital
Net Working Capital
Capital Stock
Depreciation And Amortization
Interest Expense
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebit
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Income Tax Expense
Selling General Administrative
Research Development
Net Income Applicable To Common Shares
Minority Interest
Net Income From Continuing Ops
Non Operating Income Net Other
Non Recurring
Tax Provision
Interest Income
Net Interest Income
Reconciled Depreciation
Probability Of Bankruptcy
Understanding current and past Micron Technology Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Micron Technology's financial statements are interrelated, with each one affecting the others. For example, an increase in Micron Technology's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Micron Technology's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Micron Technology. Check Micron Technology's Beneish M Score to see the likelihood of Micron Technology's management manipulating its earnings.
Micron Technology Stock Summary
Micron Technology competes with NVIDIA, Intel, Taiwan Semiconductor, Marvell Technology, and Advanced Micro. Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho. Micron Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 48000 people.
Foreign Associate
Mexico
Specialization
Information Technology, Semiconductors & Semiconductor Equipment
Micron Technology's financial ratios allow both analysts and investors to convert raw data from Micron Technology's financial statements into concise, actionable information that can be used to evaluate the performance of Micron Technology over time and compare it to other companies across industries.
The reason investors look at the income statement is to determine what Micron Technology's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
Comparative valuation techniques use various fundamental indicators to help in determining Micron Technology's current stock value. Our valuation model uses many indicators to compare Micron Technology value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Micron Technology competition to find correlations between indicators driving Micron Technology's intrinsic value. More Info.
Micron Technology is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Micron Technology's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Micron Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.
Micron Technology Systematic Risk
Micron Technology's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Micron Technology volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Micron Technology correlated with the market. If Beta is less than 0 Micron Technology generally moves in the opposite direction as compared to the market. If Micron Technology Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Micron Technology is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Micron Technology is generally in the same direction as the market. If Beta > 1 Micron Technology moves generally in the same direction as, but more than the movement of the benchmark.
Micron Technology Thematic Clasifications
Micron Technology is part of several thematic ideas from Semiconductor to Trump Equities. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Micron Technology Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Micron Technology's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Micron Technology growth as a starting point in their analysis.
Micron Technology September 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Micron Technology help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Micron Technology. We use our internally-developed statistical techniques to arrive at the intrinsic value of Micron Technology based on widely used predictive technical indicators. In general, we focus on analyzing Micron Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Micron Technology's daily price indicators and compare them against related drivers.
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.