ipl-logo

The Fortune 500 Company: Micron Technology

1318 Words6 Pages

Company Background The Fortune 500 Company that I chose was Micron Technology. The first two pages of the paper are going to involve the history of the company, what the company makes and/or does, the employees, plants and plant locations, sales volume, and anything else that I can find out about the country. The first two pages are mainly to give the reader a background of the company to gain knowledge about the company. The company was founded in 1978 in Boise, Idaho. The company was founded by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman. Micron first started as a small operation in the basement of a dentist’s office and grew to become a $20 billion industry by the 1990s. In 1979, the engineers in the company finalize …show more content…

This increase is good for the company because assets may have future economic value. For the total liabilities, the percentage increase was only by 46%. This is a huge increase, meaning the company owes creditors for a past transaction. The last item is owner’s equity, which can be referred to as the book value of the company. The equity percentage increase is 21%. This shows that the company’s value has increased in the last four years. By looking through the balance sheet and the percentages calculated, Micron is in a pretty good standing. In the past four years, total revenue increased by 46%, while total cost of revenue increased by 35.6%. Both revenue and cost of revenue have a high percentage increase which in turn is beneficial to the company. Revenues occur when a sale is made or earned. Essentially, Micron is earning or making 46% more as of 2014, than they did in 2011. The percentage increase is 38%. These expenses are incurred in order to earn normal operating revenues. The percentage increase is high, but in order to keep up with the revenue, you may need to take higher risks. As of 2014, the operating activities cash is at $5,699 million. For the past 4 years, the percentage increase is 93.8%. In 2012, Micron had a value of -$1,031 million. The cash from investing activities have been in the negative values for the past four years. This is where the changes in the long-term asset accounts. For 2014, the financing cash is negative, but was positive in 2013 and

Show More
Related
627 Words | 3 Pages

Also, there was big changes in account receivable. Net cash provided by investing during 2014 increased by $ 1.0 billion because increase in capital expenditure. The sales of 4GT LTE affect investing activity because verizon invest more cash in their capital expenditure. Net cash provided by financing during 2014 increased about 54% and by $31 billion. For example, there was a big changes in Stock.

Read More
680 Words | 3 Pages

Net income is slightly more favorable. For the 2013 fiscal year, Staples had a net income of 620 million but fell drastically in the 2014 fiscal year to 135 million leaving a negative net income percentage of -78.23% in 2014. Net income increased back up to 379 million in 2015, giving us an increase in net income percentage of 180.74. Total assets have decreased at a stable rate over the past three fiscal years, from 11,175 million in 2013 to 10,172 million in 2015. These numbers should cause concern for stockholders.

Read More
1748 Words | 7 Pages

Furthermore, this trend has continued since 2014 as EBITDA has fallen in both Midwest’s (down 420 basis points from 17.56% to 13.36%) and AIS (down 480 basis points from 17.56% to 12.75%). • Going forward, we would expect the 4 new products to mitigate the effect of these downward pressures as they are introduced, which have high margins (exceeding 45%), and as Midwest becomes more efficient with inventory management. Net Income • Midwest has Net Income dropping from 2014-2016, down from $26,746M to $24,719M respectively. AIS analysis follows the same trend as Net Income also fell from $26,746M to $21,805M over the same time period. The only difference stems from reassigning the $15MM from 2016 to 2015 resulting in a continual decrease in Net Income YOY vs an increase from 2015 to 2016 of $3,706M in Midwest’s analysis.

Read More
984 Words | 4 Pages

Their current ratio is 1.4% (total current assets/total current liabilities). According to the Risk Management Association of Financial Ratio Benchmarks, the current average ratio is 1.5%. In 2014, the current ratio for the firm was 1.46% while the average ratio in the industry (NAICS 311330) was 1.6%. The company’s net property and equipment in 2015 is worth 2.6 million dollars, a slight increase from 2014, which was 2.3 million. The company is considering taking on some debt to increase their production capabilities.

Read More
1061 Words | 5 Pages

The total value of the firm has been calculated with the help of PV of cash flows and the continuing value and it shows an amount of

Read More
391 Words | 2 Pages

Their revenue growth has outstripped the industry ordinary of 4.2%. They continue you to show stagnant earnings

Read More
1118 Words | 5 Pages

But in 2016, current assets without inventories can cover or pay for its short-term current liabilities 4.43 times which is higher than the average industry benchmark of 0.75 to 1.25times which makes it favourable. Financial Ratio Analysis – Growth The company’s debt to equity recorded zero (0%) for both 2015 and 2016. The company did not record any debt, which is any borrowed capital such as long term loans and debentures.

Read More
356 Words | 2 Pages

The company performed significantly well in the last couple of quarters, providing a strong support to its share price and valuations. The company generated record revenue of $55.6 billion in FY2016, compared with the revenue of $52.5 billion in the prior

Read More
1064 Words | 5 Pages

This report is from the year 2015. In the report, the company has made in revenues for the year of 2015 of $9,132 million. This is an increase of 13.8% from the 2014 year. The company has also made a net profit of $527 million in 2015 which is a decrease of 9.6% from 2014. This company overview than goes into talking the S.W.O.T analysis of the company for the year 2015.

Read More
1650 Words | 7 Pages

The company’s revenues have steadily increased from $19.91 million in 2013 to $123.16 million in 2016 (MarketWatch,

Read More
815 Words | 4 Pages

Evaluation of other financial areas. Capital Spending: Microsoft’s high gross margin allows the company to devote more resources to better operate its core business. Microsoft’s 62 % gross margin in 2017 allowed them to commit over 13 billion dollars to research development and engineering in comparison to their 2016 12 billion dollar commitment (Microsoft Corp, 2017). Credit Rating Service: Depending on the source, MSFT credit for 2017 is being reported as AAA or AA.

Read More
747 Words | 3 Pages

Furthermore, revenues and net income for the company have grown exponentially throughout the years, especially the surge of net income from -2.4 million in 1994 to 141.7 million in

Read More
1075 Words | 5 Pages

This will encompass GE's value proposition, overall strategy, and influence in the industry. Rounding out the paper I will go over their core competences, competitive advantage, and

Read More
530 Words | 3 Pages

In 1975, Bill Gates and Paul Allen founded Micro-soft. The name of the company was later changed to Microsoft in 1976, just a year later.

Read More
1582 Words | 7 Pages

1. ABSTRACT This abstract briefly describes on the history of Micron Technologies and its products such as DRAM, NAND and NOR flash memory. Micron Technologies is the global leading company in semiconductor industry and for more than 35 years Micron has been marked its presence in semiconductor industry by innovations and transformations which contributes customer requirement and need of market. Micron technology Inc. is an American based company with its headquarters at Boise, Idaho founded as a semiconductor design consulting company.

Read More

More about The Fortune 500 Company: Micron Technology

Related Topics

Open Document