Micron Technology Inc

NASDAQ MU

Download Data

Micron Technology Inc Interest Expense To Sales 2 year CAGR for the Trailing 12 Months (TTM) ending February 29, 2024: 99.71%

Micron Technology Inc Interest Expense To Sales 2 year CAGR is 99.71% for the Trailing 12 Months (TTM) ending February 29, 2024, a 358.41% change year over year. The interest expense to sales ratio is a financial metric that represents the proportion of a company's revenue that is used to cover its interest expenses. It is calculated by dividing the company's interest expense by its total revenue. This ratio indicates the financial burden of interest payments on the company's operating income. A higher ratio suggests that a significant portion of the company's revenue is being used to service interest obligations, potentially affecting its profitability. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Micron Technology Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending February 28, 2023 was 1.21%, a 95.39% change year over year.
  • Micron Technology Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending February 28, 2022 was 0.62%, a -24.13% change year over year.
  • Micron Technology Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending February 28, 2021 was 0.82%, a -0.33% change year over year.
  • Micron Technology Inc Interest Expense To Sales for the Trailing 12 Months (TTM) ending February 29, 2020 was 0.82%, a 31.26% change year over year.
NASDAQ: MU

Micron Technology Inc

CEO Mr. Sanjay Mehrotra
IPO Date June 1, 1984
Location United States
Headquarters 8000 South Federal Way, Boise, ID, United States, 83716-9632
Employees 43,000
Sector Technology
Industry Semiconductors
Description

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

Similar companies

AVGO

Broadcom Inc

NA

NA

QCOM

Qualcomm Incorporated

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email