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Micron Technology (FRA:MTE) Gross-Profit-to-Asset % : 6.68% (As of Feb. 2024)


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What is Micron Technology Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Micron Technology's annualized Gross Profit for the quarter that ended in Feb. 2024 was €4,001 Mil. Micron Technology's average Total Assets over the quarter that ended in Feb. 2024 was €59,925 Mil. Therefore, Micron Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 6.68%.


Micron Technology Gross-Profit-to-Asset % Historical Data

The historical data trend for Micron Technology's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

Micron Technology Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.61 12.40 18.58 23.76 -2.09

Micron Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 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 -7.00 -4.01 -2.67 -0.22 6.68

Competitive Comparison of Micron Technology's Gross-Profit-to-Asset %

For the Semiconductors subindustry, Micron Technology's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Micron Technology's Gross-Profit-to-Asset % falls into.



Micron Technology Gross-Profit-to-Asset % Calculation

Micron Technology's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Aug. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Aug. 2023 )/( (Total Assets (A: Aug. 2022 )+Total Assets (A: Aug. 2023 ))/ count )
=-1298.472/( (65421.321+58920.918)/ 2 )
=-1298.472/62171.1195
=-2.09 %

Micron Technology's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=4000.932/( (58929.024+60920.586)/ 2 )
=4000.932/59924.805
=6.68 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Feb. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Micron Technology Gross-Profit-to-Asset % Related Terms

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Micron Technology (FRA:MTE) 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.

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