Microchip Technology Quick Ratio 2010-2024 | MCHP

Microchip Technology quick ratio for the quarter ending September 30, 2024 was 0.48.

  • Microchip Technology average quick ratio for 2023 was 0.6, a 40% decline 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% decline 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.
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