Microchip Technology Current Ratio 2010-2025 | MCHP
- Microchip Technology average current ratio for 2024 was 1.57, a 57% increase from 2023.
- Microchip Technology average current ratio for 2023 was 1, a 37.11% increase from 2022.
- Microchip Technology average current ratio for 2022 was 1.59, a 3.64% decline from 2021.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.