Microchip Technology Incorporated MCHP
78.69
4.00
5.36%
as of 25 Sep
- Market cap
- $41.0B
- P/E
- 117×
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Microchip Technology Incorporated (MCHP) Current ratio
Microchip Technology Incorporated's current ratio at the end of the quarter to 30 June 2026 was 1.9×, down 0.2× from fiscal 2026 (2.1×). Over the past ten years it has ranged from 0.9× (fiscal 2021) to 8.1× (fiscal 2016); the current reading is higher than 67% of that period. That is below the Semiconductors industry median of 3.4× and in line with the Technology sector median of 1.9×.
Current ratio, annual
Annual
| Period | Current ratio | Change |
|---|---|---|
| FY2026 | 2.1× | (19.20%) |
| FY2025 | 2.6× | 116.54% |
| FY2024 | 1.2× | 21.51% |
| FY2023 | 1.0× | (43.86%) |
| FY2022 | 1.8× | 96.91% |
| FY2021 | 0.9× | (34.25%) |
| FY2020 | 1.4× | 45.18% |
| FY2019 | 0.9× | (43.94%) |
| FY2018 | 1.7× | (49.15%) |
| FY2017 | 3.3× | (59.64%) |
Quarterly
| Period | Current ratio | Change |
|---|---|---|
| Jun 2026 | 1.9× | (8.21%) |
| Mar 2026 | 2.1× | (3.24%) |
| Dec 2025 | 2.2× | (3.97%) |
| Sep 2025 | 2.3× | (2.66%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.9×
High 8.1×
Ten-year median
1.7×
Current reading's percentile
67
Current ratio against peers
| Company | Current ratio |
|---|---|
| ALAB Astera Labs, Inc. compare | 10.1× |
| CRDO Credo Technology Group Holding Ltd. compare | 7.4× |
| TSEM Tower Semiconductor Ltd. compare | 4.9× |
| ON ON Semiconductor Corporation compare | 3.5× |
| STM STMicroelectronics N.V. compare | 2.8× |
| GFS GlobalFoundries Inc. compare | 2.5× |
| UMC United Microelectronics Corporation compare | 2.2× |
| NXPI NXP Semiconductors N.V. compare | 2.0× |
| MCHP Microchip Technology Incorporated | 1.9× |
| Semiconductors industry median | 3.4× |
| Technology sector median | 1.9× |
| Market median | 1.6× |
What Current ratio is
Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.
Current Assets (Total) ÷ Current Liabilities (Total)
More on MCHP
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement