Mesa Laboratories Inc (MLAB)
Current ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | — | 109,352 | 118,975 | 124,318 | 303,009 |
| Total current liabilities | US$ in thousands | — | 44,312 | 43,359 | 48,055 | 32,583 |
| Current ratio | — | 2.47 | 2.74 | 2.59 | 9.30 |
March 31, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —
The current ratio for Mesa Laboratories Inc has shown fluctuation over the past five years. Starting at an exceptionally high level of 9.30 on March 31, 2021, it has progressively decreased to 2.59 by March 31, 2022, indicating a potential shift in the company's liquidity position. Despite this initial drop, the ratio slightly improved to 2.74 on March 31, 2023, before declining again to 2.47 on March 31, 2024. The absence of a current ratio for March 31, 2025, suggests incomplete data.
Overall, Mesa Laboratories Inc's current ratio has exhibited variability, potentially signaling changes in the company's ability to cover its short-term liabilities with current assets. Further assessment and comparison with industry benchmarks may provide valuable insights into the company's financial health and liquidity management.
Peer comparison
Mar 31, 2025