Microchip Technology Announces Financial Results for Second Quarter of Fiscal Year 2025

MICROCHIP TECHNOLOGY INCORPORATED AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions; unaudited)
 
ASSETS
 September 30, March 31,
 2024 2024
Cash and short-term investments$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
Other assets 11,545.6  11,665.6
Total assets$15,622.3 $15,873.2
    
LIABILITIES AND STOCKHOLDERS' EQUITY
    
Accounts payable and accrued liabilities$1,339.4 $1,520.0
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   6,275.9     6,657.8
Total liabilities and stockholders' equity $ 15,622.3   $ 15,873.2
           



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