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Microchip Technology (MCHP)

(Real Time Quote from BATS)

$91.11 USD

91.11
5,818,675

+2.34 (2.64%)

Updated Jul 22, 2024 09:30 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 38% (96 out of 250)

Industry: Semiconductor - Analog and Mixed

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Balance Sheet

Research for MCHP

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Microchip Technology Incorporated falls in the month of March.

All items in Millions except Per Share data.

3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Assets          
Cash & Equivalents 320 234 319 282 403
Receivables 1,144 1,305 1,073 998 934
Notes Receivable 0 0 0 0 0
Inventories 1,316 1,325 854 665 686
Other Current Assets 234 205 206 201 195
Total Current Assets 3,013 3,069 2,453 2,145 2,217
Net Property & Equipment 1,195 1,178 968 855 876
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 1,597 1,623 1,797 1,749 1,749
Intangibles 9,457 10,043 10,717 11,465 12,367
Deposits & Other Assets 612 457 265 264 217
Total Assets 15,873 16,370 16,200 16,479 17,426
Liabilities & Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Notes Payable 0 1,398 0 1,323 0
Accounts Payable 213 397 345 292 247
Current Portion Long-Term Debt 999 0 0 0 609
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,307 1,324 1,054 794 782
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 2,519 3,119 1,399 2,410 1,637
Mortgages 0 0 0 0 0
Deferred Taxes/Income 29 43 40 44 319
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,000 5,042 7,687 7,581 8,873
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,667 1,654 1,179 1,107 1,011
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9,215 9,857 10,305 11,142 11,841
Shareholders Equity 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020
Preferred Stock 0 0 0 0 0
Common Stock (Par) 1 1 1 0 0
Capital Surplus 2,483 2,413 2,536 2,403 2,675
Retained Earnings 6,760 5,764 4,175 3,394 3,432
Other Equity -4 -4 -21 -26 -22
Treasury Stock 2,582 1,660 796 434 501
Total Shareholder's Equity 6,658 6,514 5,895 5,337 5,586
Total Liabilities & Shareholder's Equity 15,873 16,370 16,200 16,479 17,426
Total Common Equity 6,658 6,514 5,895 5,337 5,586
Shares Outstanding 540.40 547.80 555.90 538.50 479.00
Book Value Per Share 12.32 11.89 10.60 9.91 11.66

Fiscal Year End for Microchip Technology Incorporated falls in the month of March.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 320 281 257 271
Receivables NA 1,144 1,398 1,706 1,465
Notes Receivable NA 0 0 0 0
Inventories NA 1,316 1,311 1,331 1,336
Other Current Assets NA 234 229 233 197
Total Current Assets NA 3,013 3,220 3,526 3,270
Net Property & Equipment NA 1,195 1,208 1,207 1,186
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 1,597 1,538 1,576 1,604
Intangibles NA 9,457 9,612 9,764 9,928
Deposits & Other Assets NA 612 565 528 507
Total Assets NA 15,873 16,143 16,601 16,495
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 1,399
Accounts Payable NA 213 242 284 281
Current Portion Long-Term Debt NA 999 1,662 1,661 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,307 1,389 1,468 1,540
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 2,519 3,293 3,413 3,220
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 29 33 34 42
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 5,000 4,033 4,415 4,632
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,703 1,772 1,769
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 9,215 9,063 9,633 9,663
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 1 1 1 1
Capital Surplus NA 2,483 2,446 2,415 2,400
Retained Earnings NA 6,760 6,847 6,666 6,222
Other Equity NA -4 -5 -3 -4
Treasury Stock NA 2,582 2,209 2,109 1,787
Total Shareholder's Equity NA 6,658 7,080 6,969 6,831
Total Liabilities & Shareholder's Equity NA 15,873 16,143 16,601 16,495
Total Common Equity 0 6,658 7,080 6,969 6,831
Shares Outstanding 536.80 540.40 540.30 541.00 544.30
Book Value Per Share 0.00 12.32 13.10 12.88 12.55