Balance Sheet: Assets
Quarterly Data
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Micron Technology Inc. pages available for free this week:
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Reportable Segments
- Common Stock Valuation Ratios
- Capital Asset Pricing Model (CAPM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Return on Equity (ROE) since 2005
- Return on Assets (ROA) since 2005
- Debt to Equity since 2005
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Micron Technology Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Micron Technology Inc., consolidated balance sheet: assets (quarterly data)
US$ in millions
Based on: 10-Q (reporting date: 2026-02-26), 10-Q (reporting date: 2025-11-27), 10-K (reporting date: 2025-08-28), 10-Q (reporting date: 2025-05-29), 10-Q (reporting date: 2025-02-27), 10-Q (reporting date: 2024-11-28), 10-K (reporting date: 2024-08-29), 10-Q (reporting date: 2024-05-30), 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).
Overall, the company’s total assets exhibited a general upward trend over the analyzed period, though with notable fluctuations. Initial stability from November 2019 to February 2020 was followed by significant growth through September 2021. A period of consolidation and then renewed growth occurred through May 2024, culminating in a substantial increase by November 2025, largely driven by a significant surge in receivables and other noncurrent assets. A detailed examination of individual asset categories reveals varying patterns.
- Liquidity – Current Assets
- Current assets demonstrated an initial decline from November 2019 to February 2020, followed by a period of expansion, peaking in September 2021. Fluctuations continued through early 2023, before stabilizing and then increasing again from May 2024. The largest component of current assets, cash and cash equivalents, remained relatively stable between approximately US$6.5 billion and US$9.8 billion for much of the period, with a notable decrease observed in the latter quarters. Receivables experienced a substantial increase beginning in June 2021, accelerating significantly in the latter half of 2023 and continuing into 2024, representing a significant shift in the composition of current assets. Inventories showed a consistent upward trend from November 2019 to September 2022, before stabilizing and showing modest fluctuations. Other current assets exhibited more volatility, with a significant increase in the period leading up to February 2024.
- Long-Term Investments
- Long-term marketable investments remained relatively stable between approximately US$580 million and US$1,800 million throughout the analyzed period, with no pronounced trends. Minor fluctuations were observed, but the overall contribution to total assets remained consistent.
- Fixed Assets
- Property, plant, and equipment consistently represented a substantial portion of total assets, exhibiting a steady upward trend throughout the period. Growth was relatively consistent, indicating ongoing investment in fixed assets. Operating lease right-of-use assets remained relatively stable, with a slight upward trend. Intangible assets and deferred tax assets also showed modest, consistent growth, contributing to the overall increase in noncurrent assets.
- Other Noncurrent Assets & Goodwill
- Other noncurrent assets experienced significant growth, particularly in the period leading up to November 2025, contributing substantially to the overall asset increase. Goodwill remained largely constant throughout the period, with a slight decrease observed in the latter quarters. This suggests that acquisitions were not a primary driver of asset growth during the analyzed timeframe.
The substantial increase in receivables and other noncurrent assets in the latter part of the period warrants further investigation to understand the underlying drivers and potential implications for the company’s financial health. The relative stability of cash and cash equivalents, coupled with the growth in other asset categories, suggests a shift in asset allocation strategy.