Micron Technology was founded in 1978 and is headquartered in Boise, US

CEO

Micron Technology has offices in Boise, , Seoul

Boise, US (HQ)

8000 S Federal Way

## Revenue (2016) | $12.4 b |

## Revenue growth (2015-16), % | (23%) |

## Gross profit | $2.5 b |

## Gross profit margin (2016), % | 20% |

## Net income (2016) | ($275 m) |

## Market capitalization (21-Mar-2017) | $28.8 b |

## Closing share price (21-Mar-2017) | $26.2 |

## Cash (01-Sep-2016) | $4.1 b |

Micron Technology's current market capitalization is $28.8 b.

- Source: SEC FIlings

Micron Technology's revenue was reported to be $12.4 b in FY, 2016 which is a **23.4% decrease** from the previous period.

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Revenue | $9.1 b | $16.4 b | $16.2 b | $12.4 b |

## Revenue growth, % | 80% | (1%) | (23%) | |

## Cost of goods sold | $7.2 b | $10.9 b | $11 b | $9.9 b |

## Gross profit | $1.8 b | $5.4 b | $5.2 b | $2.5 b |

## Gross profit Margin, % | 20% | 33% | 32% | 20% |

## EBIT | $236 m | $3.1 b | $3 b | $168 m |

## EBIT margin, % | 3% | 19% | 19% | 1% |

## Interest income | $14 m | $23 m | $35 m | $42 m |

## Net Income | $1.2 b | $3.1 b | $2.9 b | ($275 m) |

- Source: SEC FIlings

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Cash | $2.9 b | $4.2 b | $2.3 b | $4.1 b |

## Inventories | $2.6 b | $2.5 b | $2.3 b | $2.9 b |

## Current Assets | $8.9 b | $10.2 b | $8.6 b | $9.5 b |

## PP&E | $7.6 b | $8.7 b | $10.6 b | $14.7 b |

## Total Assets | $19.1 b | $22.5 b | $24.1 b | $27.5 b |

## Accounts Payable | $2.1 b | $2.7 b | $2.6 b | $3.9 b |

## Total Debt | $6 b | $5 b | $6.3 b | $9.2 b |

## Current Liabilities | $4.1 b | $4.8 b | $3.9 b | $4.8 b |

## Retained Earnings | ($212 m) | $2.7 b | $5.6 b | $5.3 b |

## Total Equity | $10 b | $11.6 b | $13.2 b | $12.9 b |

## Debt to Equity Ratio | 0.6 x | 0.4 x | 0.5 x | 0.7 x |

## Debt to Assets Ratio | 0.3 x | 0.2 x | 0.3 x | 0.3 x |

## Financial Leverage | 1.9 x | 1.9 x | 1.8 x | 2.1 x |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Net Income | $1.2 b | $3.1 b | $2.9 b | ($275 m) |

## Accounts Receivable | ||||

## Inventories | $194 m | $116 m | ($549 m) | |

## Accounts Payable | $671 m | ($691 m) | $272 m | |

## Cash From Operating Activities | $1.8 b | $5.7 b | $5.2 b | $3.2 b |

## Purchases of PP&E | ($1.2 b) | ($2.7 b) | ($4 b) | |

## Cash From Investing Activities | ($1.7 b) | ($2.5 b) | ($6.2 b) | ($3.1 b) |

## Long-term Borrowings | ($743 m) | ($3.8 b) | ($2.3 b) | ($870 m) |

## Cash From Financing Activities | $322 m | ($1.9 b) | ($718 m) | $1.7 b |

## Interest Paid | ($107 m) | ($163 m) | ($226 m) | ($267 m) |

Source: 1 k public H-1B filings from Micron Technology