Microchip Technology Quick Ratio 2010-2025 | MCHP
- Microchip Technology average quick ratio for 2024 was 0.87, a 45% increase from 2023.
- Microchip Technology average quick ratio for 2023 was 0.6, a 40% increase from 2022.
- Microchip Technology average quick ratio for 2022 was 1, a 9.09% decline from 2021.
Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.