Microchip Technology Inc (MCHP)

Quick 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
Cash	US$ in thousands	—	586,000	286,100	315,100	319,700	281,000	256,600	271,200	234,000	288,900	304,800	377,100	317,400	313,500	253,300	277,700	280,000	370,700	368,300	378,200
Short-term investments	US$ in thousands	—	—	—	—	—	—	—	—	0	288,900	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000
Receivables	US$ in thousands	—	857,200	1,044,300	1,095,800	1,143,700	1,398,100	1,706,200	1,465,000	1,305,300	1,175,000	1,133,200	1,145,000	1,072,600	930,100	985,600	1,000,700	997,700	893,800	903,700	894,300
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
Quick ratio		—	1.08	0.40	0.93	0.58	0.51	0.58	0.54	0.49	1.09	0.57	1.03	0.99	1.02	1.11	1.18	0.53	0.50	0.64	0.49

March 31, 2025 calculation

Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($—K + $—K + $—K) ÷ $—K
= —

The quick ratio of Microchip Technology Inc has shown some fluctuations over the past few years. As of the latest available data in March 2025, the quick ratio is not provided.

Analyzing the historical trend, the quick ratio ranged from 0.40 to 1.18. A quick ratio below 1.0 indicates that the company may have difficulty meeting its short-term obligations with its most liquid assets. Although the quick ratio improved significantly in some quarters, it also experienced lower levels, reflecting potential liquidity challenges during those periods.

It is important to note that a single ratio like the quick ratio should not be viewed in isolation but rather alongside other financial ratios and qualitative factors to gain a comprehensive understanding of Microchip Technology Inc's liquidity position and financial health.