Microchip Technology Inc financial data

Symbol
MCHP on Nasdaq
Industry
Semiconductors & Related Devices
Location
2355 W Chandler Blvd, Chandler, Arizona
State of incorporation
Delaware
Fiscal year end
March 31
Latest financial report
Q1 2024 - May 23, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 105 % -18.3%
Quick Ratio 42.5 % -16%
Return On Assets 11.8 % -14.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 537M shares -1.37%
Common Stock, Shares, Outstanding 537M shares -1.61%
Entity Public Float 41.4B USD +25.8%
Common Stock, Value, Issued 500K USD 0%
Weighted Average Number of Shares Outstanding, Basic 542M shares -1.53%
Weighted Average Number of Shares Outstanding, Diluted 548M shares -1.67%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 7.63B USD -9.53%
Cost of Revenue 2.64B USD -3.73%
Research and Development Expense 1.1B USD -1.87%
Operating Income (Loss) 2.57B USD -17.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.37B USD -18.7%
Income Tax Expense (Benefit) 459M USD -31.7%
Net Income (Loss) Attributable to Parent 1.91B USD -14.8%
Earnings Per Share, Basic 3.52 USD/shares -13.5%
Earnings Per Share, Diluted 3.48 USD/shares -13.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 320M USD +36.6%
Accounts Receivable, after Allowance for Credit Loss, Current 1.14B USD -12.4%
Inventory, Net 1.32B USD -0.67%
Other Assets, Current 234M USD +13.9%
Assets, Current 3.01B USD -1.83%
Deferred Income Tax Assets, Net 1.6B USD -1.65%
Property, Plant and Equipment, Net 1.19B USD +1.42%
Operating Lease, Right-of-Use Asset 156M USD +1.49%
Intangible Assets, Net (Excluding Goodwill) 2.78B USD -17.4%
Goodwill 6.68B USD +0.03%
Other Assets, Noncurrent 612M USD +33.8%
Assets 15.9B USD -3.04%
Accounts Payable, Current 213M USD -46.3%
Accrued Liabilities, Current 1.31B USD -1.25%
Liabilities, Current 2.52B USD -19.2%
Accrued Income Taxes, Noncurrent 649M USD -8.01%
Deferred Income Tax Liabilities, Net 28.8M USD -32.6%
Operating Lease, Liability, Noncurrent 129M USD +0.08%
Other Liabilities, Noncurrent 1.02B USD +7.34%
Accumulated Other Comprehensive Income (Loss), Net of Tax -3.5M USD +14.6%
Retained Earnings (Accumulated Deficit) 6.76B USD +17.3%
Stockholders' Equity Attributable to Parent 6.66B USD +2.21%
Liabilities and Equity 15.9B USD -3.04%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.89B USD -20.1%
Net Cash Provided by (Used in) Financing Activities -2.41B USD +22.2%
Net Cash Provided by (Used in) Investing Activities -392M USD +34.6%
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 85.7M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 320M USD +36.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 191M USD +5.34%
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 190M USD -22.2%
Payments to Acquire Property, Plant, and Equipment 285M USD -41.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.91B USD -15.4%
Lessee, Operating Lease, Liability, to be Paid 186M USD -2.26%
Property, Plant and Equipment, Gross 4.01B USD +4.81%
Operating Lease, Liability, Current 32.6M USD +3.49%
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) -27.2M USD -113%
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
Deferred Federal Income Tax Expense (Benefit) -106M USD -298%
Current Income Tax Expense (Benefit) 486M USD +4.22%
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%
Operating Lease, Payments 39M USD -1.76%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 20M USD +300%
Current Federal Tax Expense (Benefit) 348M USD -10.8%
Amortization of Intangible Assets 689M USD -8.57%
Depreciation, Depletion and Amortization 880M USD -11.9%
Deferred Tax Assets, Net of Valuation Allowance 1.66B USD +2.82%
Share-based Payment Arrangement, Expense 178M USD +4.17%
Deferred State and Local Income Tax Expense (Benefit) -12.3M USD -367%
Interest Expense 198M USD -2.75%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%