Micron Technology Inc (MU)
Debt-to-capital ratio
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | Aug 29, 2024 | May 31, 2024 | May 30, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | Jun 1, 2023 | May 31, 2023 | Mar 2, 2023 | Feb 28, 2023 | Dec 1, 2022 | Nov 30, 2022 | Sep 1, 2022 | Aug 31, 2022 | Jun 2, 2022 | May 31, 2022 | Mar 3, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 48,633,000 | 46,797,000 | 45,131,000 | 45,131,000 | 44,225,000 | 44,225,000 | 43,870,000 | 42,885,000 | 44,120,000 | 45,405,000 | 45,405,000 | 47,257,000 | 47,257,000 | 49,306,000 | 49,306,000 | 49,907,000 | 49,907,000 | 49,281,000 | 49,281,000 | 47,845,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 28, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $48,633,000K)
= 0.00
The debt-to-capital ratio of Micron Technology Inc has consistently been at 0.00 over the provided time period, indicating that the company has not utilized any debt to finance its operations relative to its capital structure. This suggests that the company has been relying more on equity financing rather than debt to fund its activities. A low debt-to-capital ratio can be seen as a positive sign as it indicates a lower financial risk and a stronger financial position for the company. However, it is important to consider other financial metrics and factors when assessing the overall financial health and performance of Micron Technology Inc.
Peer comparison
Feb 28, 2025