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MICROCHIP TECHNOLOGY INC Interest Expense 2008-2025 | MCHP

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is MICROCHIP TECHNOLOGY INC's current interest expense?

MICROCHIP TECHNOLOGY INC (MCHP) annual interest expense for 2024 was $198.3M, a 2.75% decline from 2023. MICROCHIP TECHNOLOGY INC interest expense for the quarter ending September 30, 2024 was $59.1M.

What was MICROCHIP TECHNOLOGY INC's interest expense in 2023?

MICROCHIP TECHNOLOGY INC annual interest expense for 2023 was $203.9M, a 20.66% decline from 2022.

What was MICROCHIP TECHNOLOGY INC's interest expense in 2022?

MICROCHIP TECHNOLOGY INC annual interest expense for 2022 was $257.0M, a 27.99% decline from 2021.

What is MICROCHIP TECHNOLOGY INC's 5-year interest expense CAGR?

MICROCHIP TECHNOLOGY INC interest expense grew at a compound annual growth rate (CAGR) of 16.98% from FY2019 to FY2024, going from $502.9M to $198.3M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Declining
CAGR-17.0%
FY2019
$502.9M
→
FY2024
$198.3M
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5 years selected
Interest Expense History
PeriodValueChangeSource
FY2024$198.3M-2.7%10-K
FY2023$203.9M-20.7%10-K
FY2022$257.0M-28.0%10-K
FY2021$356.9M-28.2%10-K
FY2020$497.3M-1.1%10-K
FY2019$502.9M+152.7%10-K
FY2018$199.0M+36.0%10-K
FY2017$146.3M+40.7%10-K
FY2016$104.0M+67.6%10-K
FY2015$62.0M+27.3%10-K
FY2014$48.7M+19.1%10-K
FY2013$40.9M+19.4%10-K
FY2012$34.3M+8.7%10-K
FY2011$31.5M+1.2%10-K
FY2010$31.1M+5.8%10-K
FY2009$29.4M+210.1%10-K
FY2008$9.5M-10-K
Company: MICROCHIP TECHNOLOGY INCTicker: MCHPSector: TechnologyIndustry: Semiconductors & Related DevicesView company profile →