Stock Analysis on Net

Micron Technology Inc. (NASDAQ:MU)

Common-Size Balance Sheet: Assets
Quarterly Data

Micron Technology Inc., common-size consolidated balance sheet: assets (quarterly data)

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Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 Jun 1, 2023 Mar 2, 2023 Dec 1, 2022 Sep 1, 2022 Jun 2, 2022 Mar 3, 2022 Dec 2, 2021 Sep 2, 2021 Jun 3, 2021 Mar 4, 2021 Dec 3, 2020 Sep 3, 2020 May 28, 2020 Feb 27, 2020 Nov 28, 2019 Aug 29, 2019 May 30, 2019 Feb 28, 2019 Nov 29, 2018 Aug 30, 2018 May 31, 2018 Mar 1, 2018 Nov 30, 2017
Cash and equivalents 12.20 12.66 13.35 14.16 14.73 14.11 12.46 14.02 14.31 14.17 13.19 13.87 12.02 11.15 14.20 15.90 14.34 14.04 14.63 11.14 13.38 9.97 15.00 16.27 18.97 16.15
Short-term investments 1.51 1.53 1.58 1.60 1.53 1.48 1.61 1.64 1.58 1.47 1.48 1.05 1.25 1.95 0.97 0.75 0.73 1.25 1.64 3.31 2.48 2.50 0.68 0.63 0.52 0.45
Receivables 6.54 4.61 3.80 3.70 3.42 4.89 7.74 9.54 8.45 8.57 9.02 7.56 6.19 6.87 7.29 6.93 6.14 6.89 6.54 7.04 9.30 12.15 12.63 11.74 10.75 10.42
Inventories 12.85 12.98 13.05 12.54 12.22 12.32 10.05 8.62 8.45 7.88 7.62 8.11 8.76 10.28 10.45 10.39 10.49 9.96 10.47 10.60 9.24 8.69 8.29 8.05 7.72 8.50
Other current assets 2.57 1.24 1.28 1.09 1.01 0.98 0.99 0.95 0.96 0.87 2.51 2.58 3.69 0.53 0.57 0.45 0.48 0.44 0.48 0.46 0.44 0.41 0.38 0.35 0.42 0.40
Current assets 35.66% 33.02% 33.06% 33.09% 32.92% 33.77% 32.86% 34.78% 33.76% 32.97% 33.83% 33.18% 31.92% 30.79% 33.47% 34.42% 32.18% 32.56% 33.76% 32.55% 34.85% 33.72% 36.98% 37.04% 38.38% 35.92%
Long-term marketable investments 0.95 1.13 1.31 1.48 1.82 2.10 2.48 2.52 2.70 2.97 3.00 2.50 2.43 2.35 1.95 1.11 1.18 1.21 2.38 2.52 3.40 3.51 1.09 1.16 1.26 0.84
Property, plant, and equipment 57.19 59.08 59.03 58.96 58.76 57.95 58.16 56.15 56.79 57.40 56.44 57.57 58.83 60.03 57.81 57.84 59.71 59.12 57.77 58.63 55.18 55.63 54.57 54.26 52.99 55.72
Operating lease right-of-use assets 0.98 1.02 1.04 1.00 1.01 1.02 1.02 1.06 0.92 0.94 0.94 1.00 1.06 1.07 1.09 1.15 1.22 1.22 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Intangible assets 0.63 0.65 0.63 0.62 0.62 0.63 0.64 0.64 0.65 0.57 0.59 0.63 0.63 0.63 0.62 0.64 0.67 0.67 0.70 0.73 0.74 0.80 0.76 0.80 0.84 0.99
Deferred tax assets 1.01 1.22 1.18 1.08 1.05 0.99 1.06 1.04 1.20 1.22 1.33 1.47 1.34 1.35 1.32 1.49 1.54 1.58 1.71 1.77 1.60 1.89 2.36 2.36 2.49 1.97
Goodwill 1.75 1.80 1.79 1.91 1.85 1.81 1.85 1.88 1.93 2.01 2.09 2.20 2.27 2.29 2.29 2.36 2.47 2.47 2.51 2.65 2.59 2.75 2.83 2.93 2.98 3.30
Other noncurrent assets 1.82 2.08 1.96 1.86 1.98 1.73 1.93 1.93 2.06 1.94 1.79 1.46 1.52 1.49 1.45 0.99 1.03 1.17 1.18 1.15 1.64 1.70 1.41 1.44 1.07 1.26
Noncurrent assets 64.34% 66.98% 66.94% 66.91% 67.08% 66.23% 67.14% 65.22% 66.24% 67.03% 66.17% 66.82% 68.08% 69.21% 66.53% 65.58% 67.82% 67.44% 66.24% 67.45% 65.15% 66.28% 63.02% 62.96% 61.62% 64.08%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2024-02-29), 10-Q (reporting date: 2023-11-30), 10-K (reporting date: 2023-08-31), 10-Q (reporting date: 2023-06-01), 10-Q (reporting date: 2023-03-02), 10-Q (reporting date: 2022-12-01), 10-K (reporting date: 2022-09-01), 10-Q (reporting date: 2022-06-02), 10-Q (reporting date: 2022-03-03), 10-Q (reporting date: 2021-12-02), 10-K (reporting date: 2021-09-02), 10-Q (reporting date: 2021-06-03), 10-Q (reporting date: 2021-03-04), 10-Q (reporting date: 2020-12-03), 10-K (reporting date: 2020-09-03), 10-Q (reporting date: 2020-05-28), 10-Q (reporting date: 2020-02-27), 10-Q (reporting date: 2019-11-28), 10-K (reporting date: 2019-08-29), 10-Q (reporting date: 2019-05-30), 10-Q (reporting date: 2019-02-28), 10-Q (reporting date: 2018-11-29), 10-K (reporting date: 2018-08-30), 10-Q (reporting date: 2018-05-31), 10-Q (reporting date: 2018-03-01), 10-Q (reporting date: 2017-11-30).

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 Q4 2023 to Q1 2024 but then increased from Q1 2024 to Q2 2024 exceeding Q4 2023 level.
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 Q4 2023 to Q1 2024 but then decreased significantly from Q1 2024 to Q2 2024.
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 Q4 2023 to Q1 2024 but then decreased significantly from Q1 2024 to Q2 2024.