Micron Technology Inc financial data

Symbol
MU on Nasdaq
Industry
Semiconductors & Related Devices
Location
8000 S Federal Way, Po Box 6, Boise, Idaho
State of incorporation
Delaware
Fiscal year end
August 29
Latest financial report
Q1 2024 - Mar 21, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 396 % +16.7%
Quick Ratio 151 % +38.1%
Debt-to-equity 47.2 % +31.5%
Return On Assets -5.81 % -340%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.11B shares +1.19%
Common Stock, Shares, Outstanding 1.11B shares +1.19%
Entity Public Float 47.9B USD -42.9%
Common Stock, Value, Issued 125M USD +1.63%
Weighted Average Number of Shares Outstanding, Basic 1.1B shares +1.19%
Weighted Average Number of Shares Outstanding, Diluted 1.11B shares +2.11%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 18.3B USD -20.6%
Research and Development Expense 3.15B USD -2.92%
Operating Income (Loss) -4.17B USD -307%
Income Tax Expense (Benefit) -434M USD -191%
Net Income (Loss) Attributable to Parent -3.77B USD -334%
Earnings Per Share, Basic -3.44 USD/shares -341%
Earnings Per Share, Diluted -3.45 USD/shares -345%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 8.02B USD -18.2%
Accounts Receivable, after Allowance for Credit Loss, Current 3.65B USD +92.9%
Inventory, Net 8.44B USD +3.86%
Other Assets, Current 1.69B USD +151%
Assets, Current 23.4B USD +7.02%
Deferred Income Tax Assets, Net 664M USD -4.74%
Operating Lease, Right-of-Use Asset 642M USD -4.61%
Intangible Assets, Net (Excluding Goodwill) 414M USD +0.98%
Goodwill 1.15B USD -6.35%
Other Assets, Noncurrent 1.2B USD -8.96%
Assets 65.7B USD -1.21%
Employee-related Liabilities, Current 637M USD +99.1%
Contract with Customer, Liability, Current 600M USD
Liabilities, Current 6.26B USD +19.1%
Long-term Debt and Lease Obligation 13.4B USD +11.1%
Deferred Income Tax Liabilities, Net 117M USD +800%
Operating Lease, Liability, Noncurrent 593M USD -2.79%
Other Liabilities, Noncurrent 956M USD +14.9%
Liabilities 21.8B USD +13.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax -264M USD +29.2%
Retained Earnings (Accumulated Deficit) 40B USD -9.97%
Stockholders' Equity Attributable to Parent 43.9B USD -7.17%
Liabilities and Equity 65.7B USD -1.21%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.4B USD +48.6%
Net Cash Provided by (Used in) Financing Activities -352M USD -113%
Net Cash Provided by (Used in) Investing Activities -1.56B USD +31.2%
Common Stock, Shares Authorized 3B shares 0%
Common Stock, Shares, Issued 1.25B shares +1.05%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -510M USD -139%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 8.1B USD -18.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 323M USD +110%
Deferred Tax Assets, Valuation Allowance 528M USD +12.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 1.41B USD +4.36%
Operating Lease, Liability 658M USD -1.94%
Depreciation 7.67B USD +9.1%
Payments to Acquire Property, Plant, and Equipment 1.8B USD -26.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -3.66B USD -366%
Operating Lease, Liability, Current 65M USD +8.33%
Lessee, Operating Lease, Liability, to be Paid, Year Two 80M USD +9.59%
Lessee, Operating Lease, Liability, to be Paid, Year One 83M USD +13.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Deferred Income Tax Expense (Benefit) -7M USD -102%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 139M USD -10.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 77M USD +6.94%
Deferred Federal Income Tax Expense (Benefit) 84M USD -49.4%
Current Income Tax Expense (Benefit) 184M USD -69%
Unrecognized Tax Benefits 744M USD +1.78%
Lessee, Operating Lease, Liability, to be Paid, Year Four 74M USD +2.78%
Operating Lease, Payments 33M USD 0%
Current State and Local Tax Expense (Benefit) 1M USD 0%
Current Federal Tax Expense (Benefit) 5M USD -92.3%
Amortization of Intangible Assets 20M USD -13%
Depreciation, Depletion and Amortization 1.92B USD -0.31%
Deferred Tax Assets, Net of Valuation Allowance 885M USD +0.23%
Share-based Payment Arrangement, Expense 689M USD +31.5%
Deferred State and Local Income Tax Expense (Benefit) 0 USD -100%
Interest Expense 524M USD +129%