Microchip Technology's quarterly market cap
declined
from Dec. 2023 ($48,732 Mil) to Mar. 2024 ($48,144 Mil) but then
increased
from Mar. 2024 ($48,144 Mil) to Jun. 2024 ($49,090 Mil).
Microchip Technology's annual market cap
increased
from Mar. 2022 ($41,665 Mil) to Mar. 2023 ($45,699 Mil) and
increased
from Mar. 2023 ($45,699 Mil) to Mar. 2024 ($48,144 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Microchip Technology's Enterprise Value for Today is $47,301 Mil.
Microchip Technology Market Cap Historical Data
The historical data trend for Microchip Technology's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Microchip Technology's Market Cap
For the Semiconductors subindustry, Microchip Technology's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Microchip Technology's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Microchip Technology's Market Cap distribution charts can be found below:
* The bar in red indicates where Microchip Technology's Market Cap falls into.
Microchip Technology Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Microchip Technology's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Microchip Technology (NAS:MCHP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Microchip Technology Market Cap Related Terms
Thank you for viewing the detailed overview of Microchip Technology's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Microchip Technology became an independent company in 1989 when it was spun off from General Instrument. More than half of revenue comes from MCUs, which are used in a wide array of electronic devices from remote controls to garage door openers to power windows in autos. The company's strength lies in lower-end 8-bit MCUs that are suitable for a wider range of less technologically advanced devices, but the firm has expanded its presence in higher-end MCUs and analog chips as well.
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