Monolithic Power Systems Inc (MPWR)

Interest coverage

		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	Dec 31, 2019	Sep 30, 2019	Mar 31, 2019	Dec 31, 2018
Earnings before interest and tax (EBIT) (ttm)	US$ in thousands	481,736	509,059	525,364	554,927	526,785	468,465	393,725	312,465	262,417	223,807	206,655	173,982	158,882	149,614	119,667	113,429	115,520	118,319	113,169	113,489
Interest expense (ttm)	US$ in thousands	0	-1,306	2,278	5,611	14,369	13,913	13,379	12,816	11,637	10,356	9,617	9,235	9,327	9,171	6,860	4,472	2,491	786	1,179	1,572
Interest coverage		—	—	230.63	98.90	36.66	33.67	29.43	24.38	22.55	21.61	21.49	18.84	17.03	16.31	17.44	25.36	46.37	150.53	95.99	72.19

December 31, 2023 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $481,736K ÷ $0K
= —

As the data for interest coverage ratio is not provided in the table, we are unable to calculate or analyze the trend of Monolithic Power System Inc's interest coverage over the specified periods. The interest coverage ratio is critical in assessing a company's ability to meet its interest obligations from its operating income. It indicates the extent to which the company's operating income can cover its interest expenses. For a more comprehensive financial analysis of the company's ability to service its debt obligations, it would be advisable to obtain the actual interest coverage ratio data from the company's financial statements or other sources.