Micron Net Receivables vs Long Term Debt Analysis

MU Stock

USD 102.76 4.39 4.46%

Micron Technology financial indicator trend analysis is infinitely more than just investigating Micron Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Micron Technology is a good investment. Please check the relationship between Micron Technology Net Receivables and its Long Term Debt accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Net Receivables vs Long Term Debt

Net Receivables vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Micron Technology Net Receivables account and Long Term Debt. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Micron Technology's Net Receivables and Long Term Debt is 0.52. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Micron Technology, assuming nothing else is changed. The correlation between historical values of Micron Technology's Net Receivables and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Micron Technology are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Receivables i.e., Micron Technology's Net Receivables and Long Term Debt go up and down completely randomly.

Correlation Coefficient

0.52

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Net Receivables

Long Term Debt

Long-term debt is a debt that Micron Technology has held for over one year. Long-term debt appears on Micron Technology balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Micron Technology balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Micron Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Micron Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.

For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.At this time, Micron Technology's Enterprise Value Over EBITDA is comparatively stable compared to the past year. Enterprise Value Multiple is likely to gain to 32.90 in 2024, whereas Selling General Administrative is likely to drop slightly above 640.5 M in 2024.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	16.9B	17.0B	19.5B	20.5B
EBITDA	16.9B	2.5B	9.6B	10.1B

Cost Of Revenue Ebitda

Micron Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Short Term Debt	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity	Short Term Investments	Property Plant And Equipment Gross
Total Assets		0.72	0.89	0.98	1.0	0.15	0.97	0.94	1.0	0.81	0.97	0.84	0.39	0.79	0.95	-0.17	-0.3	0.34	0.99	0.81	-0.33	0.94	0.07	0.62	0.62	0.82
Short Long Term Debt Total	0.72		0.72	0.59	0.7	0.77	0.56	0.6	0.71	0.64	0.64	0.59	0.35	0.99	0.81	-0.15	-0.03	0.31	0.74	0.71	-0.02	0.73	-0.15	0.54	0.45	0.75
Total Current Liabilities	0.89	0.72		0.84	0.86	0.25	0.8	0.81	0.88	0.71	0.83	0.93	0.47	0.74	0.85	-0.05	-0.05	0.46	0.92	0.83	-0.05	0.97	0.18	0.65	0.47	0.85
Total Stockholder Equity	0.98	0.59	0.84		0.99	-0.02	0.99	0.95	0.99	0.79	0.97	0.81	0.35	0.68	0.9	-0.18	-0.36	0.31	0.97	0.75	-0.4	0.9	0.11	0.57	0.62	0.76
Property Plant And Equipment Net	1.0	0.7	0.86	0.99		0.13	0.98	0.94	1.0	0.81	0.96	0.81	0.33	0.78	0.94	-0.21	-0.35	0.31	0.98	0.79	-0.39	0.93	0.07	0.58	0.61	0.82
Net Debt	0.15	0.77	0.25	-0.02	0.13		-0.04	-0.04	0.14	0.25	0.01	0.15	0.02	0.7	0.34	-0.17	0.1	0.05	0.18	0.37	0.16	0.23	-0.3	0.13	0.17	0.44
Retained Earnings	0.97	0.56	0.8	0.99	0.98	-0.04		0.92	0.97	0.77	0.94	0.76	0.25	0.66	0.89	-0.25	-0.48	0.25	0.94	0.74	-0.47	0.86	0.07	0.48	0.66	0.76
Cash	0.94	0.6	0.81	0.95	0.94	-0.04	0.92		0.94	0.69	0.99	0.74	0.52	0.67	0.84	-0.03	-0.18	0.42	0.94	0.64	-0.23	0.86	0.14	0.69	0.49	0.63
Non Current Assets Total	1.0	0.71	0.88	0.99	1.0	0.14	0.97	0.94		0.81	0.97	0.82	0.37	0.78	0.94	-0.18	-0.33	0.33	0.98	0.79	-0.36	0.93	0.07	0.61	0.64	0.81
Non Currrent Assets Other	0.81	0.64	0.71	0.79	0.81	0.25	0.77	0.69	0.81		0.72	0.69	0.24	0.72	0.86	-0.28	-0.18	-0.02	0.82	0.78	-0.48	0.81	-0.09	0.51	0.49	0.82
Cash And Short Term Investments	0.97	0.64	0.83	0.97	0.96	0.01	0.94	0.99	0.97	0.72		0.76	0.52	0.71	0.87	-0.06	-0.21	0.42	0.95	0.68	-0.24	0.87	0.11	0.7	0.58	0.66
Net Receivables	0.84	0.59	0.93	0.81	0.81	0.15	0.76	0.74	0.82	0.69	0.76		0.41	0.62	0.74	0.06	-0.04	0.41	0.87	0.86	-0.12	0.91	0.21	0.56	0.41	0.82
Common Stock Shares Outstanding	0.39	0.35	0.47	0.35	0.33	0.02	0.25	0.52	0.37	0.24	0.52	0.41		0.31	0.27	0.47	0.61	0.53	0.43	0.21	0.43	0.41	0.16	0.93	0.23	0.06
Non Current Liabilities Total	0.79	0.99	0.74	0.68	0.78	0.7	0.66	0.67	0.78	0.72	0.71	0.62	0.31		0.87	-0.22	-0.13	0.25	0.8	0.75	-0.16	0.78	-0.14	0.54	0.51	0.8
Inventory	0.95	0.81	0.85	0.9	0.94	0.34	0.89	0.84	0.94	0.86	0.87	0.74	0.27	0.87		-0.3	-0.31	0.25	0.95	0.78	-0.31	0.92	-0.08	0.54	0.59	0.89
Other Current Assets	-0.17	-0.15	-0.05	-0.18	-0.21	-0.17	-0.25	-0.03	-0.18	-0.28	-0.06	0.06	0.47	-0.22	-0.3		0.57	0.72	-0.14	-0.13	0.51	-0.14	0.03	0.25	-0.26	-0.28
Other Stockholder Equity	-0.3	-0.03	-0.05	-0.36	-0.35	0.1	-0.48	-0.18	-0.33	-0.18	-0.21	-0.04	0.61	-0.13	-0.31	0.57		0.24	-0.22	-0.24	0.66	-0.13	0.14	0.41	-0.5	-0.32
Total Liab	0.34	0.31	0.46	0.31	0.31	0.05	0.25	0.42	0.33	-0.02	0.42	0.41	0.53	0.25	0.25	0.72	0.24		0.36	0.25	0.48	0.36	0.06	0.47	0.14	0.2
Total Current Assets	0.99	0.74	0.92	0.97	0.98	0.18	0.94	0.94	0.98	0.82	0.95	0.87	0.43	0.8	0.95	-0.14	-0.22	0.36		0.82	-0.25	0.96	0.08	0.65	0.59	0.84
Other Current Liab	0.81	0.71	0.83	0.75	0.79	0.37	0.74	0.64	0.79	0.78	0.68	0.86	0.21	0.75	0.78	-0.13	-0.24	0.25	0.82		-0.27	0.81	-0.13	0.44	0.53	0.86
Short Term Debt	-0.33	-0.02	-0.05	-0.4	-0.39	0.16	-0.47	-0.23	-0.36	-0.48	-0.24	-0.12	0.43	-0.16	-0.31	0.51	0.66	0.48	-0.25	-0.27		-0.21	0.0	0.2	-0.24	-0.32
Accounts Payable	0.94	0.73	0.97	0.9	0.93	0.23	0.86	0.86	0.93	0.81	0.87	0.91	0.41	0.78	0.92	-0.14	-0.13	0.36	0.96	0.81	-0.21		0.15	0.63	0.49	0.89
Current Deferred Revenue	0.07	-0.15	0.18	0.11	0.07	-0.3	0.07	0.14	0.07	-0.09	0.11	0.21	0.16	-0.14	-0.08	0.03	0.14	0.06	0.08	-0.13	0.0	0.15		0.14	-0.13	0.03
Common Stock Total Equity	0.62	0.54	0.65	0.57	0.58	0.13	0.48	0.69	0.61	0.51	0.7	0.56	0.93	0.54	0.54	0.25	0.41	0.47	0.65	0.44	0.2	0.63	0.14		0.37	0.34
Short Term Investments	0.62	0.45	0.47	0.62	0.61	0.17	0.66	0.49	0.64	0.49	0.58	0.41	0.23	0.51	0.59	-0.26	-0.5	0.14	0.59	0.53	-0.24	0.49	-0.13	0.37		0.48
Property Plant And Equipment Gross	0.82	0.75	0.85	0.76	0.82	0.44	0.76	0.63	0.81	0.82	0.66	0.82	0.06	0.8	0.89	-0.28	-0.32	0.2	0.84	0.86	-0.32	0.89	0.03	0.34	0.48

Click cells to compare fundamentals

Micron Technology Account Relationship Matchups

Micron Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.7B	58.8B	66.3B	64.3B	69.4B	72.9B
Short Long Term Debt Total	7.2B	7.3B	7.5B	13.9B	14.0B	14.7B
Total Current Liabilities	6.6B	6.4B	7.5B	4.8B	9.2B	9.7B
Total Stockholder Equity	39.0B	43.9B	49.9B	44.1B	45.1B	47.4B
Property Plant And Equipment Net	31.6B	33.8B	39.2B	38.6B	40.4B	42.4B
Net Debt	(448M)	(483M)	(746M)	5.4B	7.0B	7.3B
Retained Earnings	33.4B	39.1B	47.3B	40.8B	40.9B	42.9B
Cash	7.6B	7.8B	8.3B	8.6B	7.0B	7.4B
Non Current Assets Total	35.7B	38.9B	44.5B	43.0B	45.0B	47.3B
Non Currrent Assets Other	781M	1.1B	1.3B	1.3B	1.5B	1.6B
Cash And Short Term Investments	8.1B	8.6B	9.3B	9.6B	8.1B	8.5B
Net Receivables	3.9B	5.3B	5.1B	2.4B	6.6B	6.9B
Common Stock Shares Outstanding	1.1B	1.1B	1.1B	1.1B	1.1B	794.9M
Liabilities And Stockholders Equity	53.7B	58.8B	66.3B	64.3B	69.4B	72.9B
Non Current Liabilities Total	8.0B	8.5B	8.8B	15.4B	15.0B	15.8B
Inventory	5.6B	4.5B	6.7B	8.4B	8.9B	9.3B
Other Current Assets	304M	1.5B	657M	820M	776M	886.6M
Other Stockholder Equity	5.4B	4.8B	3.1B	3.5B	4.3B	4.4B
Total Liab	14.7B	14.9B	16.4B	20.1B	24.3B	25.5B
Total Current Assets	18.0B	19.9B	21.8B	21.2B	24.4B	25.6B
Other Current Liab	548M	4.2B	4.9B	2.7B	5.9B	6.2B
Short Term Debt	270M	155M	103M	278M	431M	385.8M
Accounts Payable	2.2B	1.7B	2.1B	1.7B	2.7B	2.9B
Current Deferred Revenue	1.6B	3.6B	3.6B	(1.7B)	766M	451.4M
Common Stock Total Equity	118M	119M	122M	123M	141.5M	89.5M
Short Term Investments	518M	870M	1.1B	1.0B	1.1B	699.7M
Property Plant And Equipment Gross	31.6B	33.8B	39.2B	38.6B	96.7B	101.5B
Accumulated Other Comprehensive Income	71M	2M	(560M)	(312M)	(134M)	(140.7M)
Intangible Assets	334M	349M	421M	404M	416M	333.2M
Common Stock	119M	122M	123M	124M	125M	88.0M
Other Liab	1.1B	1.4B	1.4B	1.7B	2.0B	2.1B
Other Assets	1.5B	1.8B	2.0B	1.8B	2.1B	2.2B
Long Term Debt	6.0B	6.6B	6.8B	13.1B	11.2B	11.8B
Property Plant Equipment	31.6B	33.8B	39.2B	38.6B	44.4B	46.6B
Net Tangible Assets	37.4B	42.4B	48.3B	42.6B	49.0B	26.3B
Retained Earnings Total Equity	24.4B	30.8B	39.1B	47.3B	54.4B	57.1B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Micron Stock Analysis

When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC