Microchip Historical Balance Sheet
MCHP Stock | USD 66.28 0.23 0.35% |
Trend analysis of Microchip Technology balance sheet accounts such as Total Current Liabilities of 2.6 B provides information on Microchip Technology's total assets, liabilities, and equity, which is the actual value of Microchip Technology to its prevalent stockholders. By breaking down trends over time using Microchip Technology balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Microchip Technology latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Microchip Technology is a good buy for the upcoming year.
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About Microchip Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Microchip Technology at a specified time, usually calculated after every quarter, six months, or one year. Microchip Technology Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Microchip Technology and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Microchip currently owns. An asset can also be divided into two categories, current and non-current.
Microchip Technology Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Microchip Technology assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Microchip Technology books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Microchip Technology balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Microchip Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Microchip Technology's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Microchip Technology current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Microchip Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Microchip Stock, please use our How to Invest in Microchip Technology guide.At this time, Microchip Technology's Retained Earnings are relatively stable compared to the past year. As of 11/22/2024, Cash is likely to grow to about 413.5 M, while Cash And Short Term Investments are likely to drop slightly above 303.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 7.7B | 6.4B | 6.0B | 6.3B | Total Assets | 16.2B | 16.4B | 15.9B | 16.7B |
Microchip Technology balance sheet Correlations
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Microchip Technology Account Relationship Matchups
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High Negative Relationship
Microchip Technology balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 17.4B | 16.5B | 16.2B | 16.4B | 15.9B | 16.7B | |
Short Long Term Debt Total | 9.5B | 8.9B | 7.7B | 6.4B | 6.0B | 6.3B | |
Other Current Liab | 781.8M | 711.1M | 947.3M | 464.9M | 921.8M | 967.9M | |
Total Current Liabilities | 1.6B | 2.4B | 1.4B | 3.1B | 2.5B | 2.6B | |
Total Stockholder Equity | 5.6B | 5.3B | 5.9B | 6.5B | 6.7B | 7.0B | |
Property Plant And Equipment Net | 876.1M | 854.7M | 967.9M | 1.2B | 1.4B | 1.4B | |
Net Debt | 9.1B | 8.6B | 7.4B | 6.2B | 5.7B | 6.0B | |
Retained Earnings | 3.4B | 3.4B | 4.2B | 5.8B | 6.8B | 7.1B | |
Accounts Payable | 246.8M | 292.4M | 344.7M | 396.9M | 213M | 123.0M | |
Cash | 401M | 280M | 317.4M | 234M | 319.7M | 413.5M | |
Non Current Assets Total | 15.2B | 14.3B | 13.7B | 13.3B | 12.9B | 13.5B | |
Non Currrent Assets Other | 14.3B | 13.5B | 265.2M | 457.2M | 455.6M | 432.8M | |
Cash And Short Term Investments | 403M | 282M | 319.4M | 234M | 319.7M | 303.7M | |
Net Receivables | 934M | 997.7M | 1.1B | 1.3B | 1.1B | 1.2B | |
Common Stock Shares Outstanding | 512.4M | 541.2M | 565.9M | 557.3M | 548M | 469.3M | |
Liabilities And Stockholders Equity | 17.4B | 16.5B | 16.2B | 16.4B | 15.9B | 16.7B | |
Non Current Liabilities Total | 10.2B | 8.7B | 8.9B | 6.7B | 6.7B | 7.0B | |
Inventory | 685.7M | 665M | 854.4M | 1.3B | 1.3B | 1.4B | |
Other Current Assets | 194.5M | 200.5M | 206.2M | 205.1M | 233.6M | 232.5M | |
Other Stockholder Equity | 2.2B | 2.0B | 1.7B | 753.1M | (98.7M) | (93.8M) | |
Total Liab | 11.8B | 11.1B | 10.3B | 9.9B | 9.2B | 9.7B | |
Total Current Assets | 2.2B | 2.1B | 2.5B | 3.1B | 3.0B | 1.6B | |
Short Term Debt | 608.8M | 1.4B | 33.8M | 1.4B | 1.0B | 541.1M | |
Property Plant And Equipment Gross | 995.6M | 1.0B | 3.6B | 1.2B | 4.0B | 4.2B | |
Accumulated Other Comprehensive Income | (21.6M) | (26.2M) | (20.6M) | (4.1M) | (3.5M) | (3.7M) | |
Other Liab | 1.2B | 1.2B | 1.2B | 1.6B | 1.8B | 1.9B | |
Other Assets | 1.8B | 13.5B | 12.8B | 1.9B | 2.2B | 1.5B | |
Treasury Stock | (500.6M) | (433.8M) | (796.3M) | (1.7B) | (1.5B) | (1.4B) | |
Property Plant Equipment | 876.1M | 854.7M | 967.9M | 1.2B | 1.4B | 757.0M | |
Good Will | 6.7B | 6.7B | 6.7B | 6.7B | 6.7B | 7.0B | |
Short Term Investments | 1.3B | 2.3M | 2M | 0.0 | 639.4M | 429.7M | |
Intangible Assets | 5.7B | 4.8B | 4.0B | 3.4B | 2.8B | 1.7B | |
Long Term Debt | 8.9B | 7.6B | 7.7B | 5.0B | 5.0B | 3.7B | |
Net Tangible Assets | (6.8B) | (6.1B) | 5.9B | (160M) | (144M) | (151.2M) | |
Retained Earnings Total Equity | 3.4B | 3.4B | 4.2B | 5.8B | 6.6B | 7.0B | |
Long Term Debt Total | 8.9B | 7.6B | 7.7B | 5.0B | 5.8B | 3.9B |
Pair Trading with Microchip Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Microchip Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Microchip Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Microchip Stock
Moving against Microchip Stock
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The ability to find closely correlated positions to Microchip Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microchip Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microchip Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microchip Technology to buy it.
The correlation of Microchip Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microchip Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microchip Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microchip Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Microchip Stock Analysis
When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.