Stock Analysis on Net
Stock Analysis on Net

Microchip Technology Inc. (NASDAQ:MCHP)

This company has been moved to the archive! The financial data has not been updated since February 2, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Microchip Technology Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Mar 31, 2022 Mar 31, 2021 Mar 31, 2020 Mar 31, 2019 Mar 31, 2018 Mar 31, 2017
Accounts payable 2.13 1.77 1.42 1.23 1.75 1.94
Accrued compensation and benefits 1.32 1.01 0.79 0.73 1.06 0.00
Income taxes payable 0.75 0.26 0.22 0.26 0.33 0.00
Sales related reserves 2.52 2.13 2.03 2.00 0.00 0.00
Current portion of operating lease liabilities 0.21 0.24 0.26 0.00 0.00 0.00
Accrued expenses and other liabilities 1.71 1.18 1.20 1.31 1.39 2.76
Accrued liabilities 6.51% 4.82% 4.49% 4.29% 2.78% 2.76%
Deferred income on shipments to distributors 0.00 0.00 0.00 0.00 4.04 3.81
Current portion of long-term debt 0.00 8.03 3.49 7.42 15.86 0.65
Current liabilities 8.64% 14.62% 9.40% 12.94% 24.43% 9.16%
Long-term debt excluding current maturities 47.45 46.01 50.92 48.75 21.30 37.73
Long-term income tax payable 4.35 4.19 3.84 4.12 9.14 2.41
Long-term deferred tax liability 0.25 0.27 1.83 3.85 2.49 5.32
Other long-term liabilities 2.93 2.53 1.97 1.52 2.92 2.83
Long-term liabilities 54.98% 52.99% 58.55% 58.25% 35.85% 48.29%
Total liabilities 63.61% 67.61% 67.95% 71.19% 60.28% 57.45%
Preferred stock, $0.001 par value; no shares issued or outstanding 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, $0.001 par value 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 15.65 14.58 15.35 14.60 31.03 33.01
Common stock held in treasury -4.92 -2.63 -2.87 -3.17 -8.02 -9.52
Accumulated other comprehensive loss -0.13 -0.16 -0.12 -0.11 -0.21 -0.19
Retained earnings 25.77 20.59 19.70 17.50 16.92 19.25
Stockholders’ equity 36.39% 32.39% 32.05% 28.81% 39.72% 42.55%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2022-03-31), 10-K (reporting date: 2021-03-31), 10-K (reporting date: 2020-03-31), 10-K (reporting date: 2019-03-31), 10-K (reporting date: 2018-03-31), 10-K (reporting date: 2017-03-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Microchip Technology Inc. current liabilities as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 but then decreased significantly from 2021 to 2022.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Microchip Technology Inc. long-term liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2020 to 2021 but then slightly increased from 2021 to 2022.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Microchip Technology Inc. total liabilities as a percentage of total liabilities and stockholders’ equity decreased from 2020 to 2021 and from 2021 to 2022.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Microchip Technology Inc. stockholders’ equity as a percentage of total liabilities and stockholders’ equity increased from 2020 to 2021 and from 2021 to 2022.