Microchip Technology's Form 8-K: Financial Insights & Stock Overview (March 2025)

From the provided section of the financial report for Microchip Technology Incorporated, the following key information can be extracted:
- Company Information:
- Name: Microchip Technology Incorporated
- CIK Number: 0000827054
- Address: 2355 West Chandler Boulevard, Chandler, AZ 85224-6199
- Phone Number: (480) 792-7200
- SEC Filing: Form 8-K
- Filing Date: March 20, 2025
- Stock Information:
- Common Stock:
- Par Value: $0.001 per share
- Ticker Symbol: MCHP
- Exchange: NASDAQ
- Preferred Stock:
- Type: 7.50% Series A Mandatory Convertible Preferred Stock
- Par Value: $0.001
- Ticker Symbol: MCHPP
- Each depositary share represents a 1/20th interest in a share of the preferred stock.
- Context of Reporting:
- The reporting period for the financial data corresponds to a single day, March 20, 2025.
- The report includes details regarding common stock and ADR (American Depositary Receipts).
- Regulatory Compliance:
- The report adheres to XBRL (eXtensible Business Reporting Language) standards, and is tagged with appropriate namespaces indicating compliance with GAAP (Generally Accepted Accounting Principles).
Insights:
- The focus on both common and preferred stock indicates a diverse capital structure, potentially appealing to different investor segments.
- The filing of an 8-K suggests that there may have been significant events or changes that warranted immediate disclosure to investors.
- The explicit mention of the dates and compliance with XBRL indicates a commitment to transparency and regulatory standards in reporting.
Overall, this financial report snapshot provides insights into Microchip Technology's capital structure and regulatory compliance, which are essential for investors and stakeholders analyzing the company's financial health and market position.