Microchip Current Deferred Revenue vs Cash Analysis

0K19 Stock   68.04  0.60  0.87%   
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 Current Deferred Revenue and its Cash 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.

Current Deferred Revenue vs Cash

Current Deferred Revenue vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Current Deferred Revenue account and Cash. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Microchip Technology's Current Deferred Revenue and Cash is 0.4. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Cash 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 Current Deferred Revenue and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Microchip Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Current Deferred Revenue i.e., Microchip Technology's Current Deferred Revenue and Cash go up and down completely randomly.

Correlation Coefficient

0.4
Relationship DirectionPositive 
Relationship StrengthWeak

Current Deferred Revenue

Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.

Cash

Cash refers to the most liquid asset of Microchip Technology, which is listed under current asset account on Microchip Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Microchip Technology customers. The amounts must be unrestricted with restricted cash listed in a different Microchip Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.
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 2024, whereas Tax Provision is likely to drop (9.4 M) in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue6.8B8.4B7.6B8.0B
Depreciation And Amortization1.1B998.4M879.5M923.5M

Microchip Technology fundamental ratios Correlations

0.960.840.890.960.870.960.820.83-0.30.990.58-0.60.960.80.970.840.680.420.990.30.75-0.10.67-0.530.87
0.960.810.790.850.710.990.650.8-0.270.970.74-0.590.850.720.990.670.610.560.990.220.7-0.280.48-0.640.96
0.840.810.650.830.740.830.830.6-0.420.870.38-0.780.810.510.830.770.570.060.83-0.060.45-0.280.71-0.670.68
0.890.790.650.90.870.80.830.74-0.320.860.43-0.530.930.710.760.890.570.240.850.350.940.120.66-0.270.68
0.960.850.830.90.950.860.930.79-0.290.940.36-0.570.990.820.870.940.70.230.910.360.710.080.82-0.390.72
0.870.710.740.870.950.70.950.64-0.150.820.2-0.380.920.810.730.960.660.070.80.470.690.30.85-0.180.55
0.960.990.830.80.860.70.660.8-0.390.980.74-0.670.860.690.990.680.640.530.980.140.7-0.320.49-0.640.95
0.820.650.830.830.930.950.660.61-0.310.790.09-0.570.910.660.670.980.6-0.150.740.260.610.160.91-0.260.46
0.830.80.60.740.790.640.80.61-0.310.820.41-0.510.840.820.80.670.690.510.820.430.59-0.230.59-0.430.78
-0.3-0.27-0.42-0.32-0.29-0.15-0.39-0.31-0.31-0.36-0.190.79-0.34-0.01-0.26-0.3-0.390.03-0.290.47-0.260.4-0.240.17-0.3
0.990.970.870.860.940.820.980.790.82-0.360.61-0.670.940.740.970.810.650.430.990.210.73-0.190.63-0.60.9
0.580.740.380.430.360.20.740.090.41-0.190.61-0.320.350.330.70.110.350.720.670.010.55-0.47-0.19-0.520.83
-0.6-0.59-0.78-0.53-0.57-0.38-0.67-0.57-0.510.79-0.67-0.32-0.61-0.14-0.58-0.55-0.32-0.03-0.60.47-0.40.46-0.450.68-0.56
0.960.850.810.930.990.920.860.910.84-0.340.940.35-0.610.80.860.940.660.240.910.330.750.030.82-0.410.72
0.80.720.510.710.820.810.690.660.82-0.010.740.33-0.140.80.730.690.80.470.760.740.560.160.65-0.120.65
0.970.990.830.760.870.730.990.670.8-0.260.970.7-0.580.860.730.690.630.550.990.230.64-0.270.52-0.650.95
0.840.670.770.890.940.960.680.980.67-0.30.810.11-0.550.940.690.690.58-0.060.770.320.690.210.89-0.250.5
0.680.610.570.570.70.660.640.60.69-0.390.650.35-0.320.660.80.630.580.280.650.480.41-0.140.54-0.050.59
0.420.560.060.240.230.070.53-0.150.510.030.430.72-0.030.240.470.55-0.060.280.50.250.29-0.22-0.18-0.360.71
0.990.990.830.850.910.80.980.740.82-0.290.990.67-0.60.910.760.990.770.650.50.270.74-0.190.57-0.590.93
0.30.22-0.060.350.360.470.140.260.430.470.210.010.470.330.740.230.320.480.250.270.310.440.30.360.19
0.750.70.450.940.710.690.70.610.59-0.260.730.55-0.40.750.560.640.690.410.290.740.310.10.38-0.180.63
-0.1-0.28-0.280.120.080.3-0.320.16-0.230.4-0.19-0.470.460.030.16-0.270.21-0.14-0.22-0.190.440.10.250.54-0.38
0.670.480.710.660.820.850.490.910.59-0.240.63-0.19-0.450.820.650.520.890.54-0.180.570.30.380.25-0.170.28
-0.53-0.64-0.67-0.27-0.39-0.18-0.64-0.26-0.430.17-0.6-0.520.68-0.41-0.12-0.65-0.25-0.05-0.36-0.590.36-0.180.54-0.17-0.65
0.870.960.680.680.720.550.950.460.78-0.30.90.83-0.560.720.650.950.50.590.710.930.190.63-0.380.28-0.65
Click cells to compare fundamentals

Microchip Technology Account Relationship Matchups

Microchip Technology fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets17.4B16.5B16.2B16.4B15.9B16.7B
Short Long Term Debt Total9.5B8.9B7.7B6.4B6.0B6.3B
Other Current Liab699.3M711.1M825.8M464.9M921.8M967.9M
Total Current Liabilities1.6B2.4B1.4B3.1B2.5B2.6B
Total Stockholder Equity5.6B5.3B5.9B6.5B6.7B7.0B
Property Plant And Equipment Net876.1M854.7M967.9M1.2B1.4B1.4B
Net Debt9.1B8.6B7.4B6.2B5.7B6.0B
Retained Earnings3.4B3.4B4.2B5.8B6.8B7.1B
Accounts Payable246.8M292.4M344.7M396.9M213M107.8M
Cash401M280M317.4M234M319.7M413.5M
Non Current Assets Total15.2B14.3B13.7B13.3B12.9B13.5B
Non Currrent Assets Other14.3B13.5B265.2M457.2M455.6M432.8M
Cash And Short Term Investments403M282M319.4M234M319.7M303.7M
Net Receivables934M997.7M1.1B1.3B1.1B1.2B
Common Stock Shares Outstanding512.4M541.2M565.9M557.3M548M469.3M
Liabilities And Stockholders Equity17.4B16.5B16.2B16.4B15.9B16.7B
Non Current Liabilities Total10.2B8.7B8.9B6.7B6.7B7.0B
Inventory685.7M665M854.4M1.3B1.3B1.4B
Other Current Assets194.5M200.5M206.2M205.1M233.6M130.6M
Other Stockholder Equity2.2B2.0B1.7B753.1M(98.7M)(93.8M)
Total Liab11.8B11.1B10.3B9.9B9.2B9.7B
Total Current Assets2.2B2.1B2.5B3.1B3.0B1.6B
Short Term Debt653.3M1.4B33.8M1.4B1.0B1.1B
Current Deferred Revenue38M43.4M73.2M121.4M261.8M274.9M
Accumulated Other Comprehensive Income(21.6M)(26.2M)(20.6M)(4.1M)(3.5M)(3.7M)
Short Term Investments1.3B2.3M2M639.4M575.5M450.1M
Intangible Assets5.7B4.8B4.0B3.4B2.8B1.7B
Good Will6.7B6.7B6.7B6.7B6.7B7.0B
Other Assets1.02.01.9B1.9B2.2B2.3B
Long Term Debt1.8B8.9B8.9B7.6B8.7B6.6B
Capital Surpluse2.6B2.7B2.7B2.4B2.2B2.1B
Treasury Stock(662.6M)(582.2M)(500.6M)(433.8M)(498.9M)(523.8M)
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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