Monolithic Power Systems Inc (MPWR)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,049,940 | 1,668,600 | 1,243,980 | 966,587 | 773,491 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,049,940K
= 0.00
Based on the data provided for Monolithic Power System Inc, the debt-to-equity ratio has been consistently reported as 0.00 for the years ending December 31, 2019, 2020, 2021, 2022, and 2023. This indicates that the company has been entirely financed by equity and has not utilized any debt to fund its operations or growth during these periods. A debt-to-equity ratio of 0.00 suggests that there is no debt involved in the capital structure of the company compared to its equity, highlighting a strong financial position with minimal financial leverage. This may signify financial stability, low financial risk, and potentially greater flexibility in managing operations without the burden of debt obligations. However, while a low debt-to-equity ratio is generally perceived positively, it is essential to consider the context of the industry and business strategy when evaluating the overall financial health and risk profile of the company.
Peer comparison
Dec 31, 2023