Micron Technology Financial Health

How is Micron Technology's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MU's short term assets ($22.9B) exceed its short term liabilities ($6.5B).

Long Term Liabilities: MU's short term assets ($22.9B) exceed its long term liabilities ($12.0B).


Debt to Equity History and Analysis

Debt Level: MU has more cash than its total debt.

Reducing Debt: MU's debt to equity ratio has reduced from 33.9% to 19% over the past 5 years.

Debt Coverage: MU's debt is well covered by operating cash flow (130.3%).

Interest Coverage: MU's interest payments on its debt are well covered by EBIT (325.7x coverage).


Balance Sheet


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