Microchip Technology Quick Ratio 2010-2024 | MCHP

Microchip Technology quick ratio for the quarter ending June 30, 2024 was 1.08.

  • 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.
  • Microchip Technology average quick ratio for 2021 was 1.1, a 54.93% decline from 2020.

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.

Microchip Technology Quick Ratio 2010-2024 | MCHP

  • 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.
  • Microchip Technology average quick ratio for 2021 was 1.1, a 54.93% decline from 2020.

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.
Related Stocks
Company NameMarket
Cap
Analog Devices (ADI)$113.3B
NXP Semiconductors (NXPI)$59.7B
Monolithic Power Systems (MPWR)$45.6B
ON Semiconductor (ON)$30.6B
MACOM Technology Solutions Holdings (MTSI)$8B
Silicon Laboratories (SLAB)$3.8B
Semtech (SMTC)$3.1B
MaxLinear (MXL)$1.1B
Magnachip Semiconductor (MX)$176M