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Microchip Technology MCHP Other current assets

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Other financials

Income statement

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Revenue$1.3B+35.1%
Gross profit$799.6M+59.6%
Operating income$217.4M
Net income$144.2M+193%
EPS (diluted)$0.22+176%

Balance sheet

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Cash & equivalents$240.3M-68.9%
Total debt$5.6B-2.4%
Total equity$6.4B-9.1%
Total assets$14.4B-6.5%

Cash flow

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Operating cash flow$257.0M+24.8%
CapEx$14.2M0.0%
Free cash flow$242.8M+26.7%

Valuation

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Market cap$49.44B+20.2%
Enterprise value$54.84B+19.0%
P/E215×
P/S10.5×+0.8×

Profitability

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Gross margin57.7%+1.7pp
Operating margin10.4%
Net margin4.9%+4.9pp
FCF margin18.5%+0.9pp

Returns & leverage

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Return on equity3.4%+3.4pp
Debt / equity0.9×+0.1×
Current ratio2.1×-0.5×

Where this comes from

Reported directly by Microchip Technology in its filing.

Tagged under the XBRL concept us-gaap:OtherAssetsCurrent.

The official record: Microchip Technology’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Microchip Technology's other current assets?
Microchip Technology (MCHP) reported other current assets of $207.2M in Q1 2026.
How has Microchip Technology's other current assets changed year-over-year?
Microchip Technology's other current assets decreased by 12.4% year-over-year, from $236.4M to $207.2M.
What is the long-term trend for Microchip Technology's other current assets?
Over 5 years (2021 to 2026), Microchip Technology's other current assets has grown at a 0.7% compound annual growth rate (CAGR), from $200.5M to $207.2M.
What does other current assets mean?
This category aggregates miscellaneous current assets that do not fit into standard classifications like cash, receivables, or inventory. It typically includes items such as prepaid expenses, short-term deposits, or tax receivables expected to be realized within one year. While usually small, significant fluctuations can indicate changes in operational prepayments or short-term financial arrangements.