Microchip Non Currrent Assets Other vs Cash And Short Term Investments 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 Non Currrent Assets Other and its Cash And Short Term Investments 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.

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Non Currrent Assets Other account and Cash And Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Microchip Technology's Non Currrent Assets Other and Cash And Short Term Investments is -0.3. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Cash And Short Term Investments 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 Currrent Assets Other and Cash And Short Term Investments 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 Currrent Assets Other of Microchip Technology are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Non Currrent Assets Other i.e., Microchip Technology's Non Currrent Assets Other and Cash And Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

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Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Microchip Technology balance sheet. This account contains Microchip Technology investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Microchip Technology fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

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 Non Currrent Assets Other vs Cash And Short Term Investments Analysis

Non Currrent Assets Other vs Cash And Short Term Investments

Non Currrent Assets Other vs Cash And Short Term Investments Correlation Analysis

Correlation Coefficient

Non Currrent Assets Other

Cash And Short Term Investments

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