Current Enterprise Value (EV)
Current share price (P) | $114.84 |
No. shares of common stock outstanding | 1,107,368,110 |
US$ in millions | |
Common equity (market value)1 | 127,170) |
Add: Noncontrolling interest in subsidiary (per books) | —) |
Total equity | 127,170) |
Add: Current debt (per books) | 278) |
Add: Long-term debt (per books) | 13,052) |
Total equity and debt | 140,500) |
Less: Cash and equivalents | 8,577) |
Less: Short-term investments | 1,017) |
Enterprise value (EV) | 130,906) |
Based on: 10-K (reporting date: 2023-08-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 114.84 × 1,107,368,110
Historical Enterprise Value (EV)
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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Micron Technology Inc. Annual Report.
3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 69.96 × 1,098,034,471
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Micron Technology Inc. EV decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level. |