Micron Balance Sheet - Quarterly (NASDAQ:MU)

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$44.74 $1.32 (2.87%) MU stock closing price Sep 21, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Micron stock analysis. As in our Micron stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. A company releases its balance sheet every quarter along with its quarterly results. The Micron balance sheet for 2018 Q3 shows total assets of $41.85B. The company has a asset turnover ratio of 0.75. Also see: Micron revenue and Micron operating cash flow for the same quarter.

View and download Micron quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Sep - Aug2018 Q32018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q2
Cash7.07B7.83B6.01B5.11B4.05B3.63B4.14B4.14B4.63B3.08B
Marketable Securities263M214M166M319M282M265M30M258M354M957M
Receivables4.91B4.44B3.88B3.76B3.5B2.89B2.45B2.07B2.07B1.98B
Inventory3.37B3.18B3.16B3.12B3.06B3B2.75B2.89B2.92B2.61B
Raw Materials373M334M329M299M306M305M241M229M250M237M
Work In Progress2.17B1.97B1.96B1.97B1.9B1.83B1.72B1.76B1.81B1.58B
Finished Goods828M876M874M856M857M862M787M899M857M793M
Notes Receivable----------
Other Current Assets147M173M148M147M132M156M132M140M136M178M
Total Current Assets
15.5B15.84B13.36B12.46B11.02B9.95B9.5B9.5B10.11B8.81B
Property Plant & Equipment47.26B45.52B43.6B41.53B40.27B39.49B34.89B33.61B31.61B29.74B
Accumulated Depreciation24.56B23.66B22.88B22.1B21.26B20.39B19.56B18.92B18.41B17.92B
Net Property Plant & Equipment
22.71B21.86B20.72B19.43B19.01B19.1B15.32B14.69B13.21B11.82B
Investment & Advances487M520M314M633M486M627M1.56B1.78B2.03B2.47B
Other Non-Current Assets----------
Deferred Charges989M1.03B731M766M667M679M599M657M631M668M
Intangibles1.56B1.58B1.6B1.62B1.63B1.62B445M464M491M512M
Deposits & Other Assets119M441M469M434M444M391M411M460M528M547M
Total Assets
41.85B41.26B37.19B35.34B33.27B32.36B27.84B27.54B27B24.82B
Notes Payable----------
Accounts Payable4B4.19B3.77B3.66B3.66B3.8B4.16B3.88B3.6B3.09B
Current Portion Long-Term Debt1.45B1.51B1.4B1.26B1.16B1.12B1.16B756M712M1.13B
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities431M427M416M408M326M289M236M200M189M199M
Total Current Liabilities
5.88B6.14B5.58B5.33B5.14B5.21B5.55B4.84B4.5B4.41B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt5M14M18M21M25M28M31M--39M
Long-Term Debt5.89B7.8B7.64B9.87B10.49B11.31B8.49B9.15B8.92B6.49B
Non-Current Capital Leases----------
Other Long-Term Liabilities549M746M553M639M595M677M601M623M548M636M
Total Liabilities
11.77B14.7B13.8B15.87B16.25B17.22B14.67B14.61B13.97B11.58B
Minority Interest----------
Preferred Stock----------
Common Stock Net117M116M116M112M111M111M110M109M109M109M
Capital Surplus8.87B9.6B9.45B8.29B8.22B8B7.78B7.74B7.68B7.58B
Retained Earnings20.07B16.25B12.94B10.26B7.89B6.25B5.47B5.3B5.47B5.69B
Treasury Stock429M313M-67M67M67M1.03B1.03B1.03B1.03B
Other Liabilities869M912M891M878M860M841M841M813M809M891M
Shareholders Equity29.52B26.57B23.39B19.47B17.02B15.14B13.17B12.93B13.03B13.24B
Total Liabilities & Shareholders Equity41.29B41.26B37.19B35.34B33.27B32.36B27.84B27.54B27B24.82B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Micron stock price by looking at Micron historical stock prices. One can compare PE with industry average by looking at the Micron PE ratio chart. The common balance sheet items are:

  • Assets: Anything that the Micron company owns and is a part of its books. Assets can be of three types: fixed, current and other assets which includes intangibles, advances. Internet companies typically don't have a lot of assets as there is not much investment in say machinery, equipment etc. Micron had total assets of $41.85B.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. MU stock had total liabilities of $11.77B for the quarter 2018 Q3.

Micron Balance Sheet - Key Ratios

Current ratio
2.64
Debt to equity ratio
0.25
Asset turnover ratio
0.75
Receivables turnover
6.86
Price to book ratio
2.24

Quarterly Balance Sheets For Micron Technology, Inc. Peers

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