Microchip Net Debt vs Short Term Investments Analysis

0K19 Stock

68.17 0.13 0.19%

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 Net Debt and its Short Term Investments 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.

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Microchip Technology Net Debt account and Short Term Investments. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Microchip Technology's Net Debt and Short Term Investments is -0.64. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Short Term Investments 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 Net Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Microchip Technology are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Net Debt i.e., Microchip Technology's Net Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.64

Relationship Direction	Negative
Relationship Strength	Weak

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Short Term Investments

Short Term Investments is an item under the current assets section of Microchip Technology balance sheet. It contains any investments Microchip Technology undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Microchip Technology can easily liquidate in the marketplace.

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 Revenue	6.8B	8.4B	7.6B	8.0B
Depreciation And Amortization	1.1B	998.4M	879.5M	923.5M

Total Revenue Depreciation And Amortization

Microchip Technology fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Short Term Investments	Intangible Assets
Total Assets		0.96	0.84	0.89	0.96	0.87	0.96	0.82	0.83	-0.3	0.99	0.58	-0.6	0.96	0.8	0.97	0.84	0.68	0.42	0.99	0.3	0.75	-0.1	0.67	-0.53	0.87
Short Long Term Debt Total	0.96		0.81	0.79	0.85	0.71	0.99	0.65	0.8	-0.27	0.97	0.74	-0.59	0.85	0.72	0.99	0.67	0.61	0.56	0.99	0.22	0.7	-0.28	0.48	-0.64	0.96
Other Current Liab	0.84	0.81		0.65	0.83	0.74	0.83	0.83	0.6	-0.42	0.87	0.38	-0.78	0.81	0.51	0.83	0.77	0.57	0.06	0.83	-0.06	0.45	-0.28	0.71	-0.67	0.68
Total Current Liabilities	0.89	0.79	0.65		0.9	0.87	0.8	0.83	0.74	-0.32	0.86	0.43	-0.53	0.93	0.71	0.76	0.89	0.57	0.24	0.85	0.35	0.94	0.12	0.66	-0.27	0.68
Total Stockholder Equity	0.96	0.85	0.83	0.9		0.95	0.86	0.93	0.79	-0.29	0.94	0.36	-0.57	0.99	0.82	0.87	0.94	0.7	0.23	0.91	0.36	0.71	0.08	0.82	-0.39	0.72
Property Plant And Equipment Net	0.87	0.71	0.74	0.87	0.95		0.7	0.95	0.64	-0.15	0.82	0.2	-0.38	0.92	0.81	0.73	0.96	0.66	0.07	0.8	0.47	0.69	0.3	0.85	-0.18	0.55
Net Debt	0.96	0.99	0.83	0.8	0.86	0.7		0.66	0.8	-0.39	0.98	0.74	-0.67	0.86	0.69	0.99	0.68	0.64	0.53	0.98	0.14	0.7	-0.32	0.49	-0.64	0.95
Retained Earnings	0.82	0.65	0.83	0.83	0.93	0.95	0.66		0.61	-0.31	0.79	0.09	-0.57	0.91	0.66	0.67	0.98	0.6	-0.15	0.74	0.26	0.61	0.16	0.91	-0.26	0.46
Accounts Payable	0.83	0.8	0.6	0.74	0.79	0.64	0.8	0.61		-0.31	0.82	0.41	-0.51	0.84	0.82	0.8	0.67	0.69	0.51	0.82	0.43	0.59	-0.23	0.59	-0.43	0.78
Cash	-0.3	-0.27	-0.42	-0.32	-0.29	-0.15	-0.39	-0.31	-0.31		-0.36	-0.19	0.79	-0.34	-0.01	-0.26	-0.3	-0.39	0.03	-0.29	0.47	-0.26	0.4	-0.24	0.17	-0.3
Non Current Assets Total	0.99	0.97	0.87	0.86	0.94	0.82	0.98	0.79	0.82	-0.36		0.61	-0.67	0.94	0.74	0.97	0.81	0.65	0.43	0.99	0.21	0.73	-0.19	0.63	-0.6	0.9
Non Currrent Assets Other	0.58	0.74	0.38	0.43	0.36	0.2	0.74	0.09	0.41	-0.19	0.61		-0.32	0.35	0.33	0.7	0.11	0.35	0.72	0.67	0.01	0.55	-0.47	-0.19	-0.52	0.83
Cash And Short Term Investments	-0.6	-0.59	-0.78	-0.53	-0.57	-0.38	-0.67	-0.57	-0.51	0.79	-0.67	-0.32		-0.61	-0.14	-0.58	-0.55	-0.32	-0.03	-0.6	0.47	-0.4	0.46	-0.45	0.68	-0.56
Net Receivables	0.96	0.85	0.81	0.93	0.99	0.92	0.86	0.91	0.84	-0.34	0.94	0.35	-0.61		0.8	0.86	0.94	0.66	0.24	0.91	0.33	0.75	0.03	0.82	-0.41	0.72
Common Stock Shares Outstanding	0.8	0.72	0.51	0.71	0.82	0.81	0.69	0.66	0.82	-0.01	0.74	0.33	-0.14	0.8		0.73	0.69	0.8	0.47	0.76	0.74	0.56	0.16	0.65	-0.12	0.65
Non Current Liabilities Total	0.97	0.99	0.83	0.76	0.87	0.73	0.99	0.67	0.8	-0.26	0.97	0.7	-0.58	0.86	0.73		0.69	0.63	0.55	0.99	0.23	0.64	-0.27	0.52	-0.65	0.95
Inventory	0.84	0.67	0.77	0.89	0.94	0.96	0.68	0.98	0.67	-0.3	0.81	0.11	-0.55	0.94	0.69	0.69		0.58	-0.06	0.77	0.32	0.69	0.21	0.89	-0.25	0.5
Other Current Assets	0.68	0.61	0.57	0.57	0.7	0.66	0.64	0.6	0.69	-0.39	0.65	0.35	-0.32	0.66	0.8	0.63	0.58		0.28	0.65	0.48	0.41	-0.14	0.54	-0.05	0.59
Other Stockholder Equity	0.42	0.56	0.06	0.24	0.23	0.07	0.53	-0.15	0.51	0.03	0.43	0.72	-0.03	0.24	0.47	0.55	-0.06	0.28		0.5	0.25	0.29	-0.22	-0.18	-0.36	0.71
Total Liab	0.99	0.99	0.83	0.85	0.91	0.8	0.98	0.74	0.82	-0.29	0.99	0.67	-0.6	0.91	0.76	0.99	0.77	0.65	0.5		0.27	0.74	-0.19	0.57	-0.59	0.93
Total Current Assets	0.3	0.22	-0.06	0.35	0.36	0.47	0.14	0.26	0.43	0.47	0.21	0.01	0.47	0.33	0.74	0.23	0.32	0.48	0.25	0.27		0.31	0.44	0.3	0.36	0.19
Short Term Debt	0.75	0.7	0.45	0.94	0.71	0.69	0.7	0.61	0.59	-0.26	0.73	0.55	-0.4	0.75	0.56	0.64	0.69	0.41	0.29	0.74	0.31		0.1	0.38	-0.18	0.63
Current Deferred Revenue	-0.1	-0.28	-0.28	0.12	0.08	0.3	-0.32	0.16	-0.23	0.4	-0.19	-0.47	0.46	0.03	0.16	-0.27	0.21	-0.14	-0.22	-0.19	0.44	0.1		0.25	0.54	-0.38
Common Stock	0.67	0.48	0.71	0.66	0.82	0.85	0.49	0.91	0.59	-0.24	0.63	-0.19	-0.45	0.82	0.65	0.52	0.89	0.54	-0.18	0.57	0.3	0.38	0.25		-0.17	0.28
Short Term Investments	-0.53	-0.64	-0.67	-0.27	-0.39	-0.18	-0.64	-0.26	-0.43	0.17	-0.6	-0.52	0.68	-0.41	-0.12	-0.65	-0.25	-0.05	-0.36	-0.59	0.36	-0.18	0.54	-0.17		-0.65
Intangible Assets	0.87	0.96	0.68	0.68	0.72	0.55	0.95	0.46	0.78	-0.3	0.9	0.83	-0.56	0.72	0.65	0.95	0.5	0.59	0.71	0.93	0.19	0.63	-0.38	0.28	-0.65

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Microchip Technology Account Relationship Matchups

Microchip Technology fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	17.4B	16.5B	16.2B	16.4B	15.9B	16.7B
Short Long Term Debt Total	9.5B	8.9B	7.7B	6.4B	6.0B	6.3B
Other Current Liab	699.3M	711.1M	825.8M	464.9M	921.8M	967.9M
Total Current Liabilities	1.6B	2.4B	1.4B	3.1B	2.5B	2.6B
Total Stockholder Equity	5.6B	5.3B	5.9B	6.5B	6.7B	7.0B
Property Plant And Equipment Net	876.1M	854.7M	967.9M	1.2B	1.4B	1.4B
Net Debt	9.1B	8.6B	7.4B	6.2B	5.7B	6.0B
Retained Earnings	3.4B	3.4B	4.2B	5.8B	6.8B	7.1B
Accounts Payable	246.8M	292.4M	344.7M	396.9M	213M	107.8M
Cash	401M	280M	317.4M	234M	319.7M	413.5M
Non Current Assets Total	15.2B	14.3B	13.7B	13.3B	12.9B	13.5B
Non Currrent Assets Other	14.3B	13.5B	265.2M	457.2M	455.6M	432.8M
Cash And Short Term Investments	403M	282M	319.4M	234M	319.7M	303.7M
Net Receivables	934M	997.7M	1.1B	1.3B	1.1B	1.2B
Common Stock Shares Outstanding	512.4M	541.2M	565.9M	557.3M	548M	469.3M
Liabilities And Stockholders Equity	17.4B	16.5B	16.2B	16.4B	15.9B	16.7B
Non Current Liabilities Total	10.2B	8.7B	8.9B	6.7B	6.7B	7.0B
Inventory	685.7M	665M	854.4M	1.3B	1.3B	1.4B
Other Current Assets	194.5M	200.5M	206.2M	205.1M	233.6M	130.6M
Other Stockholder Equity	2.2B	2.0B	1.7B	753.1M	(98.7M)	(93.8M)
Total Liab	11.8B	11.1B	10.3B	9.9B	9.2B	9.7B
Total Current Assets	2.2B	2.1B	2.5B	3.1B	3.0B	1.6B
Short Term Debt	653.3M	1.4B	33.8M	1.4B	1.0B	1.1B
Current Deferred Revenue	38M	43.4M	73.2M	121.4M	261.8M	274.9M
Accumulated Other Comprehensive Income	(21.6M)	(26.2M)	(20.6M)	(4.1M)	(3.5M)	(3.7M)
Short Term Investments	1.3B	2.3M	2M	639.4M	575.5M	450.1M
Intangible Assets	5.7B	4.8B	4.0B	3.4B	2.8B	1.7B
Good Will	6.7B	6.7B	6.7B	6.7B	6.7B	7.0B
Other Assets	1.0	2.0	1.9B	1.9B	2.2B	2.3B
Long Term Debt	1.8B	8.9B	8.9B	7.6B	8.7B	6.6B
Capital Surpluse	2.6B	2.7B	2.7B	2.4B	2.2B	2.1B
Treasury Stock	(662.6M)	(582.2M)	(500.6M)	(433.8M)	(498.9M)	(523.8M)
Property Plant Equipment	995.6M	1.0B	1.1B	1.3B	1.5B	1.1B
Other Liab	1.2B	1.0B	1.1B	1.6B	1.4B	1.0B
Net Tangible Assets	(6.8B)	(6.1B)	(4.8B)	(3.5B)	(3.2B)	(3.3B)

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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.

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Microchip Net Debt vs Short Term Investments Analysis

Net Debt vs Short Term Investments

Net Debt vs Short Term Investments Correlation Analysis

Correlation Coefficient

Net Debt

Short Term Investments

Microchip Technology fundamental ratios Correlations

Microchip Technology Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Microchip Technology fundamental ratios Accounts

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Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.99	Short Long Term Debt Total
Total Liab	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Total Stockholder Equity

Cash And Short Term Investments	- 0.78	Other Current Liab
Cash And Short Term Investments	- 0.67	Non Current Assets Total
Cash And Short Term Investments	- 0.67	Net Debt
Short Term Investments	- 0.67	Other Current Liab
Intangible Assets	- 0.65	Short Term Investments
Short Term Investments	- 0.65	Non Current Liabilities Total