Financial Statements

Microchip Technology Incorporated (MCHP)

$82.94

+0.04 (+0.05%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2023 2022 2021 2020 2019
Retained Earnings (Previous Year) 4,1753,3943,4323,211-
Net Income 2,2381,286349571356
Stock Dividends 47--13,199
Dividend Paid -695-504-388-350-344
Retained Earnings 5,7644,1753,3943,4323,211

PPE Schedule

Year 2023 2022 2021 2020 2019
Gross PPE 968855876997-
Annual Depreciation 69648371-531,226
Capital Expenditure -486-370-93-68-229
Net PPE 1,178968855876997

Intangible and Goodwill Schedule

Year 2023 2022 2021 2020 2019
Intangible and Goodwill (Previous Year) -6,6646,6656,6716,674
New Purchases -168-2---
Intangible and Goodwill 6,6646,6656,6716,6746,674

Microchip Technology Incorporated income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Microchip Technology Incorporated FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.