Mesa Laboratories Inc (MLAB)

Current ratio

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
Total current assets US$ in thousands — 110,845 107,978 106,690 109,352 118,355 117,662 114,808 118,975 114,185 116,260 128,127 124,318 120,995 319,404 315,311 303,009 295,275 280,125 269,756
Total current liabilities US$ in thousands — 155,878 153,230 54,865 44,312 44,183 39,816 39,126 43,359 41,617 41,506 44,127 48,055 46,775 28,690 33,448 32,583 27,750 19,533 20,475
Current ratio — 0.71 0.70 1.94 2.47 2.68 2.96 2.93 2.74 2.74 2.80 2.90 2.59 2.59 11.13 9.43 9.30 10.64 14.34 13.17

March 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $—K ÷ $—K
= —

The current ratio of Mesa Laboratories Inc has shown a declining trend over the past few years, dropping significantly from a high of 14.34 in September 2020 to a low of 0.70 in September 2024. This indicates a weakening ability of the company to meet its short-term obligations with its current assets.

A current ratio below 1.0 suggests that the company may have difficulty in paying off its current liabilities with its current assets alone. Mesa Laboratories Inc's current ratio being below 1.0 in the latest period of September 2024 raises concerns about its liquidity position and ability to cover its short-term obligations.

It is important for investors and stakeholders to closely monitor Mesa Laboratories Inc's current ratio and assess the underlying reasons for the declining trend to understand the company's financial health and liquidity position better.