Microchip Depreciation And Amortization vs Other Operating Expenses Analysis

0K19 Stock

57.68 1.52 2.57%

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 Depreciation And Amortization and its Other Operating Expenses accounts. Check out Trending Equities 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 board of governors.

For more information on how to buy Microchip Stock please use our How to Invest in Microchip Technology guide.

Depreciation And Amortization vs Other Operating Expenses

Depreciation And Amortization vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Depreciation And Amortization account and Other Operating Expenses. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Microchip Technology's Depreciation And Amortization and Other Operating Expenses is 0.94. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Other Operating Expenses 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 Depreciation And Amortization and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Microchip Technology are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Depreciation And Amortization i.e., Microchip Technology's Depreciation And Amortization and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.94

Relationship Direction	Positive
Relationship Strength	Very Strong

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Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Microchip Technology. It is also known as Microchip Technology overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

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 Trending Equities 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 board of governors.

For more information on how to buy Microchip Stock please use our How to Invest in Microchip Technology guide.Selling General Administrative is likely to gain to about 736.9 M in 2025, whereas Tax Provision is likely to drop (9.4 M) in 2025.

	2022	2023	2024	2025 (projected)
Total Revenue	8.4B	7.6B	8.8B	9.2B
Depreciation And Amortization	998.4M	879.5M	1.0B	1.1B

Total Revenue Depreciation And Amortization

Microchip Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Short Term Investments	Intangible Assets
Total Assets		0.96	0.87	0.9	0.96	0.87	0.95	0.83	0.9	-0.31	0.99	0.49	-0.62	0.96	0.79	0.96	0.86	0.79	0.24	0.99	0.53	0.77	0.07	0.73	-0.48	0.83
Short Long Term Debt Total	0.96		0.81	0.79	0.84	0.7	0.99	0.65	0.85	-0.29	0.97	0.69	-0.61	0.85	0.7	0.99	0.68	0.66	0.44	0.99	0.35	0.72	-0.15	0.53	-0.62	0.94
Other Current Liab	0.87	0.81		0.71	0.87	0.79	0.83	0.86	0.71	-0.42	0.88	0.29	-0.77	0.85	0.57	0.83	0.82	0.77	-0.1	0.84	0.3	0.52	-0.04	0.75	-0.59	0.64
Total Current Liabilities	0.9	0.79	0.71		0.92	0.89	0.8	0.85	0.83	-0.33	0.88	0.34	-0.55	0.94	0.73	0.77	0.9	0.74	0.07	0.87	0.6	0.94	0.27	0.72	-0.23	0.64
Total Stockholder Equity	0.96	0.84	0.87	0.92		0.96	0.84	0.94	0.87	-0.31	0.94	0.25	-0.58	0.99	0.82	0.86	0.96	0.86	0.03	0.91	0.64	0.74	0.27	0.86	-0.33	0.66
Property Plant And Equipment Net	0.87	0.7	0.79	0.89	0.96		0.7	0.96	0.74	-0.18	0.83	0.09	-0.42	0.93	0.8	0.73	0.97	0.87	-0.14	0.8	0.77	0.71	0.47	0.87	-0.14	0.49
Net Debt	0.95	0.99	0.83	0.8	0.84	0.7		0.66	0.85	-0.41	0.98	0.68	-0.68	0.85	0.68	0.99	0.69	0.68	0.41	0.98	0.29	0.72	-0.18	0.54	-0.62	0.94
Retained Earnings	0.83	0.65	0.86	0.85	0.94	0.96	0.66		0.72	-0.31	0.8	0.0	-0.57	0.92	0.69	0.68	0.99	0.85	-0.3	0.75	0.64	0.65	0.37	0.91	-0.2	0.41
Accounts Payable	0.9	0.85	0.71	0.83	0.87	0.74	0.85	0.72		-0.35	0.89	0.33	-0.6	0.91	0.79	0.85	0.78	0.69	0.31	0.88	0.46	0.67	-0.04	0.76	-0.43	0.75
Cash	-0.31	-0.29	-0.42	-0.33	-0.31	-0.18	-0.41	-0.31	-0.35		-0.38	-0.17	0.79	-0.35	-0.06	-0.28	-0.31	-0.4	0.06	-0.3	0.34	-0.27	0.31	-0.26	0.16	-0.3
Non Current Assets Total	0.99	0.97	0.88	0.88	0.94	0.83	0.98	0.8	0.89	-0.38		0.53	-0.69	0.94	0.75	0.97	0.82	0.76	0.27	0.99	0.43	0.76	-0.01	0.69	-0.56	0.86
Non Currrent Assets Other	0.49	0.69	0.29	0.34	0.25	0.09	0.68	0.0	0.33	-0.17	0.53		-0.3	0.26	0.24	0.64	0.02	0.18	0.71	0.6	-0.11	0.49	-0.47	-0.22	-0.52	0.8
Cash And Short Term Investments	-0.62	-0.61	-0.77	-0.55	-0.58	-0.42	-0.68	-0.57	-0.6	0.79	-0.69	-0.3		-0.63	-0.21	-0.6	-0.56	-0.44	0.03	-0.62	0.23	-0.43	0.33	-0.47	0.65	-0.56
Net Receivables	0.96	0.85	0.85	0.94	0.99	0.93	0.85	0.92	0.91	-0.35	0.94	0.26	-0.63		0.8	0.86	0.95	0.82	0.06	0.92	0.6	0.78	0.21	0.86	-0.36	0.67
Common Stock Shares Outstanding	0.79	0.7	0.57	0.73	0.82	0.8	0.68	0.69	0.79	-0.06	0.75	0.24	-0.21	0.8		0.72	0.72	0.75	0.26	0.76	0.74	0.59	0.28	0.71	-0.09	0.63
Non Current Liabilities Total	0.96	0.99	0.83	0.77	0.86	0.73	0.99	0.68	0.85	-0.28	0.97	0.64	-0.6	0.86	0.72		0.69	0.68	0.42	0.99	0.37	0.67	-0.13	0.57	-0.62	0.93
Inventory	0.86	0.68	0.82	0.9	0.96	0.97	0.69	0.99	0.78	-0.31	0.82	0.02	-0.56	0.95	0.72	0.69		0.82	-0.23	0.78	0.66	0.72	0.4	0.9	-0.19	0.46
Other Current Assets	0.79	0.66	0.77	0.74	0.86	0.87	0.68	0.85	0.69	-0.4	0.76	0.18	-0.44	0.82	0.75	0.68	0.82		-0.07	0.73	0.62	0.56	0.22	0.78	-0.05	0.48
Other Stockholder Equity	0.24	0.44	-0.1	0.07	0.03	-0.14	0.41	-0.3	0.31	0.06	0.27	0.71	0.03	0.06	0.26	0.42	-0.23	-0.07		0.35	-0.09	0.16	-0.34	-0.26	-0.36	0.63
Total Liab	0.99	0.99	0.84	0.87	0.91	0.8	0.98	0.75	0.88	-0.3	0.99	0.6	-0.62	0.92	0.76	0.99	0.78	0.73	0.35		0.45	0.76	-0.03	0.64	-0.55	0.89
Total Current Assets	0.53	0.35	0.3	0.6	0.64	0.77	0.29	0.64	0.46	0.34	0.43	-0.11	0.23	0.6	0.74	0.37	0.66	0.62	-0.09	0.45		0.49	0.68	0.64	0.31	0.15
Short Term Debt	0.77	0.72	0.52	0.94	0.74	0.71	0.72	0.65	0.67	-0.27	0.76	0.49	-0.43	0.78	0.59	0.67	0.72	0.56	0.16	0.76	0.49		0.22	0.45	-0.17	0.62
Current Deferred Revenue	0.07	-0.15	-0.04	0.27	0.27	0.47	-0.18	0.37	-0.04	0.31	-0.01	-0.47	0.33	0.21	0.28	-0.13	0.4	0.22	-0.34	-0.03	0.68	0.22		0.37	0.5	-0.31
Common Stock	0.73	0.53	0.75	0.72	0.86	0.87	0.54	0.91	0.76	-0.26	0.69	-0.22	-0.47	0.86	0.71	0.57	0.9	0.78	-0.26	0.64	0.64	0.45	0.37		-0.15	0.3
Short Term Investments	-0.48	-0.62	-0.59	-0.23	-0.33	-0.14	-0.62	-0.2	-0.43	0.16	-0.56	-0.52	0.65	-0.36	-0.09	-0.62	-0.19	-0.05	-0.36	-0.55	0.31	-0.17	0.5	-0.15		-0.64
Intangible Assets	0.83	0.94	0.64	0.64	0.66	0.49	0.94	0.41	0.75	-0.3	0.86	0.8	-0.56	0.67	0.63	0.93	0.46	0.48	0.63	0.89	0.15	0.62	-0.31	0.3	-0.64

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Microchip Technology Account Relationship Matchups

Microchip Technology fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	16.5B	16.2B	16.4B	15.9B	18.3B	19.2B
Short Long Term Debt Total	8.9B	7.7B	6.4B	6.0B	6.9B	7.3B
Other Current Liab	711.1M	825.8M	464.9M	921.8M	1.1B	1.1B
Total Current Liabilities	2.4B	1.4B	3.1B	2.5B	2.9B	3.0B
Total Stockholder Equity	5.3B	5.9B	6.5B	6.7B	7.7B	8.0B
Property Plant And Equipment Net	854.7M	967.9M	1.2B	1.4B	1.6B	1.6B
Net Debt	8.6B	7.4B	6.2B	5.7B	6.6B	6.9B
Retained Earnings	3.4B	4.2B	5.8B	6.8B	7.8B	8.2B
Accounts Payable	292.4M	344.7M	396.9M	213M	245.0M	257.2M
Cash	280M	317.4M	234M	319.7M	367.7M	413.5M
Non Current Assets Total	14.3B	13.7B	13.3B	12.9B	14.8B	15.5B
Non Currrent Assets Other	13.5B	265.2M	457.2M	455.6M	523.9M	497.7M
Cash And Short Term Investments	282M	319.4M	234M	319.7M	367.7M	349.3M
Net Receivables	997.7M	1.1B	1.3B	1.1B	1.3B	1.4B
Common Stock Shares Outstanding	541.2M	565.9M	557.3M	548M	630.2M	469.3M
Liabilities And Stockholders Equity	16.5B	16.2B	16.4B	15.9B	18.3B	19.2B
Non Current Liabilities Total	8.7B	8.9B	6.7B	6.7B	7.7B	8.1B
Inventory	665M	854.4M	1.3B	1.3B	1.5B	1.6B
Other Current Assets	200.5M	206.2M	205.1M	233.6M	268.6M	282.1M
Other Stockholder Equity	2.0B	1.7B	753.1M	(98.7M)	(113.5M)	(107.8M)
Total Liab	11.1B	10.3B	9.9B	9.2B	10.6B	11.1B
Total Current Assets	2.1B	2.5B	3.1B	3.0B	3.5B	3.6B
Short Term Debt	1.4B	33.8M	1.4B	1.0B	1.2B	1.2B
Current Deferred Revenue	43.4M	73.2M	121.4M	261.8M	301.1M	316.1M
Accumulated Other Comprehensive Income	(26.2M)	(20.6M)	(4.1M)	(3.5M)	(4.0M)	(4.2M)
Intangible Assets	4.8B	4.0B	3.4B	2.8B	3.2B	1.7B
Good Will	6.7B	6.7B	6.7B	6.7B	7.7B	8.1B
Other Assets	1.0	2.0	1.9B	1.9B	2.2B	2.3B
Property Plant Equipment	995.6M	1.0B	1.1B	1.3B	1.5B	1.1B
Other Liab	1.2B	1.0B	1.1B	1.6B	1.4B	1.0B
Net Tangible Assets	(6.8B)	(6.1B)	(4.8B)	(3.5B)	(3.2B)	(3.3B)

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Microchip Depreciation And Amortization vs Other Operating Expenses Analysis

Depreciation And Amortization vs Other Operating Expenses

Depreciation And Amortization vs Other Operating Expenses Correlation Analysis

Correlation Coefficient

Depreciation And Amortization

Other Operating Expenses

Microchip Technology fundamental ratios Correlations

Microchip Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microchip Technology fundamental ratios Accounts

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Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.77	Other Current Liab
Cash And Short Term Investments	- 0.69	Non Current Assets Total
Cash And Short Term Investments	- 0.68	Net Debt
Intangible Assets	- 0.64	Short Term Investments
Net Receivables	- 0.63	Cash And Short Term Investments
Short Term Investments	- 0.62	Non Current Liabilities Total