Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $53,678 | $58,849 | $66,283 | $64,254 | $69,416 |
Liabilities | $14,682 | $14,916 | $16,376 | $20,134 | $24,285 |
Equity | $38,996 | $43,933 | $49,907 | $44,120 | $45,131 |
Edwyn
Over the past 5 years, Micron Technology, Inc. has shown a consistent growth trajectory in terms of total assets, liabilities, and stockholders' equity. Total assets have steadily increased from 53.678 billion USD in 2020 to 69.416 billion USD in 2024, indicating the company's expansion and investment in its operations. On the other hand, total liabilities have also increased, from 14.682 billion USD in 2020 to 24.285 billion USD in 2024, possibly due to increased borrowing for expansion and working capital needs. Stockholders' equity has shown fluctuations, starting from 38.996 billion USD in 2020, peaking at 49.907 billion USD in 2022, and then decreasing to 45.131 billion USD in 2024. The decrease in equity in 2024 could be a result of higher liabilities outweighing the growth in assets. It is essential for investors to monitor this trend to ensure the company maintains a healthy balance sheet. In the context of the semiconductor industry, Micron Technology's financial position reflects the capital-intensive nature of the industry, where companies need to constantly invest in R&D, technology, and manufacturing capabilities to stay competitive.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.