Microchip Technology Inc financial data

Symbol
MCHP on Nasdaq
Industry
Semiconductors & Related Devices
Location
2355 W Chandler Blvd, Chandler, AZ
State of incorporation
Delaware
Fiscal year end
March 31
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 118 % +4.67%
Quick Ratio 49 % +5.83%
Return On Assets 8.5 % -42.2%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 537M shares -1.44%
Common Stock, Shares, Outstanding 537M shares -1.44%
Entity Public Float 41.4B USD +25.8%
Common Stock, Value, Issued 500K USD 0%
Weighted Average Number of Shares Outstanding, Basic 537M shares -1.54%
Weighted Average Number of Shares Outstanding, Diluted 543M shares -1.56%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 6.59B USD -24.8%
Cost of Revenue 2.41B USD -14.4%
Research and Development Expense 1.04B USD -9.34%
Operating Income (Loss) 1.89B USD -43.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 1.68B USD -46%
Income Tax Expense (Benefit) 310M USD -56.7%
Net Income (Loss) Attributable to Parent 1.37B USD -42.9%
Earnings Per Share, Basic 2.54 USD/shares -41.9%
Earnings Per Share, Diluted 2.51 USD/shares -42%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 315M USD +16.2%
Accounts Receivable, after Allowance for Credit Loss, Current 1.1B USD -25.2%
Inventory, Net 1.31B USD -2.13%
Other Assets, Current 229M USD +16.4%
Assets, Current 2.95B USD -9.83%
Deferred Income Tax Assets, Net 1.6B USD -0.2%
Property, Plant and Equipment, Net 1.2B USD +0.89%
Operating Lease, Right-of-Use Asset 156M USD +1.49%
Intangible Assets, Net (Excluding Goodwill) 2.78B USD -14.7%
Goodwill 6.68B USD +0.1%
Other Assets, Noncurrent 637M USD +25.6%
Assets 15.8B USD -3.97%
Accounts Payable, Current 196M USD -30.2%
Employee-related Liabilities, Current 132M USD
Accrued Liabilities, Current 1.32B USD -14%
Liabilities, Current 1.52B USD -52.8%
Accrued Income Taxes, Noncurrent 656M USD -8.81%
Deferred Income Tax Liabilities, Net 32.2M USD -23.9%
Operating Lease, Liability, Noncurrent 129M USD +0.08%
Other Liabilities, Noncurrent 1.06B USD +0.71%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.7M USD +15.9%
Retained Earnings (Accumulated Deficit) 6.65B USD +6.83%
Stockholders' Equity Attributable to Parent 6.41B USD -6.23%
Liabilities and Equity 15.8B USD -3.97%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 377M USD -62%
Net Cash Provided by (Used in) Financing Activities -256M USD +68.6%
Net Cash Provided by (Used in) Investing Activities -126M USD +10.9%
Common Stock, Shares Authorized 900M shares 0%
Common Stock, Shares, Issued 578M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -4.6M USD -112%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 315M USD +16.2%
Deferred Tax Assets, Valuation Allowance 271M USD -9.55%
Deferred Tax Assets, Gross 1.93B USD +0.88%
Operating Lease, Liability 161M USD +0.75%
Depreciation 183M USD -18.2%
Payments to Acquire Property, Plant, and Equipment 72.9M USD -34.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.37B USD -43.1%
Lessee, Operating Lease, Liability, to be Paid 186M USD -2.26%
Property, Plant and Equipment, Gross 4.05B USD +4.33%
Operating Lease, Liability, Current 35M USD +10.4%
Lessee, Operating Lease, Liability, to be Paid, Year Two 37.6M USD +7.43%
Lessee, Operating Lease, Liability, to be Paid, Year One 41.4M USD +1.22%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -8.1M USD -134%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 24.4M USD -18.4%
Lessee, Operating Lease, Liability, to be Paid, Year Three 33.1M USD +4.42%
Deferred Tax Assets, Operating Loss Carryforwards 64.8M USD -12.3%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 792M USD -6.56%
Lessee, Operating Lease, Liability, to be Paid, Year Four 23.5M USD -9.27%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 662M USD -10.3%
Depreciation, Depletion and Amortization 189M USD -15.3%
Deferred Tax Assets, Net of Valuation Allowance 1.66B USD +2.82%
Share-based Payment Arrangement, Expense 177M USD +1.9%
Interest Expense 213M USD +6.03%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%