2 µA quiescent current — the always-on enabler
The TCR2LF32,LM(CT draws a typical quiescent current of 2 µA. For a 200 mA LDO, that is the difference between a battery that lasts the product life and one that needs quarterly replacement. The fixed 3.2 V output and enable pin let the system power-rail sequence without an external supervisor — pull the enable low and the regulator drops to near-zero draw.
Dropout and headroom at the load point
Maximum dropout is 0.3 V at 150 mA. That means with a 5.5 V max input, a 3.2 V rail stays regulated as long as the input stays above 3.5 V at full load. The 200 mA continuous output is the nominal ceiling — the over-current protection clips the output if the load tries to pull more, so the downstream circuitry sees a hard current limit rather than a voltage sag.
