Micron Balance Sheet - Quarterly (NASDAQ:MU)

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$59.25 $0.8 (1.37%) MU stock closing price Jun 19, 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 Q2 shows total assets of $41.26B. 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 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash7.83B6.01B5.11B4.05B3.63B4.14B4.14B4.63B3.08B2.61B
Marketable Securities214M166M319M282M265M30M258M354M957M1.04B
Receivables4.44B3.88B3.76B3.5B2.89B2.45B2.07B2.07B1.98B2.22B
Inventory3.18B3.16B3.12B3.06B3B2.75B2.89B2.92B2.61B2.44B
Raw Materials334M329M299M306M305M241M229M250M237M234M
Work In Progress1.97B1.96B1.97B1.9B1.83B1.72B1.76B1.81B1.58B1.42B
Finished Goods876M874M856M857M862M787M899M857M793M779M
Notes Receivable----------
Other Current Assets173M148M147M132M156M132M140M136M178M211M
Total Current Assets
15.84B13.36B12.46B11.02B9.95B9.5B9.5B10.11B8.81B8.51B
Property Plant & Equipment45.52B43.6B41.53B40.27B39.49B34.89B33.61B31.61B29.74B28.38B
Accumulated Depreciation23.66B22.88B22.1B21.26B20.39B19.56B18.92B18.41B17.92B17.32B
Net Property Plant & Equipment
21.86B20.72B19.43B19.01B19.1B15.32B14.69B13.21B11.82B11.06B
Investment & Advances520M314M633M486M627M1.56B1.78B2.03B2.47B3.12B
Other Non-Current Assets----------
Deferred Charges1.03B731M766M667M679M599M657M631M668M595M
Intangibles1.58B1.6B1.62B1.63B1.62B445M464M491M512M536M
Deposits & Other Assets441M469M434M444M391M411M460M528M547M565M
Total Assets
41.26B37.19B35.34B33.27B32.36B27.84B27.54B27B24.82B24.39B
Notes Payable----------
Accounts Payable4.19B3.77B3.66B3.66B3.8B4.16B3.88B3.6B3.09B2.78B
Current Portion Long-Term Debt1.51B1.4B1.26B1.16B1.12B1.16B756M712M1.13B1.05B
Current Portion Capital Leases----------
Accrued Expenses----------
Income Taxes Payable----------
Other Current Liabilities427M416M408M326M289M236M200M189M199M190M
Total Current Liabilities
6.14B5.58B5.33B5.14B5.21B5.55B4.84B4.5B4.41B4.03B
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt14M18M21M25M28M31M--39M42M
Long-Term Debt7.8B7.64B9.87B10.49B11.31B8.49B9.15B8.92B6.49B6.33B
Non-Current Capital Leases----------
Other Long-Term Liabilities746M553M639M595M677M601M623M548M636M720M
Total Liabilities
14.7B13.8B15.87B16.25B17.22B14.67B14.61B13.97B11.58B11.11B
Minority Interest----------
Preferred Stock----------
Common Stock Net116M116M112M111M111M110M109M109M109M109M
Capital Surplus9.6B9.45B8.29B8.22B8B7.78B7.74B7.68B7.58B7.5B
Retained Earnings16.25B12.94B10.26B7.89B6.25B5.47B5.3B5.47B5.69B5.79B
Treasury Stock313M-67M67M67M1.03B1.03B1.03B1.03B1.01B
Other Liabilities912M891M878M860M841M841M813M809M891M884M
Shareholders Equity26.57B23.39B19.47B17.02B15.14B13.17B12.93B13.03B13.24B13.28B
Total Liabilities & Shareholders Equity41.26B37.19B35.34B33.27B32.36B27.84B27.54B27B24.82B24.39B
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 $41.26B.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. MU stock had total liabilities of $14.7B for the quarter 2018 Q2.

Micron Balance Sheet - Key Ratios

Current ratio
2.58
Debt to equity ratio
0.35
Asset turnover ratio
0.75
Receivables turnover
7
Price to book ratio
3.37

Quarterly Balance Sheets For Micron Technology, Inc. Peers

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