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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:
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.
Micron Technology Annual Data | |||||||||||||||||||||
Trend | Aug14 | Aug15 | Aug16 | Aug17 | Aug18 | Aug19 | Aug20 | Aug21 | Aug22 | Aug23 | |||||||||||
Net Cash per Share | Get a 7-Day Free Trial | -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 | Get a 7-Day Free Trial | -7.72 | -9.06 | -9.60 | -10.73 | -11.60 |
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.
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.
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.
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.
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 |
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