Micron Technology, Stock Total Debt
| MU Stock | 20.61 0.54 2.69% |
Micron Technology, fundamentals help investors to digest information that contributes to Micron Technology,'s financial success or failures. It also enables traders to predict the movement of Micron Stock. The fundamental analysis module provides a way to measure Micron Technology,'s intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Micron Technology, stock.
Micron | Total Debt |
Micron Technology, Company Total Debt Analysis
Micron Technology,'s Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
Current Micron Technology, Total Debt | 106 M |
Most of Micron Technology,'s fundamental indicators, such as Total Debt, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Micron Technology, is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
| Competition |
Micron Long Term Debt
Long Term Debt |
|
Based on the latest financial disclosure, Micron Technology, has a Total Debt of 106 M. This is 93.42% lower than that of the Technology sector and 95.39% lower than that of the Semiconductors industry. The total debt for all Canada stocks is 98.01% higher than that of the company.
Micron Total Debt Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Micron Technology,'s direct or indirect competition against its Total Debt to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Micron Technology, could also be used in its relative valuation, which is a method of valuing Micron Technology, by comparing valuation metrics of similar companies.Micron Technology, is currently under evaluation in total debt category among its peers.
Micron Fundamentals
| Return On Equity | 0.0174 | ||||
| Return On Asset | 0.0117 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 153.41 B | ||||
| Shares Outstanding | 6.56 B | ||||
| Price To Book | 1.96 X | ||||
| Price To Sales | 5.79 X | ||||
| Revenue | 25.11 B | ||||
| EBITDA | 8.94 B | ||||
| Net Income | 778 M | ||||
| Total Debt | 106 M | ||||
| Book Value Per Share | 40.70 X | ||||
| Cash Flow From Operations | 8.51 B | ||||
| Earnings Per Share | 0.85 X | ||||
| Price To Earnings To Growth | 0.14 X | ||||
| Number Of Employees | 48 K | ||||
| Beta | 1.18 | ||||
| Market Capitalization | 145.39 B | ||||
| Total Asset | 69.42 B | ||||
| Retained Earnings | 40.88 B | ||||
| Working Capital | 15.12 B | ||||
| Net Asset | 69.42 B |
About Micron Technology, Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Micron Technology,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Micron Technology, using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Micron Technology, based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Micron Technology,
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Micron Technology, position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Micron Technology, will appreciate offsetting losses from the drop in the long position's value.Moving together with Micron Stock
Moving against Micron Stock
| 0.69 | PTK | POET Technologies | PairCorr |
| 0.66 | QNC | Quantum Numbers | PairCorr |
| 0.54 | SOY | SunOpta | PairCorr |
| 0.45 | AVGO | Broadcom | PairCorr |
The ability to find closely correlated positions to Micron Technology, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Micron Technology, when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Micron Technology, - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Micron Technology, to buy it.
The correlation of Micron Technology, is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Micron Technology, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Micron Technology, moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Micron Technology, can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Micron Stock
Micron Technology, financial ratios help investors to determine whether Micron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Micron with respect to the benefits of owning Micron Technology, security.