Micron Technology Inc financial data

Symbol
MU on Nasdaq
Industry
Semiconductors & Related Devices
Location
8000 S Federal Way, Po Box 6, Boise, ID
State of incorporation
Delaware
Fiscal year end
August 29
Latest financial report
10-Q - Q2 2024 - Jun 27, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 374 % +3.34%
Quick Ratio 141 % +9.79%
Debt-to-equity 48.5 % +24.9%
Return On Assets -2.37 % +45.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1.11B shares +1.24%
Common Stock, Shares, Outstanding 1.11B shares +1.28%
Entity Public Float 47.9B USD -42.9%
Common Stock, Value, Issued 125M USD +0.81%
Weighted Average Number of Shares Outstanding, Basic 1.11B shares +1.19%
Weighted Average Number of Shares Outstanding, Diluted 1.12B shares +2.65%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 21.4B USD +17.6%
Research and Development Expense 3.25B USD +0.37%
Operating Income (Loss) -1.69B USD +38.6%
Income Tax Expense (Benefit) -196M USD -176%
Net Income (Loss) Attributable to Parent -1.54B USD +47.1%
Earnings Per Share, Basic -1.41 USD/shares +47%
Earnings Per Share, Diluted -1.42 USD/shares +46.6%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 7.59B USD -18.3%
Accounts Receivable, after Allowance for Credit Loss, Current 4.42B USD +116%
Inventory, Net 8.51B USD +3.33%
Other Assets, Current 1.3B USD +81.4%
Assets, Current 23.3B USD +7.29%
Deferred Income Tax Assets, Net 597M USD -15.7%
Operating Lease, Right-of-Use Asset 660M USD +0.76%
Intangible Assets, Net (Excluding Goodwill) 413M USD +0.73%
Goodwill 1.15B USD -8.15%
Other Assets, Noncurrent 1.42B USD +15.9%
Assets 66.3B USD +0.88%
Employee-related Liabilities, Current 909M USD +121%
Contract with Customer, Liability, Current 615M USD
Liabilities, Current 6.84B USD +34%
Long-term Debt and Lease Obligation 12.9B USD -0.97%
Deferred Income Tax Liabilities, Net 117M USD +800%
Operating Lease, Liability, Noncurrent 609M USD +1%
Other Liabilities, Noncurrent 1.05B USD +10.4%
Liabilities 22B USD +8.66%
Accumulated Other Comprehensive Income (Loss), Net of Tax -311M USD +8.53%
Retained Earnings (Accumulated Deficit) 40.2B USD -5.24%
Stockholders' Equity Attributable to Parent 44.2B USD -2.6%
Liabilities and Equity 66.3B USD +0.88%

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 +1.13%
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 7.66B USD -18.2%
Deferred Tax Assets, Valuation Allowance 528M USD +12.1%
Deferred Tax Assets, Gross 1.41B USD +4.36%
Operating Lease, Liability 677M USD +1.81%
Payments to Acquire Property, Plant, and Equipment 1.8B USD -26.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -1.51B USD +47.7%
Operating Lease, Liability, Current 68M USD +9.68%
Lessee, Operating Lease, Liability, to be Paid, Year Two 88M USD +20.5%
Lessee, Operating Lease, Liability, to be Paid, Year One 86M USD +17.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 140M USD -7.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 86M USD +19.4%
Unrecognized Tax Benefits 744M USD +1.78%
Lessee, Operating Lease, Liability, to be Paid, Year Four 80M USD +11.1%
Operating Lease, Payments 33M USD 0%
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 758M USD +41.2%
Interest Expense 555M USD +82.6%