Power Integrations Inc (POWI)
Solvency ratios
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Debt-to-equity 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 |
| Financial leverage ratio | 1.09 | 1.10 | 1.12 | 1.12 | 1.11 | 1.12 | 1.14 | 1.12 | 1.11 | 1.11 | 1.11 | 1.11 | 1.11 | 1.12 | 1.12 | 1.11 | 1.11 | 1.13 | 1.14 | 1.13 |
Power Integrations Inc. consistently maintains a strong solvency position, as indicated by the consistent trend of 0.00 across all debt-related ratios, including debt-to-assets, debt-to-capital, and debt-to-equity ratios across the quarters shown. This suggests that the company operates with minimal debt relative to its total assets, capital, and equity.
However, the financial leverage ratio has shown a slight increase over the quarters, ranging from 1.09 in Q4 2022 to 1.12 in Q1 2023. This indicates that the company's reliance on debt financing has marginally increased, leading to a slightly higher level of financial leverage in the most recent quarter. Despite this increase, the financial leverage ratio remains relatively low, indicating that Power Integrations Inc. still maintains a solid financial position with a healthy balance between debt and equity in its capital structure.
Coverage ratios
| 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 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | — | 1,217.51 | 181.13 | 59.86 | 91.44 | 163.72 | 335.59 | — | — | — | — | — | — | — | — | — | — | — | — |
I'm sorry, but without specific data on the interest expense and earnings before interest and taxes (EBIT) for each quarter, it is not possible to calculate the interest coverage ratio for Power Integrations Inc. As such, a detailed analysis of the trend or position of the interest coverage ratio cannot be provided based on the information given in the table. To perform a meaningful analysis, the interest expense and EBIT figures for the corresponding periods would be necessary. If you could provide these additional data points, I would be happy to assist further in analyzing Power Integrations Inc.'s interest coverage.