Microchip Technology Incorporated MCHP

78.69 4.00 5.36% as of 25 Sep
Market cap
$41.0B
P/E
117×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

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

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

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)

The full definition of Current ratio →

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