MICROCHIP TECHNOLOGY INC
For the period ended Sep 30, 2024. Filed Nov 5, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 5, 2024
MCHP$58.35-10.0%Stored close · as of Nov 6, 2026
Contents
Condensed Consolidated Balance Sheets – September 30, 2024 and March 31, 2024
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions, except share and per share amounts; unaudited)
| ASSETS | ||
|---|---|---|
| September 30, | March 31, | |
| 2024 | 2024 | |
| Cash and cash equivalents | $286.1 | $319.7 |
| Accounts receivable, net | 1,044.3 | 1,143.7 |
| Inventories | 1,339.6 | 1,316.0 |
| Other current assets | 235.5 | 233.6 |
| Total current assets | 2,905.5 | 3,013.0 |
| Property, plant and equipment, net | 1,171.2 | 1,194.6 |
| Goodwill | 6,681.9 | 6,675.4 |
| Intangible assets, net | 2,654.5 | 2,781.8 |
| Long-term deferred tax assets | 1,637.5 | 1,596.5 |
| Other assets | 571.7 | 611.9 |
| Total assets | $15,622.3 | $15,873.2 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Accounts payable | $204.2 | $213.0 |
| Accrued liabilities | 1,135.2 | 1,307.0 |
| Current portion of long-term debt | 1,946.3 | 999.4 |
| Total current liabilities | 3,285.7 | 2,519.4 |
| Long-term debt | 4,476.6 | 5,000.4 |
| Long-term income tax payable | 590.4 | 649.2 |
| Long-term deferred tax liability | 29.8 | 28.8 |
| Other long-term liabilities | 963.9 | 1,017.6 |
| Stockholders' equity: | ||
| Preferred stock, $0.001 par value; authorized 5,000,000 shares; no shares issued or outstanding | — | — |
| Common stock, $0.001 par value; authorized 900,000,000 shares; 577,807,023 shares issued and 537,010,234 shares outstanding at September 30, 2024; 577,806,659 shares issued and 536,663,691 shares outstanding at March 31, 2024 | 0.5 | 0.5 |
| Additional paid-in capital | 2,445.6 | 2,482.9 |
| Common stock held in treasury: 40,796,789 shares at September 30, 2024; 41,142,968 shares at March 31, 2024 | (2,643.3) | (2,581.6) |
| Accumulated other comprehensive loss | (7.8) | (3.5) |
| Retained earnings | 6,480.9 | 6,759.5 |
| Total stockholders' equity | 6,275.9 | 6,657.8 |
| Total liabilities and stockholders' equity | $15,622.3 | $15,873.2 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.