Current Ratio
since 2005
Beginner level
Calculation
Micron Technology Inc., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Aug 29, 2019 | 2.58 | = | 16,503 | ÷ | 6,390 |
| Aug 30, 2018 | 2.79 | = | 16,039 | ÷ | 5,754 |
| Aug 31, 2017 | 2.34 | = | 12,457 | ÷ | 5,334 |
| Sep 1, 2016 | 1.96 | = | 9,495 | ÷ | 4,835 |
| Sep 3, 2015 | 2.20 | = | 8,596 | ÷ | 3,905 |
| Aug 28, 2014 | 2.13 | = | 10,245 | ÷ | 4,811 |
| Aug 29, 2013 | 2.16 | = | 8,911 | ÷ | 4,125 |
| Aug 30, 2012 | 2.57 | = | 5,758 | ÷ | 2,243 |
| Sep 1, 2011 | 2.35 | = | 5,832 | ÷ | 2,480 |
| Sep 2, 2010 | 2.34 | = | 6,333 | ÷ | 2,702 |
| Sep 3, 2009 | 1.77 | = | 3,344 | ÷ | 1,892 |
| Aug 28, 2008 | 2.36 | = | 3,779 | ÷ | 1,598 |
| Aug 30, 2007 | 2.58 | = | 5,234 | ÷ | 2,026 |
| Aug 31, 2006 | 3.07 | = | 5,101 | ÷ | 1,661 |
| Sep 1, 2005 | 2.99 | = | 2,926 | ÷ | 979 |
Based on: 10-K (filing date: 2019-10-17), 10-K (filing date: 2018-10-15), 10-K (filing date: 2017-10-26), 10-K (filing date: 2016-10-28), 10-K (filing date: 2015-10-27), 10-K (filing date: 2014-10-27), 10-K (filing date: 2013-10-28), 10-K (filing date: 2012-10-29), 10-K (filing date: 2011-10-25), 10-K (filing date: 2010-10-26), 10-K (filing date: 2009-10-28), 10-K (filing date: 2008-10-27), 10-K (filing date: 2007-10-26), 10-K (filing date: 2006-11-08), 10-K (filing date: 2005-11-04).
1 US$ in millions
Comparison to Competitors
Micron Technology Inc., current ratio, long-term trends, comparison to competitors
| Micron Technology Inc. | Advanced Micro Devices Inc. | Apple Inc. | Applied Materials Inc. | Broadcom Inc. | Cisco Systems Inc. | Intel Corp. | Lam Research Corp. | NVIDIA Corp. | Qualcomm Inc. | Texas Instruments Inc. | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Aug 29, 2019 | 2.58 | 1.95 | 1.54 | 2.30 | 1.44 | 1.51 | 1.40 | 3.61 | 7.94 | 1.88 | 4.13 |
| Aug 30, 2018 | 2.79 | 1.78 | 1.12 | 2.64 | 3.90 | 2.29 | 1.73 | 2.90 | 8.03 | 1.55 | 3.27 |
| Aug 31, 2017 | 2.34 | 1.76 | 1.28 | 3.14 | 6.26 | 3.03 | 1.69 | 3.10 | 4.77 | 4.00 | 3.87 |
| Sep 1, 2016 | 1.96 | 1.88 | 1.35 | 2.30 | 2.31 | 3.16 | 1.75 | 3.81 | 2.57 | 3.14 | 3.29 |
| Sep 3, 2015 | 2.20 | 1.65 | 1.11 | 2.44 | 3.37 | 3.23 | 2.58 | 2.38 | 6.38 | 3.62 | 2.77 |
| Aug 28, 2014 | 2.13 | 1.90 | 1.08 | 2.47 | 3.77 | 3.39 | 1.73 | 3.02 | 5.95 | 3.73 | 2.92 |
| Aug 29, 2013 | 2.16 | 1.78 | 1.68 | 2.31 | 4.30 | 2.95 | 2.36 | 2.70 | 4.89 | 3.75 | 2.92 |
| Aug 30, 2012 | 2.57 | 1.62 | 1.50 | 2.25 | 4.89 | 3.49 | 2.43 | 3.09 | 4.20 | 2.95 | 2.40 |
| Sep 1, 2011 | 2.35 | 1.82 | 1.61 | 3.71 | 3.98 | 3.27 | 2.15 | 4.79 | 3.42 | 2.70 | 2.24 |
| Sep 2, 2010 | 2.34 | 2.15 | 2.01 | 2.34 | 1.92 | 2.67 | 3.39 | 3.14 | 3.16 | 2.22 | 3.56 |
| Sep 3, 2009 | 1.77 | 1.93 | 1.88 | 2.93 | 1.36 | 3.24 | 2.79 | 3.51 | 2.78 | 4.47 | 3.85 |
| Aug 28, 2008 | 2.36 | 1.07 | 2.46 | 2.26 | — | 2.58 | 2.54 | 3.01 | 2.99 | 5.12 | 3.78 |
| Aug 30, 2007 | 2.58 | 1.45 | 2.36 | 2.78 | — | 2.36 | 2.79 | 2.11 | 3.18 | 3.91 | 3.42 |
| Aug 31, 2006 | 3.07 | 1.39 | 2.24 | 2.50 | — | 2.27 | 2.15 | 3.01 | 3.53 | 4.96 | 3.78 |
| Sep 1, 2005 | 2.99 | 1.95 | 2.96 | 5.35 | — | 1.37 | 2.30 | 3.28 | 3.10 | 7.28 | 3.92 |
Based on: 10-K (filing date: 2019-10-17), 10-K (filing date: 2018-10-15), 10-K (filing date: 2017-10-26), 10-K (filing date: 2016-10-28), 10-K (filing date: 2015-10-27), 10-K (filing date: 2014-10-27), 10-K (filing date: 2013-10-28), 10-K (filing date: 2012-10-29), 10-K (filing date: 2011-10-25), 10-K (filing date: 2010-10-26), 10-K (filing date: 2009-10-28), 10-K (filing date: 2008-10-27), 10-K (filing date: 2007-10-26), 10-K (filing date: 2006-11-08), 10-K (filing date: 2005-11-04).
Comparison to Sector (Technology Hardware & Equipment)
Micron Technology Inc., current ratio, long-term trends, comparison to sector (technology hardware & equipment)
| Micron Technology Inc. | Technology Hardware & Equipment | |
|---|---|---|
| Aug 29, 2019 | 2.58 | 1.68 |
| Aug 30, 2018 | 2.79 | 1.58 |
| Aug 31, 2017 | 2.34 | 2.01 |
| Sep 1, 2016 | 1.96 | 1.94 |
| Sep 3, 2015 | 2.20 | 1.91 |
| Aug 28, 2014 | 2.13 | 1.89 |
| Aug 29, 2013 | 2.16 | 2.30 |
| Aug 30, 2012 | 2.57 | 2.29 |
| Sep 1, 2011 | 2.35 | 2.36 |
| Sep 2, 2010 | 2.34 | 2.52 |
| Sep 3, 2009 | 1.77 | 2.61 |
| Aug 28, 2008 | 2.36 | 2.61 |
| Aug 30, 2007 | 2.58 | 2.56 |
| Aug 31, 2006 | 3.07 | 2.43 |
| Sep 1, 2005 | 2.99 | 2.58 |
Based on: 10-K (filing date: 2019-10-17), 10-K (filing date: 2018-10-15), 10-K (filing date: 2017-10-26), 10-K (filing date: 2016-10-28), 10-K (filing date: 2015-10-27), 10-K (filing date: 2014-10-27), 10-K (filing date: 2013-10-28), 10-K (filing date: 2012-10-29), 10-K (filing date: 2011-10-25), 10-K (filing date: 2010-10-26), 10-K (filing date: 2009-10-28), 10-K (filing date: 2008-10-27), 10-K (filing date: 2007-10-26), 10-K (filing date: 2006-11-08), 10-K (filing date: 2005-11-04).
Comparison to Industry (Technology)
Micron Technology Inc., current ratio, long-term trends, comparison to industry (technology)
| Micron Technology Inc. | Technology | |
|---|---|---|
| Aug 29, 2019 | 2.58 | 2.04 |
| Aug 30, 2018 | 2.79 | 2.18 |
| Aug 31, 2017 | 2.34 | 2.39 |
| Sep 1, 2016 | 1.96 | 2.35 |
| Sep 3, 2015 | 2.20 | 2.30 |
| Aug 28, 2014 | 2.13 | 2.21 |
| Aug 29, 2013 | 2.16 | 2.44 |
| Aug 30, 2012 | 2.57 | 2.27 |
| Sep 1, 2011 | 2.35 | 2.32 |
| Sep 2, 2010 | 2.34 | 2.15 |
| Sep 3, 2009 | 1.77 | 2.22 |
| Aug 28, 2008 | 2.36 | 1.93 |
| Aug 30, 2007 | 2.58 | 1.92 |
| Aug 31, 2006 | 3.07 | 1.95 |
| Sep 1, 2005 | 2.99 | 2.09 |
Based on: 10-K (filing date: 2019-10-17), 10-K (filing date: 2018-10-15), 10-K (filing date: 2017-10-26), 10-K (filing date: 2016-10-28), 10-K (filing date: 2015-10-27), 10-K (filing date: 2014-10-27), 10-K (filing date: 2013-10-28), 10-K (filing date: 2012-10-29), 10-K (filing date: 2011-10-25), 10-K (filing date: 2010-10-26), 10-K (filing date: 2009-10-28), 10-K (filing date: 2008-10-27), 10-K (filing date: 2007-10-26), 10-K (filing date: 2006-11-08), 10-K (filing date: 2005-11-04).