Microchip Property Plant Equipment vs Total Revenue Analysis

0K19 Stock   59.07  0.58  0.97%   
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 Property Plant Equipment and its Total Revenue 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.

Property Plant Equipment vs Total Revenue

Property Plant Equipment vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Property Plant Equipment account and Total Revenue. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Microchip Technology's Property Plant Equipment and Total Revenue is 0.91. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Total Revenue 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 Property Plant Equipment and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Microchip Technology are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Property Plant Equipment i.e., Microchip Technology's Property Plant Equipment and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant Equipment

Total Revenue

Total revenue comprises all receipts Microchip Technology generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
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 Revenue8.4B7.6B8.8B9.2B
Depreciation And Amortization998.4M879.5M1.0B1.1B

Microchip Technology fundamental ratios Correlations

0.960.870.90.960.870.950.830.9-0.310.990.49-0.620.960.790.960.860.790.240.990.530.770.070.73-0.480.83
0.960.810.790.840.70.990.650.85-0.290.970.69-0.610.850.70.990.680.660.440.990.350.72-0.150.53-0.620.94
0.870.810.710.870.790.830.860.71-0.420.880.29-0.770.850.570.830.820.77-0.10.840.30.52-0.040.75-0.590.64
0.90.790.710.920.890.80.850.83-0.330.880.34-0.550.940.730.770.90.740.070.870.60.940.270.72-0.230.64
0.960.840.870.920.960.840.940.87-0.310.940.25-0.580.990.820.860.960.860.030.910.640.740.270.86-0.330.66
0.870.70.790.890.960.70.960.74-0.180.830.09-0.420.930.80.730.970.87-0.140.80.770.710.470.87-0.140.49
0.950.990.830.80.840.70.660.85-0.410.980.68-0.680.850.680.990.690.680.410.980.290.72-0.180.54-0.620.94
0.830.650.860.850.940.960.660.72-0.310.80.0-0.570.920.690.680.990.85-0.30.750.640.650.370.91-0.20.41
0.90.850.710.830.870.740.850.72-0.350.890.33-0.60.910.790.850.780.690.310.880.460.67-0.040.76-0.430.75
-0.31-0.29-0.42-0.33-0.31-0.18-0.41-0.31-0.35-0.38-0.170.79-0.35-0.06-0.28-0.31-0.40.06-0.30.34-0.270.31-0.260.16-0.3
0.990.970.880.880.940.830.980.80.89-0.380.53-0.690.940.750.970.820.760.270.990.430.76-0.010.69-0.560.86
0.490.690.290.340.250.090.680.00.33-0.170.53-0.30.260.240.640.020.180.710.6-0.110.49-0.47-0.22-0.520.8
-0.62-0.61-0.77-0.55-0.58-0.42-0.68-0.57-0.60.79-0.69-0.3-0.63-0.21-0.6-0.56-0.440.03-0.620.23-0.430.33-0.470.65-0.56
0.960.850.850.940.990.930.850.920.91-0.350.940.26-0.630.80.860.950.820.060.920.60.780.210.86-0.360.67
0.790.70.570.730.820.80.680.690.79-0.060.750.24-0.210.80.720.720.750.260.760.740.590.280.71-0.090.63
0.960.990.830.770.860.730.990.680.85-0.280.970.64-0.60.860.720.690.680.420.990.370.67-0.130.57-0.620.93
0.860.680.820.90.960.970.690.990.78-0.310.820.02-0.560.950.720.690.82-0.230.780.660.720.40.9-0.190.46
0.790.660.770.740.860.870.680.850.69-0.40.760.18-0.440.820.750.680.82-0.070.730.620.560.220.78-0.050.48
0.240.44-0.10.070.03-0.140.41-0.30.310.060.270.710.030.060.260.42-0.23-0.070.35-0.090.16-0.34-0.26-0.360.63
0.990.990.840.870.910.80.980.750.88-0.30.990.6-0.620.920.760.990.780.730.350.450.76-0.030.64-0.550.89
0.530.350.30.60.640.770.290.640.460.340.43-0.110.230.60.740.370.660.62-0.090.450.490.680.640.310.15
0.770.720.520.940.740.710.720.650.67-0.270.760.49-0.430.780.590.670.720.560.160.760.490.220.45-0.170.62
0.07-0.15-0.040.270.270.47-0.180.37-0.040.31-0.01-0.470.330.210.28-0.130.40.22-0.34-0.030.680.220.370.5-0.31
0.730.530.750.720.860.870.540.910.76-0.260.69-0.22-0.470.860.710.570.90.78-0.260.640.640.450.37-0.150.3
-0.48-0.62-0.59-0.23-0.33-0.14-0.62-0.2-0.430.16-0.56-0.520.65-0.36-0.09-0.62-0.19-0.05-0.36-0.550.31-0.170.5-0.15-0.64
0.830.940.640.640.660.490.940.410.75-0.30.860.8-0.560.670.630.930.460.480.630.890.150.62-0.310.3-0.64
Click cells to compare fundamentals

Microchip Technology Account Relationship Matchups

Microchip Technology fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets16.5B16.2B16.4B15.9B18.3B19.2B
Short Long Term Debt Total8.9B7.7B6.4B6.0B6.9B7.3B
Other Current Liab711.1M825.8M464.9M921.8M1.1B1.1B
Total Current Liabilities2.4B1.4B3.1B2.5B2.9B3.0B
Total Stockholder Equity5.3B5.9B6.5B6.7B7.7B8.0B
Property Plant And Equipment Net854.7M967.9M1.2B1.4B1.6B1.6B
Net Debt8.6B7.4B6.2B5.7B6.6B6.9B
Retained Earnings3.4B4.2B5.8B6.8B7.8B8.2B
Accounts Payable292.4M344.7M396.9M213M245.0M257.2M
Cash280M317.4M234M319.7M367.7M413.5M
Non Current Assets Total14.3B13.7B13.3B12.9B14.8B15.5B
Non Currrent Assets Other13.5B265.2M457.2M455.6M523.9M497.7M
Cash And Short Term Investments282M319.4M234M319.7M367.7M349.3M
Net Receivables997.7M1.1B1.3B1.1B1.3B1.4B
Common Stock Shares Outstanding541.2M565.9M557.3M548M630.2M469.3M
Liabilities And Stockholders Equity16.5B16.2B16.4B15.9B18.3B19.2B
Non Current Liabilities Total8.7B8.9B6.7B6.7B7.7B8.1B
Inventory665M854.4M1.3B1.3B1.5B1.6B
Other Current Assets200.5M206.2M205.1M233.6M268.6M282.1M
Other Stockholder Equity2.0B1.7B753.1M(98.7M)(113.5M)(107.8M)
Total Liab11.1B10.3B9.9B9.2B10.6B11.1B
Total Current Assets2.1B2.5B3.1B3.0B3.5B3.6B
Short Term Debt1.4B33.8M1.4B1.0B1.2B1.2B
Current Deferred Revenue43.4M73.2M121.4M261.8M301.1M316.1M
Accumulated Other Comprehensive Income(26.2M)(20.6M)(4.1M)(3.5M)(4.0M)(4.2M)
Intangible Assets4.8B4.0B3.4B2.8B3.2B1.7B
Good Will6.7B6.7B6.7B6.7B7.7B8.1B
Other Assets1.02.01.9B1.9B2.2B2.3B
Property Plant Equipment995.6M1.0B1.1B1.3B1.5B1.1B
Other Liab1.2B1.0B1.1B1.6B1.4B1.0B
Net Tangible Assets(6.8B)(6.1B)(4.8B)(3.5B)(3.2B)(3.3B)

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