Microchip Technology Inc (MCHP)

Current ratio

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Total current assets	US$ in thousands	—	2,995,800	2,905,500	2,948,300	3,013,000	3,219,600	3,526,400	3,269,600	3,069,300	2,833,700	2,676,000	2,643,200	2,452,600	2,200,500	2,149,100	2,157,100	2,145,200	2,152,500	2,122,100	2,135,000
Total current liabilities	US$ in thousands	—	1,330,300	3,285,700	1,520,300	2,519,400	3,293,200	3,412,600	3,219,600	3,118,600	1,611,100	2,538,400	1,485,400	1,399,000	1,218,700	1,121,800	1,089,100	2,409,600	2,522,200	1,975,200	2,585,800
Current ratio		—	2.25	0.88	1.94	1.20	0.98	1.03	1.02	0.98	1.76	1.05	1.78	1.75	1.81	1.92	1.98	0.89	0.85	1.07	0.83

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —

The current ratio of Microchip Technology Inc has displayed fluctuations over the past few years. The ratio, which measures the company's ability to cover its short-term obligations with its current assets, was below 1 in some periods, indicating potential liquidity concerns. However, in recent quarters, the current ratio has improved significantly, reaching levels above 1.5, which suggests the company has strengthened its short-term financial position. It is essential to monitor future trends in the current ratio to assess Microchip Technology Inc's liquidity and ability to meet its immediate financial obligations.