Stock Analysis on Net
Stock Analysis on Net

Micron Technology Inc. (NASDAQ:MU)

Common-Size Balance Sheet: Assets

Micron Technology Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Aug 31, 2023 Sep 1, 2022 Sep 2, 2021 Sep 3, 2020 Aug 29, 2019 Aug 30, 2018
Cash and equivalents 13.35 12.46 13.19 14.20 14.63 15.00
Short-term investments 1.58 1.61 1.48 0.97 1.64 0.68
Trade receivables 3.19 7.19 8.36 6.51 5.68 11.66
Income and other taxes 0.30 0.38 0.45 0.43 0.50 0.37
Other 0.31 0.17 0.22 0.35 0.36 0.60
Receivables 3.80% 7.74% 9.02% 7.29% 6.54% 12.63%
Inventories 13.05 10.05 7.62 10.45 10.47 8.29
Assets held for sale 0.00 0.02 1.66 0.00 0.00 0.00
Other current assets 1.28 0.97 0.85 0.57 0.48 0.38
Current assets 33.06% 32.86% 33.83% 33.47% 33.76% 36.98%
Long-term marketable investments 1.31 2.48 3.00 1.95 2.38 1.09
Property, plant, and equipment 59.03 58.16 56.44 57.81 57.77 54.57
Operating lease right-of-use assets 1.04 1.02 0.94 1.09 0.00 0.00
Intangible assets 0.63 0.64 0.59 0.62 0.70 0.76
Deferred tax assets 1.18 1.06 1.33 1.32 1.71 2.36
Goodwill 1.79 1.85 2.09 2.29 2.51 2.83
Other noncurrent assets 1.96 1.93 1.79 1.45 1.18 1.41
Noncurrent assets 66.94% 67.14% 66.17% 66.53% 66.24% 63.02%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-08-31), 10-K (reporting date: 2022-09-01), 10-K (reporting date: 2021-09-02), 10-K (reporting date: 2020-09-03), 10-K (reporting date: 2019-08-29), 10-K (reporting date: 2018-08-30).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Micron Technology Inc. current assets as a percentage of total assets decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.
Property, plant, and equipment Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Micron Technology Inc. property, plant, and equipment as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Micron Technology Inc. noncurrent assets as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.