MU
Price:
$98.44
Market Cap:
$109.67B
Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through pri...[Read more]
Industry
Semiconductors
IPO Date
1984-06-01
Stock Exchange
NASDAQ
Ticker
MU
According to Micron Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.64. This represents a change of -20.86% compared to the average of 3.33 of the last 4 quarters.
The mean historical Current Ratio of Micron Technology, Inc. over the last ten years is 2.77. The current 2.64 Current Ratio has changed 9.43% with respect to the historical average. Over the past ten years (40 quarters), MU's Current Ratio was at its highest in in the August 2023 quarter at 4.46. The Current Ratio was at its lowest in in the December 2016 quarter at 1.71.
Average
2.77
Median
2.67
Minimum
1.96
Maximum
4.46
Discovering the peaks and valleys of Micron Technology, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 54.32%
Maximum Annual Current Ratio = 4.46
Minimum Annual Increase = -40.89%
Minimum Annual Current Ratio = 1.96
Year | Current Ratio | Change |
---|---|---|
2024 | 2.64 | -40.89% |
2023 | 4.46 | 54.32% |
2022 | 2.89 | -6.77% |
2021 | 3.10 | 14.45% |
2020 | 2.71 | 4.84% |
2019 | 2.58 | -7.35% |
2018 | 2.79 | 19.36% |
2017 | 2.34 | 18.92% |
2016 | 1.96 | -10.79% |
2015 | 2.20 | 3.37% |
The current Current Ratio of Micron Technology, Inc. (MU) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.33
5-year avg
3.16
10-year avg
2.77
Micron Technology, Inc.’s Current Ratio is less than NVIDIA Corporation (4.10), greater than Intel Corporation (1.31), greater than Taiwan Semiconductor Manufacturing Company Limited (2.51), greater than Marvell Technology, Inc. (1.60), greater than Advanced Micro Devices, Inc. (2.50), greater than Broadcom Inc. (1.04), greater than QUALCOMM Incorporated (2.40),
Company | Current Ratio | Market cap |
---|---|---|
4.10 | $3.34T | |
1.31 | $87.19B | |
2.51 | $997.92B | |
1.60 | $91.92B | |
2.50 | $208.04B | |
1.04 | $799.51B | |
2.40 | $174.43B |
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