Mesa Laboratories Inc (MLAB)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | — | 446,796 | 661,832 | 707,369 | 600,151 |
| Debt-to-assets ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —
The debt-to-assets ratio for Mesa Laboratories Inc has been consistently at 0.00 from March 31, 2021, to March 31, 2024. This indicates that the company has not relied on debt financing to fund its assets during this period. However, the data for March 31, 2025, is not available (indicated by "\u2014"), making it difficult to provide a complete trend analysis. Generally, a lower debt-to-assets ratio suggests a lower financial risk as the company is not heavily reliant on debt to finance its operations. In Mesa Laboratories Inc's case, the consistently low ratio over the years indicates a strong financial position with a minimal debt burden in relation to its asset base.
Peer comparison
Mar 31, 2025