Microchip Technology Inc (MCHP)

Debt-to-assets ratio

		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	Mar 31, 2020
Long-term debt	US$ in thousands	6,749,500	4,476,600	6,167,900	5,000,400	4,033,300	4,414,700	4,632,200	5,041,700	6,588,700	6,304,900	7,563,900	7,687,400	7,868,500	8,200,600	8,527,400	7,581,200	7,647,800	8,181,400	7,730,000	8,873,400
Total assets	US$ in thousands	15,632,200	15,622,300	15,839,700	15,873,200	16,143,000	16,601,400	16,494,600	16,370,300	16,116,100	16,141,100	16,208,400	16,199,500	16,047,200	16,215,000	16,277,800	16,478,800	16,576,100	16,770,900	17,028,100	17,426,100
Debt-to-assets ratio		0.43	0.29	0.39	0.32	0.25	0.27	0.28	0.31	0.41	0.39	0.47	0.47	0.49	0.51	0.52	0.46	0.46	0.49	0.45	0.51

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $6,749,500K ÷ $15,632,200K
= 0.43

The debt-to-assets ratio of Microchip Technology Inc has shown fluctuations over the analyzed period. Starting at 0.51 on March 31, 2020, the ratio decreased to 0.45 by June 30, 2020, before increasing to 0.52 on June 30, 2021. Subsequently, the ratio fluctuated between 0.39 and 0.47, indicating varying levels of debt relative to assets.

The most recent data point, as of December 31, 2024, shows a debt-to-assets ratio of 0.43, which is higher compared to the ratio observed in the previous period. Overall, the trend suggests that Microchip Technology Inc has managed its debt in relation to its assets, with some fluctuations in the ratio over time.