Microchip Operating Income vs Net Income From Continuing Ops Analysis

MCHP Stock  USD 92.54  1.04  1.14%   
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 Operating Income and its Net Income From Continuing Ops 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.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Microchip Technology's Operating Income and Net Income From Continuing Ops is 0.95. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops 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 Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Microchip Technology are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Microchip Technology's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.95
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from Microchip Technology operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Microchip Technology is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

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 05/14/2024, 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 Profit4.4B5.7B5.0B5.2B
Total Revenue6.8B8.4B7.6B8.0B

Microchip Technology fundamental ratios Correlations

0.960.680.890.960.840.960.820.52-0.30.990.76-0.60.960.80.970.84-0.170.650.990.30.28-0.250.670.560.37
0.960.730.790.850.750.990.660.33-0.270.970.8-0.590.850.720.990.67-0.210.740.990.220.29-0.340.480.530.19
0.680.730.550.560.630.740.34-0.18-0.290.690.25-0.460.630.60.720.4-0.110.580.710.250.13-0.340.280.56-0.36
0.890.790.550.90.80.80.830.59-0.320.860.68-0.530.930.710.760.89-0.160.480.850.350.38-0.070.660.340.46
0.960.850.560.90.850.850.930.68-0.290.940.66-0.570.990.820.870.94-0.10.510.910.360.24-0.160.820.560.53
0.840.750.630.80.850.730.730.41-0.10.80.47-0.280.840.940.760.78-0.070.550.810.70.340.030.650.560.25
0.960.990.740.80.850.730.670.35-0.390.980.8-0.670.860.690.990.68-0.190.710.980.140.21-0.40.490.530.21
0.820.660.340.830.930.730.670.85-0.310.790.55-0.570.920.660.680.98-0.040.170.740.270.23-0.220.910.460.74
0.520.33-0.180.590.680.410.350.85-0.240.490.5-0.420.630.340.350.8-0.02-0.070.430.070.1-0.080.780.20.98
-0.3-0.27-0.29-0.32-0.29-0.1-0.39-0.31-0.24-0.36-0.280.79-0.34-0.01-0.26-0.3-0.04-0.05-0.290.470.490.55-0.24-0.21-0.17
0.990.970.690.860.940.80.980.790.49-0.360.77-0.670.940.740.970.81-0.170.650.990.210.22-0.330.630.560.34
0.760.80.250.680.660.470.80.550.5-0.280.77-0.50.620.420.770.53-0.110.570.780.00.27-0.290.250.070.45
-0.6-0.59-0.46-0.53-0.57-0.28-0.67-0.57-0.420.79-0.67-0.5-0.61-0.14-0.58-0.550.08-0.18-0.60.470.270.69-0.45-0.37-0.33
0.960.850.630.930.990.840.860.920.63-0.340.940.62-0.610.80.860.94-0.160.490.910.330.26-0.190.820.580.48
0.80.720.60.710.820.940.690.660.34-0.010.740.42-0.140.80.730.69-0.060.630.760.740.320.140.650.60.19
0.970.990.720.760.870.760.990.680.35-0.260.970.77-0.580.860.730.69-0.20.730.990.230.26-0.340.520.570.21
0.840.670.40.890.940.780.680.980.8-0.30.810.53-0.550.940.690.69-0.110.240.770.320.26-0.120.890.460.68
-0.17-0.21-0.11-0.16-0.1-0.07-0.19-0.04-0.02-0.04-0.17-0.110.08-0.16-0.06-0.2-0.11-0.18-0.2-0.04-0.33-0.15-0.04-0.07-0.02
0.650.740.580.480.510.550.710.17-0.07-0.050.650.57-0.180.490.630.730.24-0.180.70.310.070.150.090.4-0.17
0.990.990.710.850.910.810.980.740.43-0.290.990.78-0.60.910.760.990.77-0.20.70.270.3-0.290.570.540.28
0.30.220.250.350.360.70.140.270.070.470.210.00.470.330.740.230.32-0.040.310.270.520.540.30.250.0
0.280.290.130.380.240.340.210.230.10.490.220.270.270.260.320.260.26-0.330.070.30.520.180.09-0.110.11
-0.25-0.34-0.34-0.07-0.160.03-0.4-0.22-0.080.55-0.33-0.290.69-0.190.14-0.34-0.12-0.150.15-0.290.540.18-0.11-0.23-0.02
0.670.480.280.660.820.650.490.910.78-0.240.630.25-0.450.820.650.520.89-0.040.090.570.30.09-0.110.670.67
0.560.530.560.340.560.560.530.460.2-0.210.560.07-0.370.580.60.570.46-0.070.40.540.25-0.11-0.230.670.07
0.370.19-0.360.460.530.250.210.740.98-0.170.340.45-0.330.480.190.210.68-0.02-0.170.280.00.11-0.020.670.07
Click cells to compare fundamentals

Microchip Technology Account Relationship Matchups

Microchip Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4B16.5B16.2B16.4B15.9B16.7B
Short Long Term Debt Total9.5B8.9B7.7B6.4B6.0B6.3B
Other Current Liab787.3M781.8M794.3M947.3M1.2B0.0
Total Current Liabilities1.6B2.4B1.4B3.1B2.5B2.6B
Total Stockholder Equity5.6B5.3B5.9B6.5B6.7B7.0B
Property Plant And Equipment Net876.1M854.7M967.9M1.2B1.2B651.3M
Net Debt9.1B8.6B7.4B6.2B5.7B6.0B
Retained Earnings3.4B3.4B4.2B5.8B6.6B7.0B
Accounts Payable246.8M292.4M344.7M396.9M1.5B1.6B
Cash401M280M317.4M234M319.7M413.5M
Non Current Assets Total15.2B14.3B13.7B13.3B12.9B13.5B
Non Currrent Assets Other14.3B13.5B265.2M457.2M11.7B12.2B
Cash And Short Term Investments403M282M319.4M234M319.7M303.7M
Net Receivables934M997.7M1.1B1.3B1.1B1.2B
Common Stock Shares Outstanding512.4M541.2M565.9M557.3M548M469.3M
Liabilities And Stockholders Equity17.4B16.5B16.2B16.4B15.9B16.7B
Non Current Liabilities Total10.2B8.7B8.9B6.7B6.7B7.0B
Inventory685.7M665M854.4M1.3B1.3B1.4B
Other Current Assets194.5M200.5M206.2M205.1M233.6M232.5M
Other Stockholder Equity2.2B2.0B1.7B753.1M866.1M781.8M
Total Liab11.8B11.1B10.3B9.9B9.2B9.7B
Total Current Assets2.2B2.1B2.5B3.1B3.0B1.6B
Short Term Debt608.8M1.3B33.8M1.4B999.4M1.0B
Property Plant And Equipment Gross995.6M1.0B3.6B1.2B1.4B824.9M
Accumulated Other Comprehensive Income(21.6M)(26.2M)(20.6M)(4.1M)(4.7M)(5.0M)
Other Liab1.2B1.2B1.2B1.6B1.8B1.9B
Other Assets1.8B13.5B12.8B1.9B2.2B1.5B
Treasury Stock(500.6M)(433.8M)(796.3M)(1.7B)(1.5B)(1.4B)
Property Plant Equipment876.1M854.7M967.9M1.2B1.4B757.0M
Good Will6.7B6.7B6.7B6.7B7.7B8.1B
Short Term Investments1.3B2.3M2M0.0639.4M429.7M
Intangible Assets5.7B4.8B4.0B3.4B3.9B4.1B
Long Term Debt8.9B7.6B7.7B5.0B5.8B3.6B
Net Tangible Assets(6.8B)(6.1B)5.9B(160M)(144M)(151.2M)
Retained Earnings Total Equity3.4B3.4B4.2B5.8B6.6B7.0B
Long Term Debt Total8.9B7.6B7.7B5.0B5.8B3.9B

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When determining whether Microchip Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Microchip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Microchip Technology Stock. Highlighted below are key reports to facilitate an investment decision about Microchip Technology Stock:
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.
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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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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.