Micron Technology, Inc.

NasdaqGS:MU Stock Report

Market Cap: US$114.4b

Micron Technology Balance Sheet Health

Financial Health criteria checks 5/6

Micron Technology has a total shareholder equity of $45.1B and total debt of $11.3B, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are $69.4B and $24.3B respectively. Micron Technology's EBIT is $1.2B making its interest coverage ratio 37.8. It has cash and short-term investments of $8.1B.

Key information

25.1%

Debt to equity ratio

US$11.34b

Debt

Interest coverage ratio37.8x
CashUS$8.11b
EquityUS$45.13b
Total liabilitiesUS$24.29b
Total assetsUS$69.42b

Recent financial health updates

Recent updates

HBM Demand Is Surging Past Supply: Why Micron Is The Biggest Beneficiary

Dec 03

Micron: Here's Why It Keeps Dropping And Here's Why I Keep Buying

Nov 20

Micron: A Dip Worth Picking Up

Nov 07

Micron's Resurgence Is Here To Stay (Technical Analysis)

Oct 24

Micron Technology, Inc.'s (NASDAQ:MU) Shares Climb 26% But Its Business Is Yet to Catch Up

Oct 18
Micron Technology, Inc.'s (NASDAQ:MU) Shares Climb 26% But Its Business Is Yet to Catch Up

Does Micron Technology (NASDAQ:MU) Have A Healthy Balance Sheet?

Oct 15
Does Micron Technology (NASDAQ:MU) Have A Healthy Balance Sheet?

Micron: Bullish Catalysts In Motion

Oct 13

Micron Technology: The Market May Be Wrong

Oct 04

Micron: Why Q4 Results Didn't Get Me Excited

Sep 28

Micron's Stock Might Face A Steep Decline Following Q4 Results

Sep 22

Micron: I Am Buying The Drop Hand Over Fist Before Q4

Sep 14

Micron Technology, Inc.'s (NASDAQ:MU) Intrinsic Value Is Potentially 58% Above Its Share Price

Sep 11
Micron Technology, Inc.'s (NASDAQ:MU) Intrinsic Value Is Potentially 58% Above Its Share Price

Micron Technology: DRAM And NAND Price Recovery Priced In (Rating Downgrade)

Aug 25

Micron Is Dirt Cheap After The 45% Drop

Aug 13

Micron: This Apple And NVIDIA Supplier Is An Undervalued AI Stock

Aug 06

Micron Technology, Inc.'s (NASDAQ:MU) Shareholders Might Be Looking For Exit

Jul 31
Micron Technology, Inc.'s (NASDAQ:MU) Shareholders Might Be Looking For Exit

Micron: Strong Prospects For Secular And Cyclical Growth Are Coming Together

Jul 28

Micron Taught Me 2 Lessons (Rating Upgrade)

Jul 18

Micron: HBM3E Shipment Ramping Up From Q3, Expect Strong Revenue Growth

Jul 06

Micron: Key Beneficiary Of AI But Too Richly Valued

Jun 30

Micron Technology, Inc. (NASDAQ:MU) Analysts Are Pretty Bullish On The Stock After Recent Results

Jun 30
Micron Technology, Inc. (NASDAQ:MU) Analysts Are Pretty Bullish On The Stock After Recent Results

Micron Q3 Earnings Preview: Stronger Than Expected Memory Recovery, Micron Remains A Buy

Jun 24

Micron Technology Is Positioned For AI Factory Growth

Jun 17

Micron Is Not A Bargain Despite The AI-Driven HBM Sensation

Jun 06

Is Micron Technology (NASDAQ:MU) Using Too Much Debt?

May 30
Is Micron Technology (NASDAQ:MU) Using Too Much Debt?

Micron: Quiet AI Powerhouse

May 20

Micron: Stock Is Not Overvalued

May 13

I'm Upgrading Micron To A Buy As It Wins The HBM Yield Race With SK Hynix

Apr 25

Micron: Sell Cyclical Stock Near Cyclical High

Apr 14

Micron: Gnashing Of Teeth As The Best Upcycle Develops (Rating Downgrade)

Apr 05

Micron Technology, Inc.'s (NASDAQ:MU) Share Price Not Quite Adding Up

Apr 01
Micron Technology, Inc.'s (NASDAQ:MU) Share Price Not Quite Adding Up

Micron: Reasonable Valuation On Massive Tailwind

Mar 28

Micron: HBM Is Sold Out In FY24/FY25 Thanks To AI Demand, Rating Maintained

Mar 21

Micron Stock: After Nearly Doubling, It's Time To Take Profits (Technical Analysis)

Mar 13

Micron: Please Don't Pay This Much For A Commodity Stock

Mar 07

Micron Is One Of My Top Stocks To Buy For The AI Boom, PC Upgrade Cycle And Robotics

Feb 27

Micron: Immense Bullish Support Embedded Here - Minimal Margin Of Safety

Jan 31

Financial Position Analysis

Short Term Liabilities: MU's short term assets ($24.4B) exceed its short term liabilities ($9.2B).

Long Term Liabilities: MU's short term assets ($24.4B) exceed its long term liabilities ($15.0B).


Debt to Equity History and Analysis

Debt Level: MU's net debt to equity ratio (7.2%) is considered satisfactory.

Reducing Debt: MU's debt to equity ratio has increased from 14.3% to 25.1% over the past 5 years.

Debt Coverage: MU's debt is well covered by operating cash flow (75%).

Interest Coverage: MU's interest payments on its debt are well covered by EBIT (37.8x coverage).


Balance Sheet


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