Monolithic Power Systems Inc (MPWR)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	3,617,100	2,854,740	2,648,130	2,578,700	2,434,350	2,328,090	2,220,620	2,226,650	2,058,880	1,931,220	1,785,690	1,713,980	1,585,820	1,495,900	1,372,990	1,308,190	1,208,490	1,161,290	1,071,160	1,007,500
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	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 over the reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing in relation to its total assets, implying a low level of financial leverage and reliance on external borrowing to fund its operations. A debt-to-assets ratio of 0.00 typically signifies a strong financial position, as the company's assets are primarily financed by equity rather than debt. Monolithic Power Systems' consistent 0.00 debt-to-assets ratio could suggest a conservative financial strategy focused on minimizing risk associated with debt obligations and interest payments.