Stock Analysis on Net
AI Tokens
Stock Analysis on Net

Monolithic Power Systems Inc. (NASDAQ:MPWR)

This company has been moved to the archive! The financial data has not been updated since May 5, 2025.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

Monolithic Power Systems Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

Microsoft Excel
Mar 31, 2025 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
Accounts payable 3.35 2.83 4.06 3.77 4.01 2.59 2.78 3.18 2.60 2.99 4.07 4.36 4.18 5.24 4.82 4.29 4.38 3.16 4.15 4.22 3.75
Accrued compensation and related benefits 1.97 1.77 2.85 2.41 2.74 2.31 2.78 3.01 4.58 4.29 5.35 4.77 5.24 3.95 5.07 4.03 4.30 3.79 4.16 3.06 1.85
Other accrued liabilities 4.24 3.54 4.88 4.96 5.35 4.76 5.18 5.11 7.00 5.52 5.65 5.11 6.48 5.13 5.33 4.99 5.68 5.21 5.32 5.49 5.57
Current liabilities 9.55% 8.14% 11.79% 11.15% 12.09% 9.65% 10.74% 11.30% 14.18% 12.79% 15.07% 14.25% 15.90% 14.31% 15.22% 13.31% 14.36% 12.16% 13.63% 12.77% 11.17%
Income tax liabilities 1.83 1.80 2.26 2.28 2.57 2.49 2.40 2.43 2.56 2.60 2.59 2.65 2.90 3.01 2.74 2.80 2.83 3.07 3.07 3.33 3.73
Other long-term liabilities 2.78 3.08 3.57 3.65 3.37 3.64 3.32 3.45 3.49 3.56 3.08 3.40 3.82 4.24 4.31 4.69 4.71 4.79 4.55 4.65 4.39
Long-term liabilities 4.61% 4.89% 5.83% 5.93% 5.94% 6.14% 5.72% 5.89% 6.04% 6.16% 5.67% 6.05% 6.73% 7.25% 7.05% 7.49% 7.55% 7.86% 7.62% 7.98% 8.12%
Total liabilities 14.16% 13.03% 17.62% 17.08% 18.04% 15.79% 16.46% 17.18% 20.23% 18.96% 20.74% 20.30% 22.63% 21.56% 22.27% 20.80% 21.91% 20.02% 21.25% 20.74% 19.29%
Common stock and additional paid-in capital, $0.001 par value 20.10 19.54 44.63 46.23 45.62 46.42 46.93 47.52 45.68 47.37 48.62 49.95 49.47 50.65 51.46 53.44 53.46 54.42 54.46 56.50 57.74
Retained earnings 66.88 68.77 38.49 38.37 37.92 38.90 38.63 37.26 34.90 34.80 32.81 30.57 27.30 26.79 25.48 24.86 24.09 24.72 24.08 23.14 23.97
Accumulated other comprehensive income (loss) -1.14 -1.34 -0.74 -1.68 -1.57 -1.11 -2.02 -1.95 -0.81 -1.12 -2.17 -0.82 0.60 1.00 0.78 0.90 0.54 0.84 0.21 -0.38 -0.99
Stockholders’ equity 85.84% 86.97% 82.38% 82.92% 81.96% 84.21% 83.54% 82.82% 79.77% 81.04% 79.26% 79.70% 77.37% 78.44% 77.73% 79.20% 78.09% 79.98% 78.75% 79.26% 80.71%
Total liabilities and stockholders’ equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).

The capital structure exhibits a consistent transition toward a more equity-heavy financing model, characterized by a gradual reduction in total liabilities and a corresponding increase in stockholders' equity over the analyzed period.

Liability Profile and Leverage
Total liabilities have decreased from a peak of 22.63% in March 2022 to 14.16% by March 2025. This reduction is evident in both short-term and long-term obligations. Current liabilities, which peaked at 15.90% in early 2022, trended downward to 9.55% by the end of the period. Similarly, long-term liabilities showed a steady decline, falling from 8.12% in March 2020 to 4.61% in March 2025, indicating a lower reliance on long-term debt relative to the total balance sheet.
Equity Composition and Structural Shifts
Stockholders' equity increased from 80.71% in March 2020 to 85.84% in March 2025. A significant structural shift occurred between September 30, 2024, and December 31, 2024, where common stock and additional paid-in capital dropped sharply from 44.63% to 19.54%. Concurrently, retained earnings surged from 38.49% to 68.77%. This suggests a major redistribution of equity, likely stemming from substantial share repurchases or accounting reclassifications, shifting the primary source of equity from contributed capital to earned capital.
Current Obligations and Accruals
Accounts payable and accrued compensation remained relatively stable as a percentage of the total balance sheet throughout the period, though both trended lower in the final two years. Accrued compensation peaked at 5.24% in March 2022 before declining to 1.97% by March 2025. Other accrued liabilities remained a significant component of the liability structure, fluctuating between 3.54% and 7.00%.
Comprehensive Income Trends
Accumulated other comprehensive income (loss) remained a marginal component of the total balance sheet. After initially fluctuating around 0% in 2020, it entered a period of sustained negative values, reaching -2.17% in September 2022 and ending at -1.14% in March 2025, indicating periodic unrealized losses.

AI Ask an analyst for more

My previous chats

Add tokens

Hi, I’m an AI-powered financial analyst at Stock Analysis on Net.
Without a user account, I tend to respond rather slowly.

How can I help you?