Micron Technology (MIL:1MU) Interest Coverage: 504.22 (As of Feb. 2026) — 2352% Above Median


MIL:1MU Micron Technology Inc MIL:1MU
70 GF Score
Price €949.90
GF Value €356.20
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Micron Technology Interest Coverage?

Micron Technology MIL:1MU -7.54% 70 Interest Coverage is 504.22 as of Feb. 2026, which is 2352% above its 10-year median of 20.56. GuruFocus rates MIL:1MU with a GF Score™ of 70/100 and a GF Value™ of €356.20 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 637 Semiconductors companies, Micron Technology ranks better than 71.43% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Micron Technology's Operating Income for the three months ended in Feb. 2026 was €13,650 Mil. Micron Technology's Interest Expense for the three months ended in Feb. 2026 was €-27 Mil. Micron Technology's interest coverage for the quarter that ended in Feb. 2026 was 504.22. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Micron Technology's Interest Coverage or its related term are showing as below:

MIL:1MU' s Interest Coverage Range Over the Past 10 Years
Min: 0.53   Med: 20.56   Max: 79.7
Current: 79.7


MIL:1MU's Interest Coverage is ranked better than
71.43% of 637 companies
in the Semiconductors industry
Industry Median: 20.13 vs MIL:1MU: 79.70

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Micron Technology  (MIL:1MU) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Micron Technology Interest Coverage Related Terms


Micron Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Micron Technology's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Micron Technology Interest Coverage Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.87 51.37 0.00 2.32 20.56

Micron Technology Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Interest Coverage 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 15.83 17.63 29.78 82.92 504.22

MIL:1MU vs AMD, INTC, TXN: Interest Coverage Comparison

For the Semiconductors subindustry, Micron Technology's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micron Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Micron Technology's Interest Coverage falls into.


MIL:1MU
70GF Score
Micron Technology Inc MIL:1MU
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micron Technology Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Micron Technology's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Micron Technology's Interest Expense was €-410 Mil. Its Operating Income was €8,426 Mil. And its Long-Term Debt & Capital Lease Obligation was €12,643 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*8425.931/-409.743
=20.56

Micron Technology's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Micron Technology's Interest Expense was €-27 Mil. Its Operating Income was €13,650 Mil. And its Long-Term Debt & Capital Lease Obligation was €8,640 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*13650.21/-27.072
=504.22

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 504.22 mean?
Micron Technology (MIL:1MU) has a Interest Coverage of 504.22 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Micron Technology and its competitors. This is 2352% above median its historical median of 20.56. Over the past decade, Micron Technology's Interest Coverage has ranged from 0.53 to 79.70. According to the industry distribution chart, Micron Technology ranks #182 out of 637 companies in the Semiconductors industry, placing it in the top 28.6%.
Is Micron Technology's Interest Coverage too high?
Micron Technology's current Interest Coverage of 504.22 is 2352% above median its 10-year median of 20.56. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 79.70. The Semiconductors industry median Interest Coverage is 20.13. Micron Technology's value of 504.22 is 2404.8% above this industry median. Based on the distribution chart, Micron Technology ranks #182 out of 637 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Micron Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's Interest Coverage compare to AMD and INTC?
According to the Semiconductors industry distribution chart, Micron Technology ranks #182 out of 637 companies for Interest Coverage. This puts Micron Technology in the upper half of its industry. The industry median Interest Coverage is 20.13. Micron Technology's value of 504.22 is 2404.8% above this benchmark. Historically, Micron Technology's own Interest Coverage has ranged from 0.53 to 79.70 over the past decade. While the company's 10-year median is 20.56 vs. the industry median of 20.13, Micron Technology has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.13, based on 637 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Micron Technology's current Interest Coverage of 504.22 is 2404.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Micron Technology and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Technology's current Interest Coverage is 504.22, which is 2352% above median its own 10-year median of 20.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MIL:1MU) is currently considered Significantly Overvalued. The stock's GF Value™ is €356.20, compared to a current price of €949.90 — trading 166.7% above its estimated fair value. The current Interest Coverage is 504.22, which is 2352% above median its 10-year median of 20.56 and 2404.8% above the Semiconductors industry median of 20.13. Micron Technology's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Micron Technology (MIL:1MU), the current Interest Coverage is 504.22 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Micron Technology (MIL:1MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of €949.90 is trading 166.7% above its estimated GF Value™ of €356.20. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MIL:1MU:

  • Interest Coverage: 504.22 (2352% above median its 10-year median of 20.56)
  • GF Value™: €356.20 vs. price of €949.90 (166.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 2404.8% above the Semiconductors median (#182 of 637)

No single metric tells the full story. See the MIL:1MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micron Technology Business Description

Address 8000 S. Federal Way, 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.
70GF Score

Get the complete analysis for MIL:1MU

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€949.90
Price
€356.20
GF Value