Monolithic Change Receivables vs Free Cash Flow Analysis

MPWR Stock

USD 911.12 50.46 5.86%

Monolithic Power financial indicator trend analysis is infinitely more than just investigating Monolithic Power Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Monolithic Power Systems is a good investment. Please check the relationship between Monolithic Power Change Receivables and its Free Cash Flow accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monolithic Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

Change Receivables vs Free Cash Flow

Change Receivables vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Monolithic Power Systems Change Receivables account and Free Cash Flow. At this time, the significance of the direction appears to have pay attention.

The correlation between Monolithic Power's Change Receivables and Free Cash Flow is -0.82. Overlapping area represents the amount of variation of Change Receivables that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Monolithic Power Systems, assuming nothing else is changed. The correlation between historical values of Monolithic Power's Change Receivables and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change Receivables of Monolithic Power Systems are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Change Receivables i.e., Monolithic Power's Change Receivables and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.82

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Monolithic Power's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Monolithic Power Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Monolithic Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing.

At this time, Monolithic Power's Selling General Administrative is relatively stable compared to the past year. As of 09/20/2024, Tax Provision is likely to grow to about 81.4 M, while Enterprise Value Over EBITDA is likely to drop 31.90.

	2021	2022	2023	2024 (projected)
Gross Profit	685.5M	1.0B	1.0B	1.1B
Total Revenue	1.2B	1.8B	1.8B	1.9B

Gross Profit Total Revenue

Monolithic Power fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Total Stockholder Equity	Net Debt	Cash	Other Assets	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Other Current Liab	Total Current Liabilities	Other Liab	Property Plant And Equipment Net	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Property Plant And Equipment Gross	Common Stock	Property Plant Equipment
Common Stock Shares Outstanding		0.47	0.46	-0.41	0.38	0.41	0.47	0.08	0.51	0.45	0.53	0.5	0.52	0.55	0.37	0.5	0.5	0.3	0.34	0.53	0.44	0.45	0.46	0.44	0.53	0.52
Total Assets	0.47		1.0	-0.93	0.93	0.38	0.99	-0.11	0.98	1.0	0.85	0.97	0.96	0.96	0.98	0.92	0.99	0.92	0.98	1.0	0.97	0.98	0.99	1.0	1.0	0.98
Total Stockholder Equity	0.46	1.0		-0.94	0.94	0.36	0.99	-0.12	0.97	1.0	0.83	0.96	0.95	0.95	0.99	0.9	0.98	0.93	0.98	0.99	0.96	0.97	0.98	0.99	0.99	0.97
Net Debt	-0.41	-0.93	-0.94		-1.0	-0.15	-0.96	0.02	-0.87	-0.94	-0.66	-0.84	-0.86	-0.85	-0.94	-0.76	-0.88	-0.9	-0.93	-0.92	-0.88	-0.85	-0.87	-0.91	-0.92	-0.88
Cash	0.38	0.93	0.94	-1.0		0.13	0.96	-0.02	0.86	0.94	0.65	0.83	0.86	0.85	0.94	0.75	0.88	0.9	0.94	0.92	0.88	0.85	0.87	0.91	0.92	0.88
Other Assets	0.41	0.38	0.36	-0.15	0.13		0.25	-0.48	0.5	0.33	0.79	0.54	0.45	0.48	0.29	0.46	0.51	0.34	0.26	0.41	0.4	0.53	0.47	0.43	0.41	0.44
Cash And Short Term Investments	0.47	0.99	0.99	-0.96	0.96	0.25		0.01	0.96	0.99	0.78	0.94	0.95	0.95	0.97	0.9	0.96	0.89	0.97	0.98	0.95	0.93	0.96	0.97	0.98	0.96
Other Stockholder Equity	0.08	-0.11	-0.12	0.02	-0.02	-0.48	0.01		-0.07	-0.09	-0.23	-0.1	-0.02	0.02	-0.19	0.1	-0.16	-0.41	-0.2	-0.08	-0.03	-0.28	-0.1	-0.17	-0.08	0.02
Total Liab	0.51	0.98	0.97	-0.87	0.86	0.5	0.96	-0.07		0.97	0.92	0.99	0.98	0.99	0.94	0.96	0.99	0.86	0.92	0.99	0.98	0.97	1.0	0.98	0.99	0.99
Total Current Assets	0.45	1.0	1.0	-0.94	0.94	0.33	0.99	-0.09	0.97		0.82	0.96	0.95	0.95	0.99	0.91	0.98	0.92	0.98	0.99	0.96	0.97	0.98	0.99	0.99	0.97
Other Current Liab	0.53	0.85	0.83	-0.66	0.65	0.79	0.78	-0.23	0.92	0.82		0.94	0.87	0.91	0.78	0.89	0.91	0.72	0.75	0.87	0.84	0.91	0.9	0.87	0.86	0.89
Total Current Liabilities	0.5	0.97	0.96	-0.84	0.83	0.54	0.94	-0.1	0.99	0.96	0.94		0.95	0.98	0.93	0.97	0.99	0.84	0.91	0.97	0.95	0.97	0.99	0.97	0.97	0.98
Other Liab	0.52	0.96	0.95	-0.86	0.86	0.45	0.95	-0.02	0.98	0.95	0.87	0.95		0.98	0.91	0.92	0.97	0.84	0.89	0.97	0.99	0.93	0.97	0.95	0.97	0.98
Property Plant And Equipment Net	0.55	0.96	0.95	-0.85	0.85	0.48	0.95	0.02	0.99	0.95	0.91	0.98	0.98		0.9	0.96	0.98	0.8	0.88	0.98	0.97	0.94	0.98	0.96	0.98	1.0
Retained Earnings	0.37	0.98	0.99	-0.94	0.94	0.29	0.97	-0.19	0.94	0.99	0.78	0.93	0.91	0.9		0.86	0.95	0.96	1.0	0.97	0.93	0.96	0.95	0.98	0.97	0.92
Accounts Payable	0.5	0.92	0.9	-0.76	0.75	0.46	0.9	0.1	0.96	0.91	0.89	0.97	0.92	0.96	0.86		0.93	0.71	0.84	0.93	0.91	0.9	0.95	0.91	0.92	0.95
Non Current Assets Total	0.5	0.99	0.98	-0.88	0.88	0.51	0.96	-0.16	0.99	0.98	0.91	0.99	0.97	0.98	0.95	0.93		0.9	0.94	0.99	0.97	0.98	0.99	0.99	0.99	0.98
Non Currrent Assets Other	0.3	0.92	0.93	-0.9	0.9	0.34	0.89	-0.41	0.86	0.92	0.72	0.84	0.84	0.8	0.96	0.71	0.9		0.96	0.9	0.86	0.92	0.88	0.93	0.9	0.83
Net Receivables	0.34	0.98	0.98	-0.93	0.94	0.26	0.97	-0.2	0.92	0.98	0.75	0.91	0.89	0.88	1.0	0.84	0.94	0.96		0.95	0.91	0.95	0.94	0.97	0.96	0.91
Common Stock Total Equity	0.53	1.0	0.99	-0.92	0.92	0.41	0.98	-0.08	0.99	0.99	0.87	0.97	0.97	0.98	0.97	0.93	0.99	0.9	0.95		0.97	0.97	0.99	0.99	1.0	0.99
Non Current Liabilities Total	0.44	0.97	0.96	-0.88	0.88	0.4	0.95	-0.03	0.98	0.96	0.84	0.95	0.99	0.97	0.93	0.91	0.97	0.86	0.91	0.97		0.94	0.98	0.96	0.97	0.98
Inventory	0.45	0.98	0.97	-0.85	0.85	0.53	0.93	-0.28	0.97	0.97	0.91	0.97	0.93	0.94	0.96	0.9	0.98	0.92	0.95	0.97	0.94		0.98	0.98	0.97	0.94
Other Current Assets	0.46	0.99	0.98	-0.87	0.87	0.47	0.96	-0.1	1.0	0.98	0.9	0.99	0.97	0.98	0.95	0.95	0.99	0.88	0.94	0.99	0.98	0.98		0.99	0.99	0.99
Property Plant And Equipment Gross	0.44	1.0	0.99	-0.91	0.91	0.43	0.97	-0.17	0.98	0.99	0.87	0.97	0.95	0.96	0.98	0.91	0.99	0.93	0.97	0.99	0.96	0.98	0.99		0.99	0.97
Common Stock	0.53	1.0	0.99	-0.92	0.92	0.41	0.98	-0.08	0.99	0.99	0.86	0.97	0.97	0.98	0.97	0.92	0.99	0.9	0.96	1.0	0.97	0.97	0.99	0.99		0.99
Property Plant Equipment	0.52	0.98	0.97	-0.88	0.88	0.44	0.96	0.02	0.99	0.97	0.89	0.98	0.98	1.0	0.92	0.95	0.98	0.83	0.91	0.99	0.98	0.94	0.99	0.97	0.99

Click cells to compare fundamentals

Monolithic Power Account Relationship Matchups

Monolithic Power fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	45.8M	47.0M	47.9M	48.4M	48.8M	35.2M
Total Assets	956.4M	1.2B	1.6B	2.1B	2.4B	2.6B
Total Stockholder Equity	773.5M	966.6M	1.2B	1.7B	2.0B	2.2B
Net Debt	(170.6M)	(331.8M)	(183.5M)	(284.8M)	(553.2M)	(525.5M)
Cash	173.0M	334.9M	189.3M	288.6M	561.0M	589.1M
Other Assets	60.3M	101.4M	91.4M	273.1M	1.0	0.95
Cash And Short Term Investments	455.4M	595.1M	725.1M	737.9M	1.1B	1.2B
Liabilities And Stockholders Equity	956.4M	1.2B	1.6B	2.1B	2.4B	2.6B
Other Stockholder Equity	(476K)	10.1M	15.9M	(23.1M)	(1.0)	(0.95)
Total Liab	182.9M	241.9M	341.8M	390.3M	393.3M	412.9M
Total Current Assets	655.2M	842.0M	1.1B	1.4B	1.8B	1.9B
Other Current Liab	66.3M	100.2M	137.1M	201.9M	104.0M	109.2M
Total Current Liabilities	98.2M	147.0M	226.9M	263.4M	235.0M	246.8M
Other Liab	83.6M	94.9M	114.9M	125.2M	144.0M	151.2M
Property Plant And Equipment Net	228.3M	281.5M	363.0M	357.2M	377.3M	396.2M
Retained Earnings	229.5M	298.7M	424.9M	716.4M	947.1M	994.4M
Accounts Payable	27.3M	38.2M	83.0M	61.5M	63.0M	66.1M
Non Current Assets Total	301.2M	366.5M	461.0M	648.3M	623.7M	654.9M
Non Currrent Assets Other	46.0M	53.6M	13.8M	184.4M	202.2M	212.3M
Net Receivables	52.7M	66.8M	104.8M	182.7M	250.0M	262.5M
Common Stock Total Equity	549.5M	657.7M	803.2M	975.3M	1.1B	1.2B
Non Current Liabilities Total	84.7M	94.9M	114.9M	126.9M	158.2M	166.1M
Inventory	127.5M	157.1M	259.4M	447.3M	383.7M	402.9M
Other Current Assets	19.6M	23.0M	35.5M	42.7M	44.1M	46.3M
Property Plant And Equipment Gross	231.2M	285.2M	363.0M	551.3M	598.4M	628.3M
Accumulated Other Comprehensive Income	(5.5M)	10.1M	15.9M	(23.1M)	(27.1M)	(25.7M)
Common Stock	549.5M	657.7M	803.2M	975.3M	1.1B	1.2B
Property Plant Equipment	228.3M	281.5M	363.0M	357.2M	410.7M	431.3M
Short Term Investments	282.4M	260.2M	535.8M	449.3M	580.6M	609.7M
Current Deferred Revenue	3.4M	7.2M	4.3M	(2.1M)	65.8M	69.0M
Net Tangible Assets	766.9M	966.6M	1.2B	1.7B	1.9B	2.0B
Retained Earnings Total Equity	229.5M	298.7M	424.9M	716.4M	823.9M	865.1M
Long Term Investments	5.3M	3.2M	3.1M	6.3M	5.6M	5.5M
Non Current Liabilities Other	37.6M	94.9M	114.9M	73.4M	2.2M	2.1M
Net Invested Capital	773.5M	966.6M	1.2B	1.7B	2.0B	1.2B
Net Working Capital	557.0M	695.0M	897.9M	1.1B	1.6B	906.0M
Capital Stock	549.5M	657.7M	803.2M	975.3M	1.1B	837.2M

Pair Trading with Monolithic Power

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Monolithic Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Monolithic Power will appreciate offsetting losses from the drop in the long position's value.

Moving together with Monolithic Stock

0.62

ON Semiconductor

Pair Corr

Moving against Monolithic Stock

0.38	VLN	Valens Tech Boost	Pair Corr
0.37	INTC	Intel Aggressive Push	Pair Corr
0.32	ICG	Intchains Group	Pair Corr

The ability to find closely correlated positions to Monolithic Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monolithic Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Monolithic Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Monolithic Power Systems to buy it.

The correlation of Monolithic Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Monolithic Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monolithic Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Monolithic Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Monolithic Stock Analysis

When running Monolithic Power's price analysis, check to measure Monolithic Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Monolithic Power is operating at the current time. Most of Monolithic Power's value examination focuses on studying past and present price action to predict the probability of Monolithic Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Monolithic Power's price. Additionally, you may evaluate how the addition of Monolithic Power to your portfolios can decrease your overall portfolio volatility.

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