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Microchip Technology (WBO:MCHP) Retained Earnings : €6,279 Mil (As of Dec. 2023)


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What is Microchip Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Microchip Technology's retained earnings for the quarter that ended in Dec. 2023 was €6,279 Mil.

Microchip Technology's quarterly retained earnings increased from Jun. 2023 (€5,743 Mil) to Sep. 2023 (€6,246 Mil) and increased from Sep. 2023 (€6,246 Mil) to Dec. 2023 (€6,279 Mil).

Microchip Technology's annual retained earnings increased from Mar. 2021 (€2,851 Mil) to Mar. 2022 (€3,791 Mil) and increased from Mar. 2022 (€3,791 Mil) to Mar. 2023 (€5,384 Mil).


Microchip Technology Retained Earnings Historical Data

The historical data trend for Microchip Technology's Retained Earnings 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.

* Premium members only.

Microchip Technology Retained Earnings Chart

Microchip Technology Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,841.38 3,106.32 2,850.54 3,791.08 5,383.67

Microchip Technology Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,056.06 5,383.67 5,742.54 6,245.57 6,278.97

Microchip Technology Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Microchip Technology  (WBO:MCHP) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Microchip Technology (WBO:MCHP) Business Description

Traded in Other Exchanges
Address
2355 West Chandler Boulevard, Chandler, AZ, USA, 85224-6199
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.