Stock Analysis on Net

Monolithic Power Systems Inc. (NASDAQ:MPWR)

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Monolithic Power Systems Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Accounts payable 102,526 62,958 61,461 83,027 38,169
Accrued compensation and related benefits 63,918 56,286 88,260 62,635 45,840
Dividends and dividend equivalents 60,622 57,697 42,170 32,364 26,435
Stock rotation and sales returns 20,799 18,843 14,931 5,748 6,005
Other 46,702 39,251 56,578 43,170 30,520
Other accrued liabilities 128,123 115,791 113,679 81,282 62,960
Current liabilities 294,567 235,035 263,400 226,944 146,969
Income tax liabilities 65,193 60,724 53,509 47,669 37,062
Deferred compensation plan liabilities 93,653 80,903 64,863 55,489 48,280
Dividend equivalents 4,943 2,187 6,847 8,470 7,871
Long-term operating lease liabilities 12,974 5,565 1,664 3,268 1,693
Other 29
Other long-term liabilities 111,570 88,655 73,374 67,227 57,873
Long-term liabilities 176,763 149,379 126,883 114,896 94,935
Total liabilities 471,330 384,414 390,283 341,840 241,904
Common stock and additional paid-in capital, $0.001 par value 706,817 1,129,937 975,276 803,226 657,701
Retained earnings 2,487,461 947,064 716,403 424,879 298,746
Accumulated other comprehensive income (loss) (48,511) (27,062) (23,077) 15,880 10,140
Stockholders’ equity 3,145,767 2,049,939 1,668,602 1,243,985 966,587
Total liabilities and stockholders’ equity 3,617,097 2,434,353 2,058,885 1,585,825 1,208,491

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Monolithic Power Systems Inc. current liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Monolithic Power Systems Inc. long-term liabilities increased from 2022 to 2023 and from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Monolithic Power Systems Inc. total liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Stockholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Monolithic Power Systems Inc. stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.