Monolithic Power Systems Inc (MPWR)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 3,617,100 | 2,434,350 | 2,058,880 | 1,585,820 | 1,208,490 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,617,100K
= 0.00
Monolithic Power Systems Inc has consistently maintained a debt-to-assets ratio of 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during this period. This suggests that the company has been funding its operations and investments primarily through equity rather than debt financing. A low or zero debt-to-assets ratio can be a positive sign, as it indicates lower financial risk and less reliance on external financing. It also implies that the company may have a strong financial position and may be less susceptible to potential financial distress caused by high debt levels.
Peer comparison
Dec 31, 2024