Micron Technology Inc (MU)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 73,053,000 | 71,461,000 | 69,416,000 | 69,416,000 | 66,255,000 | 66,255,000 | 65,718,000 | 63,776,000 | 64,254,000 | 65,680,000 | 65,680,000 | 66,520,000 | 66,520,000 | 67,874,000 | 67,874,000 | 66,283,000 | 66,283,000 | 65,296,000 | 65,296,000 | 63,696,000 |
| 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 |
| Financial leverage ratio | 1.50 | 1.53 | 1.54 | 1.54 | 1.50 | 1.50 | 1.50 | 1.49 | 1.46 | 1.45 | 1.45 | 1.41 | 1.41 | 1.38 | 1.38 | 1.33 | 1.33 | 1.32 | 1.32 | 1.33 |
February 28, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $73,053,000K ÷ $48,633,000K
= 1.50
The financial leverage ratio of Micron Technology Inc has exhibited a slight upward trend over the past few years, starting at 1.33 in March 2022 and reaching 1.50 by February 2025. This indicates that the company has been gradually increasing its reliance on debt to finance its operations and growth. The ratio has experienced some fluctuations within this period, but the overall trend suggests a modest increase in the company's leverage. It is important for investors and stakeholders to monitor this ratio closely to assess the company's ability to meet its financial obligations and manage its debt levels effectively.
Peer comparison
Feb 28, 2025