Micron Technology Balance Sheet Health
Financial Health criteria checks 4/6
Micron Technology has a total shareholder equity of $43.9B and total debt of $12.0B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are $65.7B and $21.8B respectively.
Key information
27.4%
Debt to equity ratio
US$12.02b
Debt
| Interest coverage ratio | n/a |
| Cash | US$9.01b |
| Equity | US$43.87b |
| Total liabilities | US$21.85b |
| Total assets | US$65.72b |
Recent financial health updates
We Think Micron Technology (NASDAQ:MU) Has A Fair Chunk Of Debt
Jan 27
Micron Technology (NASDAQ:MU) Is Making Moderate Use Of Debt
Sep 24These 4 Measures Indicate That Micron Technology (NASDAQ:MU) Is Using Debt Extensively
Jun 26Recent updates
I'm Upgrading Micron To A Buy As It Wins The HBM Yield Race With SK Hynix
Apr 25Micron: Sell Cyclical Stock Near Cyclical High
Apr 14Micron: Gnashing Of Teeth As The Best Upcycle Develops (Rating Downgrade)
Apr 05Micron Technology, Inc.'s (NASDAQ:MU) Share Price Not Quite Adding Up
Apr 01Micron: Reasonable Valuation On Massive Tailwind
Mar 28Micron: HBM Is Sold Out In FY24/FY25 Thanks To AI Demand, Rating Maintained
Mar 21Micron Stock: After Nearly Doubling, It's Time To Take Profits (Technical Analysis)
Mar 13Micron: Please Don't Pay This Much For A Commodity Stock
Mar 07Micron Is One Of My Top Stocks To Buy For The AI Boom, PC Upgrade Cycle And Robotics
Feb 27Micron: Immense Bullish Support Embedded Here - Minimal Margin Of Safety
Jan 31We Think Micron Technology (NASDAQ:MU) Has A Fair Chunk Of Debt
Jan 27Micron Is A Buy Going Into 2024
Jan 20With Micron Technology, Inc. (NASDAQ:MU) It Looks Like You'll Get What You Pay For
Dec 18Micron Technology (NASDAQ:MU) Is Making Moderate Use Of Debt
Sep 24These 4 Measures Indicate That Micron Technology (NASDAQ:MU) Is Using Debt Extensively
Jun 26Financial Position Analysis
Short Term Liabilities: MU's short term assets ($23.4B) exceed its short term liabilities ($6.3B).
Long Term Liabilities: MU's short term assets ($23.4B) exceed its long term liabilities ($15.6B).
Debt to Equity History and Analysis
Debt Level: MU's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: MU's debt to equity ratio has increased from 15.5% to 27.4% over the past 5 years.
Debt Coverage: MU's debt is well covered by operating cash flow (24.1%).
Interest Coverage: Insufficient data to determine if MU's interest payments on its debt are well covered by EBIT.