Micron Technology Financial Health
How is Micron Technology's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
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).