Micron Technology Inc (MU)

Debt-to-capital ratio

		Aug 29, 2024	Aug 31, 2023	Sep 1, 2022	Sep 2, 2021	Sep 3, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	45,131,000	44,120,000	49,907,000	43,933,000	38,996,000
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00

August 29, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $45,131,000K)
= 0.00

The debt-to-capital ratio for Micron Technology Inc has consistently been reported as 0.00 for the past five years, indicating that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company is primarily funded through equity rather than debt, which may imply a lower financial risk profile due to the absence of interest payments and debt obligations. However, it is important to note that a low or zero debt-to-capital ratio may also limit the company's ability to leverage its capital structure for potential growth or investment opportunities. Further analysis of other financial ratios and disclosures may provide additional insights into Micron Technology Inc's overall financial health and capital management strategy.