Micron Cash Ratio from 2010 to 2024

MU Stock  USD 98.20  3.60  3.54%   
Micron Technology Cash Ratio yearly trend continues to be comparatively stable with very little volatility. Cash Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Micron Technology Cash Ratio quarterly data regression had r-value of  0.59 and coefficient of variation of  32.83. View All Fundamentals
 
Cash Ratio  
First Reported
2010-12-31
Previous Quarter
0.76135381
Current Value
1.8
Quarterly Volatility
0.31659404
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Micron Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Micron Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.2 B, Interest Expense of 590.1 M or Total Revenue of 26.4 B, as well as many indicators such as Price To Sales Ratio of 4.92, Dividend Yield of 0.0066 or PTB Ratio of 1.73. Micron financial statements analysis is a perfect complement when working with Micron Technology Valuation or Volatility modules.
  
Check out the analysis of Micron Technology Correlation against competitors.
For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.

Latest Micron Technology's Cash Ratio Growth Pattern

Below is the plot of the Cash Ratio of Micron Technology over the last few years. It is Micron Technology's Cash Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Micron Technology's overall financial position and show how it may be relating to other accounts over time.
Cash Ratio10 Years Trend
Slightly volatile
   Cash Ratio   
       Timeline  

Micron Cash Ratio Regression Statistics

Arithmetic Mean0.96
Geometric Mean0.91
Coefficient Of Variation32.83
Mean Deviation0.22
Median0.86
Standard Deviation0.32
Sample Variance0.10
Range1.5141
R-Value0.59
Mean Square Error0.07
R-Squared0.35
Significance0.02
Slope0.04
Total Sum of Squares1.40

Micron Cash Ratio History

2024 1.8
2022 0.76
2016 1.1
2011 0.86
2010 0.29

About Micron Technology Financial Statements

Micron Technology shareholders use historical fundamental indicators, such as Cash Ratio, to determine how well the company is positioned to perform in the future. Although Micron Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Micron Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Micron Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Cash Ratio 0.76  1.80 

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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.