GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (NAS:MU) » Definitions » Net Cash per Share

Micron Technology (Micron Technology) Net Cash per Share

: $-11.60 (As of Feb. 2024)
View and export this data going back to 1989. Start your Free Trial

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Micron Technology's Net Cash per Share for the quarter that ended in Feb. 2024 was $-11.60.

The historical rank and industry rank for Micron Technology's Net Cash per Share or its related term are showing as below:

MU's Price-to-Net-Cash is not ranked *
in the Semiconductors industry.
Industry Median: 10.19
* Ranked among companies with meaningful Price-to-Net-Cash only.

Micron Technology Net Cash per Share Historical Data

The historical data trend for Micron Technology's Net Cash per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Micron Technology Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Cash per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.57 -5.88 -5.61 -6.44 -9.60

Micron Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Cash per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.72 -9.06 -9.60 -10.73 -11.60

Competitive Comparison

For the Semiconductors subindustry, Micron Technology's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Micron Technology Price-to-Net-Cash Distribution

For the Semiconductors industry and Technology sector, Micron Technology's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Micron Technology's Price-to-Net-Cash falls into.



Micron Technology Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Micron Technology's Net Cash per Share for the fiscal year that ended in Aug. 2023 is calculated as

Net Cash per Share (A: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9594-20134-0)/1098
=-9.60

Micron Technology's Net Cash per Share for the quarter that ended in Feb. 2024 is calculated as

Net Cash per Share (Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(9006-21848-0)/1107
=-11.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Micron Technology  (NAS:MU) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Micron Technology Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Micron Technology's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Micron Technology (Micron Technology) Business Description

Address
8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Executives
Sanjay Mehrotra officer: President & CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Scott J Deboer officer: Vice President, R&D 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Scott R. Allen officer: CVP, Chief Accounting Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
April L Arnzen officer: VP, Human Resources 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Michael W Bokan officer: SVP, WORLDWIDE SALES 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Sumit Sadana officer: EVP & Chief Business Officer 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Richard M Beyer director 6501 WILLIAM CANNON DRIVE, WEST, AUSTIN TX 78735
Manish H Bhatia officer: EVP, Global Operations C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Robert P Beard officer: SVP, General Counsel&Secretary 8000 S. FEDERAL WAY, BOISE ID 83716
Mark J. Murphy officer: EVP & Chief Financial Officer DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098
Joel L Poppen officer: VP Legal Affairs, Gen Counsel, other: Corporate Secretary 8000 S. FEDERAL WAY, MS 1-557, BOISE ID 83716
David Zinsner officer: SVP & Chief Financial Officer 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Lynn A Dugle director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Paul Marosvari officer: VP, Chief Accounting Officer 8000 S. FEDERAL WAY, BOISE ID 83716

Micron Technology (Micron Technology) Headlines