Microchip Technology Incorporated (MCHP) Quick Ratio (Acid-Test): 1.18
Is Microchip Technology Incorporated’s quick ratio (acid-test) high or low?
Microchip Technology Incorporated's quick ratio (acid-test) of 1.18 is 26% above its 5-year average of 0.94, around the middle of its 5-year range (0.56–1.47).
As of Thursday, June 11, 2026. 10.94% below its 12-month average of 1.32.
MCHP Quick Ratio (Acid-Test) Chart
MCHP Average Quick Ratio (Acid-Test) Chart
MCHP Current vs Average Quick Ratio (Acid-Test) Chart
MCHP Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.18
QUICK RATIO (ACID-TEST) AVG TTM
1.32
QUICK RATIO (ACID-TEST) AVG 3Y
0.97
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
1.69
QUICK RATIO (ACID-TEST) AVG 15Y
3.01
QUICK RATIO (ACID-TEST) AVG 20Y
3.79
CURRENT VS TTM AVG
-10.94%
CURRENT VS 3Y AVG
+21.65%
CURRENT VS 5Y AVG
+25.75%
CURRENT VS 10Y AVG
-30.25%
CURRENT VS 15Y AVG
-60.84%
CURRENT VS 20Y AVG
-68.90%
MCHP Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $48.90B | 1.18 | 1.32 | 0.97 | 0.94 |
| Block, Inc. (SQ) | $51.73B | -0.18 | 2.15 | 2.02 | 1.97 |
| ON Semiconductor Corporation (ON) | $44.55B | 2.98 | 3.18 | 2.52 | 2.14 |
| Teradyne, Inc. (TER) | $54.41B | 1.41 | 1.63 | 1.81 | 2.08 |
| Keysight Technologies, Inc. (KEYS) | $55.37B | 1.78 | 2.02 | 2.08 | 2.18 |
| Block, Inc. (XYZ) | $40.06B | 2.19 | 2.25 | 2.08 | 2.02 |
| Hewlett Packard Enterprise Company (HPE) | $60.25B | 0.76 | 0.88 | 0.77 | 0.75 |
| Workday, Inc. (WDAY) | $34.66B | 1.32 | 1.58 | 1.70 | 1.48 |
| Fiserv, Inc. (FI) | $34.31B | 1.03 | 1.04 | 1.04 | 1.04 |
| Ubiquiti Inc. (UI) | $33.74B | 0.70 | 1.15 | 1.17 | 1.24 |
Liquidity Comparison
Quick Ratio
1.18
Excludes inventory
Current Ratio
2.09
Includes inventory
Microchip Technology Incorporated Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Microchip Technology Incorporated Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The quick ratio (acid-test) for MCHP stock is 1.18.
- Is Microchip Technology Incorporated's quick ratio (acid-test) high or low?
- Microchip Technology Incorporated's quick ratio (acid-test) of 1.18 is 26% above its 5-year average of 0.94, around the middle of its 5-year range (0.56–1.47).
- What is the TTM average quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The TTM average quick ratio (acid-test) for MCHP stock is 1.32.
- What is the 3Y average quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The 3Y average quick ratio (acid-test) for MCHP stock is 0.97.
- What is the 5Y average quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The 5Y average quick ratio (acid-test) for MCHP stock is 0.94.
- What is the 10Y average quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The 10Y average quick ratio (acid-test) for MCHP stock is 1.69.
- What is the 15Y average quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The 15Y average quick ratio (acid-test) for MCHP stock is 3.01.
- What is the 20Y average quick ratio (acid-test) for Microchip Technology Incorporated (MCHP)?
- The 20Y average quick ratio (acid-test) for MCHP stock is 3.79.
Microchip Technology Incorporated Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 1.18 |
| 2025-03-31 | 1.47 |
| 2024-03-31 | 0.67 |
| 2023-03-31 | 0.56 |
| 2022-03-31 | 1.14 |
| 2021-03-31 | 0.61 |
| 2020-03-31 | 0.94 |
| 2019-03-31 | 0.63 |
| 2018-03-31 | 1.43 |
| 2017-03-31 | 2.68 |
| 2016-03-31 | 7.30 |
| 2015-03-31 | 6.74 |
| 2014-03-31 | 5.08 |
| 2013-03-31 | 5.84 |
| 2012-03-31 | 7.26 |
| 2011-03-31 | 4.68 |
| 2010-03-31 | 7.35 |
| 2009-03-31 | 10.35 |
| 2008-03-31 | 8.34 |
| 2007-03-31 | 3.77 |
| 2006-03-31 | 1.65 |
| 2005-03-31 | 3.17 |
| 2004-03-31 | 2.92 |
| 2003-03-31 | 2.36 |
| 2002-03-31 | 2.74 |
| 2001-03-31 | 1.42 |
| 2000-03-31 | 1.81 |
| 1999-03-31 | 1.23 |
| 1998-03-31 | 0.92 |
| 1997-03-31 | 1.35 |
Related Metrics
About Microchip Technology Incorporated
Microchip Technology Incorporated creates, produces, and sells intelligent, interconnected, and secure embedded control solutions to customers throughout the Americas, Europe, and Asia. The company's core offerings include a range of microcontrollers, such as general-purpose 8-bit, 16-bit, and 32-bit models, as well as 32-bit embedded microprocessors. These specialized microcontrollers are designed for numerous applications across industries like automotive, industrial, computing, communications, lighting, power supplies, motor control, human-machine interfaces, security, and various wired and wireless connectivity needs. Beyond its processors, Microchip provides development tools that enable system designers to program its microcontroller and microprocessor units for specific tasks. Its product lineup also features Field-Programmable Gate Arrays (FPGAs) and a broad selection of analog, interface, mixed-signal, and timing components. This extensive category encompasses power management, linear, high-voltage, thermal management, discrete diodes and MOSFETs, radio frequency (RF), drivers, safety, security, USB, Ethernet, wireless, and other interface products. For compact device applications, the company supplies memory products such as serial EEPROM, serial and parallel flash, serial SRAM, and serial EERAM. A significant aspect of Microchip's business involves licensing its SuperFlash embedded flash and NVM technologies. These are provided to foundries, integrated device manufacturers, and design partners for use in manufacturing their own microcontrollers, gate arrays, RF, analog, and neuromorphic computing products that require integrated non-volatile memory. Moreover, Microchip delivers engineering services, along with wafer foundry, assembly, and test subcontracting manufacturing services. It also produces specialized timing systems, application-specific integrated circuits (ASICs), and aerospace products. Microchip Technology Incorporated was established in 1989 and is headquartered in Chandler, Arizona.
- Sector
- Technology
- Industry
- Semiconductors
- CEO
- Stephen Sanghi