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Micron Technology Inc (NAS:MU)
Equity to Asset Ratio
0.49 (As of Feb. 2016)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Micron Technology Inc's total equity for the quarter that ended in Feb. 2016 was \$12,264 Mil. Micron Technology Inc's total assets for the quarter that ended in Feb. 2016 was \$24,819 Mil. Therefore, Micron Technology Inc's Equity to Asset Ratio for the quarter that ended in Feb. 2016 was 0.49.

MU' s Equity to Asset Range Over the Past 10 Years
Min: 0.4   Max: 0.86
Current: 0.49

0.4
0.86

During the past 13 years, the highest Equity to Asset Ratio of Micron Technology Inc was 0.86. The lowest was 0.40. And the median was 0.58.

MU's Equity to Asset is ranked lower than
70% of the 852 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 0.63 vs. MU: 0.49 )

Definition

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing shareholders tangible equity divided by its total asset.

Micron Technology Inc's Equity to Asset Ratio for the fiscal year that ended in Aug. 2015 is calculated as

 Equity to Asset (A: Aug. 2015 ) = Total Equity / Total Assets = 12302 / 24143 = 0.51

Micron Technology Inc's Equity to Asset Ratio for the quarter that ended in Feb. 2016 is calculated as

 Equity to Asset (Q: Feb. 2016 ) = Total Equity / Total Assets = 12264 / 24819 = 0.49

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher Return on Equity because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Micron Technology Inc Annual Data

 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 equity2asset 0.66 0.52 0.46 0.43 0.55 0.57 0.54 0.48 0.48 0.51

Micron Technology Inc Quarterly Data

 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 equity2asset 0.47 0.45 0.49 0.48 0.52 0.52 0.50 0.51 0.50 0.49
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