Sumit Mitra - Microchip Technology 32bit President

MCHP Stock  USD 68.17  0.30  0.44%   

President

Sumit Mitra is 32bit President of Microchip Technology
Address 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199
Phone480 792 7200
Webhttps://www.microchip.com

Microchip Technology Management Efficiency

The company has return on total asset (ROA) of 0.0441 % which means that it generated a profit of $0.0441 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.118 %, meaning that it created $0.118 on every $100 dollars invested by stockholders. Microchip Technology's management efficiency ratios could be used to measure how well Microchip Technology manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Microchip Technology's Return On Tangible Assets are relatively stable compared to the past year. As of 12/01/2024, Return On Equity is likely to grow to 0.30, while Return On Capital Employed is likely to drop 0.17. At this time, Microchip Technology's Total Current Liabilities is relatively stable compared to the past year. As of 12/01/2024, Liabilities And Stockholders Equity is likely to grow to about 16.7 B, while Non Current Liabilities Other is likely to drop slightly above 581 M.
Microchip Technology currently holds 6.03 B in liabilities with Debt to Equity (D/E) ratio of 1.27, which is about average as compared to similar companies. Microchip Technology has a current ratio of 1.74, which is within standard range for the sector. Note, when we think about Microchip Technology's use of debt, we should always consider it together with its cash and equity.

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Microchip Technology Incorporated develops, manufactures, and sells smart, connected, and secure embedded control solutions in the Americas, Europe, and Asia. Microchip Technology Incorporated was incorporated in 1989 and is headquartered in Chandler, Arizona. Microchip Technology operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 21000 people. Microchip Technology (MCHP) is traded on NASDAQ Exchange in USA. It is located in 2355 West Chandler Boulevard, Chandler, AZ, United States, 85224-6199 and employs 22,300 people. Microchip Technology is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification.

Management Performance

Microchip Technology Leadership Team

Elected by the shareholders, the Microchip Technology's board of directors comprises two types of representatives: Microchip Technology inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Microchip. The board's role is to monitor Microchip Technology's management team and ensure that shareholders' interests are well served. Microchip Technology's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Microchip Technology's outside directors are responsible for providing unbiased perspectives on the board's policies.
Stephen Drehobl, VP of Mcu8 Division and Technology Devel. Division
Ganesh Moorthy, President CEO
Mathew Bunker, Senior Operations
James Bjornholt, CFO and VP
Kimberly Herk, Corporate Counsel
Richard Simoncic, Vice President - Analog and Interface Products Division
Joseph Krawczyk, Senior Engagement
Sumit Mitra, 32bit President
Mari Valenzuela, Corporate Counsel
Mitchel Obolsky, Senior Units
Lauren Carr, Senior Resources
Stephen Sanghi, Executive Chair
Sajid Daudi, Head Relations
Michael Finley, Senior Operations
Ellen Barker, Senior Director

Microchip Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Microchip Technology a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Microchip Technology

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Microchip Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Microchip Technology will appreciate offsetting losses from the drop in the long position's value.

Moving together with Microchip Stock

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Moving against Microchip Stock

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The ability to find closely correlated positions to Microchip Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microchip Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microchip Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microchip Technology to buy it.
The correlation of Microchip Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microchip Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microchip Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microchip Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Microchip Stock Analysis

When running Microchip Technology's price analysis, check to measure Microchip Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Microchip Technology is operating at the current time. Most of Microchip Technology's value examination focuses on studying past and present price action to predict the probability of Microchip Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Microchip Technology's price. Additionally, you may evaluate how the addition of Microchip Technology to your portfolios can decrease your overall portfolio volatility.