Monolithic Power Systems Inc (MPWR)

Debt-to-capital 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 stockholders’ equity	US$ in thousands	3,145,770	2,351,690	2,195,860	2,113,560	2,049,940	1,944,860	1,839,090	1,776,260	1,668,600	1,530,710	1,423,120	1,326,110	1,243,980	1,162,710	1,087,360	1,021,580	966,587	914,569	848,945	813,190
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,145,770K)
= 0.00

The debt-to-capital ratio of Monolithic Power Systems Inc has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing in relation to its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital is entirely financed by equity, which may be perceived positively by investors as it suggests a lower financial risk and less reliance on external debt financing. Maintaining a low debt-to-capital ratio can also provide the company with financial flexibility and stability, allowing it to weather economic downturns more effectively. Overall, a consistent debt-to-capital ratio of 0.00 suggests that Monolithic Power Systems Inc has been effectively managing its capital structure without resorting to debt financing.