Microchip Interest Income from 2010 to 2024
MCHP Stock | USD 66.51 1.39 2.13% |
Interest Income | First Reported 2019-03-31 | Previous Quarter 2.5 M | Current Value 2.8 M | Quarterly Volatility 28.7 M |
Check Microchip Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Microchip Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 923.5 M, Interest Expense of 239.4 M or Total Revenue of 8 B, as well as many indicators such as Price To Sales Ratio of 4.33, Dividend Yield of 0.0267 or PTB Ratio of 3.85. Microchip financial statements analysis is a perfect complement when working with Microchip Technology Valuation or Volatility modules.
Microchip | Interest Income |
Latest Microchip Technology's Interest Income Growth Pattern
Below is the plot of the Interest Income of Microchip Technology over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. Microchip Technology's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Microchip Technology's overall financial position and show how it may be relating to other accounts over time.
Interest Income | 10 Years Trend |
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Interest Income |
Timeline |
Microchip Interest Income Regression Statistics
Arithmetic Mean | 35,915,637 | |
Geometric Mean | 13,162,531 | |
Coefficient Of Variation | 104.53 | |
Mean Deviation | 35,200,290 | |
Median | 11,359,555 | |
Standard Deviation | 37,542,060 | |
Sample Variance | 1409.4T | |
Range | 79.4M | |
R-Value | (0.85) | |
Mean Square Error | 414.1T | |
R-Squared | 0.73 | |
Significance | 0.000054 | |
Slope | (7,158,550) | |
Total Sum of Squares | 19731.7T |
Microchip Interest Income History
Other Fundumenentals of Microchip Technology
Microchip Technology Interest Income component correlations
Click cells to compare fundamentals
About Microchip Technology Financial Statements
Microchip Technology shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although Microchip Technology investors may analyze each financial statement separately, they are all interrelated. The changes in Microchip Technology's assets and liabilities, for example, are also reflected in the revenues and expenses on on Microchip Technology's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Interest Income | 7.6 M | 11.4 M | |
Net Interest Income | -190.7 M | -200.2 M |
Pair Trading with Microchip Technology
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Microchip Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Microchip Technology will appreciate offsetting losses from the drop in the long position's value.Moving together with Microchip Stock
Moving against Microchip Stock
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The ability to find closely correlated positions to Microchip Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microchip Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microchip Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microchip Technology to buy it.
The correlation of Microchip Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microchip Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microchip Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microchip Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Microchip Stock Analysis
When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.