Microchip Non Current Assets Total vs Net Debt Analysis
MCHP Stock | USD 96.49 2.16 2.29% |
Microchip Technology financial indicator trend analysis is infinitely more than just investigating Microchip Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Microchip Technology is a good investment. Please check the relationship between Microchip Technology Non Current Assets Total and its Net Debt accounts. 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 tightly coupled 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.
Non Current Assets Total vs Net Debt
Non Current Assets Total vs Net Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Non Current Assets Total account and Net Debt. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Microchip Technology's Non Current Assets Total and Net Debt is 0.98. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Net Debt in the same time period over historical financial statements of Microchip Technology, assuming nothing else is changed. The correlation between historical values of Microchip Technology's Non Current Assets Total and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Microchip Technology are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Non Current Assets Total i.e., Microchip Technology's Non Current Assets Total and Net Debt go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Net Debt
The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.Most indicators from Microchip Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 tightly coupled 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 Selling General Administrative is relatively stable compared to the past year. As of 05/20/2024, Tax Provision is likely to grow to about 811.4 M, while Enterprise Value Over EBITDA is likely to drop 13.06.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.4B | 5.7B | 5.0B | 5.2B | Total Revenue | 6.8B | 8.4B | 7.6B | 8.0B |
Microchip Technology fundamental ratios Correlations
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Microchip Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Microchip Technology fundamental ratios 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 | 787.3M | 781.8M | 794.3M | 947.3M | 1.2B | 0.0 | |
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 | 1.2B | 651.3M | |
Net Debt | 9.1B | 8.6B | 7.4B | 6.2B | 5.7B | 6.0B | |
Retained Earnings | 3.4B | 3.4B | 4.2B | 5.8B | 6.6B | 7.0B | |
Accounts Payable | 246.8M | 292.4M | 344.7M | 396.9M | 1.5B | 1.6B | |
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 | 11.7B | 12.2B | |
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 | 866.1M | 781.8M | |
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 | 1.3B | 33.8M | 1.4B | 999.4M | 536.6M | |
Property Plant And Equipment Gross | 995.6M | 1.0B | 3.6B | 1.2B | 1.4B | 824.9M | |
Accumulated Other Comprehensive Income | (21.6M) | (26.2M) | (20.6M) | (4.1M) | (4.7M) | (5.0M) | |
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 | 7.7B | 8.1B | |
Short Term Investments | 1.3B | 2.3M | 2M | 0.0 | 639.4M | 429.7M | |
Intangible Assets | 5.7B | 4.8B | 4.0B | 3.4B | 3.9B | 4.1B | |
Long Term Debt | 8.9B | 7.6B | 7.7B | 5.0B | 5.8B | 3.6B | |
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 |
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Try AI Portfolio ArchitectCheck 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 tightly coupled 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.Note that the Microchip Technology information on this page should be used as a complementary analysis to other Microchip Technology's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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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.
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Is Microchip Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Microchip Technology. If investors know Microchip will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Microchip Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 1.682 | Earnings Share 3.48 | Revenue Per Share 14.086 | Quarterly Revenue Growth (0.41) |
The market value of Microchip Technology is measured differently than its book value, which is the value of Microchip that is recorded on the company's balance sheet. Investors also form their own opinion of Microchip Technology's value that differs from its market value or its book value, called intrinsic value, which is Microchip Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Microchip Technology's market value can be influenced by many factors that don't directly affect Microchip Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Microchip Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Microchip Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Microchip Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.