• Monolithic Power Systems average current ratio for 2023 was 6.58, a 33.47% decline from 2022.
• Monolithic Power Systems average current ratio for 2022 was 4.93, a 0% increase from 2021.
• Monolithic Power Systems average current ratio for 2021 was 4.93, a 13.05% decline from 2020.

Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.