Micron Technology — Debt Discipline
DEBT DISCIPLINE
TICKER: [US.MU - Micron Technology]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] Leverage (D/E): 0.28
↳ < 0.5 = conservative, > 1.5 = aggressive
[+] Interest Coverage: 20.6x
↳ > 5x = safe, < 2x = risky
[-] Net Cash Company: No
↳ Net debt < 0 = Buffett favorite
Metric D/E D/EBITDA Coverage Net D/E
----------------------------------------------------
Mean 0.37 6.30 19.42 0.13
Median 0.30 1.93 9.67 0.10
Max 0.82 42.90 57.73 0.48
Min 0.14 0.31 0.53 -0.07
CoV 0.58 1.83 1.01 1.40
Slope -1.86%/yr -42.48%/yr 220.44%/yr -0.58%/yr
R² 16% 2% 22% 2%
[DATA]
Period Total Debt Equity D/E D/EBITDA Coverage Net D/E
------------------------------------------------------------------
2010 ANNUAL 2.36B 8.02B 0.29 1.5x 8.8x -0.07
2011 ANNUAL 2.00B 8.47B 0.24 3.0x 5.4x -0.02
2012 ANNUAL 3.26B 7.70B 0.42 - - 0.10
2013 ANNUAL 6.04B 9.14B 0.66 16.8x 1.6x 0.35
2014 ANNUAL 6.58B 10.76B 0.61 2.0x 9.6x 0.23
2015 ANNUAL 7.39B 12.30B 0.60 2.5x 8.0x 0.41
2016 ANNUAL 9.91B 12.08B 0.82 42.9x 0.5x 0.48
2017 ANNUAL 11.15B 18.62B 0.60 1.9x 9.8x 0.32
2018 ANNUAL 4.64B 32.29B 0.14 0.3x 43.6x -0.06
2019 ANNUAL 5.85B 35.88B 0.16 0.8x 57.7x -0.04
2020 ANNUAL 7.18B 39.00B 0.18 2.3x 15.8x -0.01
2021 ANNUAL 7.28B 43.93B 0.17 1.1x 36.9x -0.01
2022 ANNUAL 7.52B 49.91B 0.15 0.8x 51.4x -0.01
2023 ANNUAL 13.93B 44.12B 0.32 - - 0.12
2024 ANNUAL 14.01B 45.13B 0.31 10.7x 2.3x 0.15
2025 ANNUAL 15.28B 54.16B 0.28 1.6x 20.6x 0.10audit debt-discipline
DEBT DISCIPLINE
TICKER: [US.MU - Micron Technology]
PERIOD: [2010-ANNUAL ~ 2025-ANNUAL]
[+] Leverage (D/E): 0.28
↳ < 0.5 = conservative, > 1.5 = aggressive[+] Interest Coverage: 20.6x
↳ > 5x = safe, < 2x = risky[-] Net Cash Company: No
↳ Net debt < 0 = Buffett favorite
Metric D/E D/EBITDA Coverage Net D/E----------------------------------------------------Mean 0.37 6.30 19.42 0.13Median 0.30 1.93 9.67 0.10Max 0.82 42.90 57.73 0.48Min 0.14 0.31 0.53 -0.07CoV 0.58 1.83 1.01 1.40Slope -1.86%/yr -42.48%/yr 220.44%/yr -0.58%/yrR² 16% 2% 22% 2%
[DATA]
Period Total Debt Equity D/E D/EBITDA Coverage Net D/E------------------------------------------------------------------2010 ANNUAL 2.36B 8.02B 0.29 1.5x 8.8x -0.072011 ANNUAL 2.00B 8.47B 0.24 3.0x 5.4x -0.022012 ANNUAL 3.26B 7.70B 0.42 - - 0.102013 ANNUAL 6.04B 9.14B 0.66 16.8x 1.6x 0.352014 ANNUAL 6.58B 10.76B 0.61 2.0x 9.6x 0.232015 ANNUAL 7.39B 12.30B 0.60 2.5x 8.0x 0.412016 ANNUAL 9.91B 12.08B 0.82 42.9x 0.5x 0.482017 ANNUAL 11.15B 18.62B 0.60 1.9x 9.8x 0.322018 ANNUAL 4.64B 32.29B 0.14 0.3x 43.6x -0.062019 ANNUAL 5.85B 35.88B 0.16 0.8x 57.7x -0.042020 ANNUAL 7.18B 39.00B 0.18 2.3x 15.8x -0.012021 ANNUAL 7.28B 43.93B 0.17 1.1x 36.9x -0.012022 ANNUAL 7.52B 49.91B 0.15 0.8x 51.4x -0.012023 ANNUAL 13.93B 44.12B 0.32 - - 0.122024 ANNUAL 14.01B 45.13B 0.31 10.7x 2.3x 0.152025 ANNUAL 15.28B 54.16B 0.28 1.6x 20.6x 0.10