Microchip Technology (MCHP) Debt Metrics
Market Cap: $24.90B
Avg Volume: 12.49M
Industry: Semiconductors
Sector: Technology
How much debt does Microchip Technology have?
According to Microchip Technology's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Microchip Technology's total debt stands at $6.03B. This is broken down into:
- Long-term debt: $5.00B
- Short-term debt: $1.03B
The company's net debt, which accounts for cash and cash equivalents, is $5.71B. In terms of overall financial obligations, Microchip Technology's total liabilities amount to $9.22B.
Debt Ratios and Metrics
To better understand Microchip Technology's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.91 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 38.00% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 12.97 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 42.89% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 47.54% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Microchip Technology's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$6.03B
Long-term Debt
$5.00B
Short-term Debt
$1.03B
Net Debt
$5.71B
Total Liabilities
$9.22B
Interest Coverage
12.97
Debt to Equity Ratio
0.91
Debt Ratio
38.00%
Microchip Technology Historical Debt Metrics
Microchip Technology Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $6.03B | $5.00B | $1.03B | $5.71B | $9.22B | 0.91 | 38.00% | 12.97 | 42.89% | 47.54% |
| 2023 | $6.44B | $5.17B | $1.43B | $6.21B | $9.86B | 0.99 | 39.34% | 15.71 | 43.63% | 49.72% |
| 2022 | $7.69B | $7.82B | $33.80M | $7.37B | $10.30B | 1.30 | 47.45% | 7.53 | 56.60% | 56.60% |
| 2021 | $8.90B | $7.71B | $1.36B | $8.62B | $11.14B | 1.67 | 54.03% | 2.94 | 58.69% | 62.52% |
| 2020 | $9.48B | $8.97B | $653.30M | $9.08B | $11.84B | 1.70 | 54.41% | 1.30 | 61.37% | 62.93% |
| 2019 | $10.31B | $8.95B | $1.36B | $9.88B | $13.06B | 1.95 | 56.18% | 1.42 | 62.85% | 66.09% |
| 2018 | $3.07B | $1.76B | $1.31B | $2.17B | $4.98B | 0.94 | 37.16% | 4.71 | 34.90% | 48.33% |
| 2017 | $2.95B | $2.90B | $49.95M | $2.04B | $4.41B | 0.90 | 38.42% | 1.88 | 47.00% | 47.43% |
| 2016 | $2.48B | $2.45B | $- | $390.29M | $3.42B | 1.15 | 44.60% | 3.39 | 53.28% | 53.58% |
| 2015 | $1.83B | $1.83B | $- | $1.22B | $2.72B | 0.89 | 38.21% | 6.86 | 47.19% | 47.19% |
Related Metrics
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