Mesa Laboratories Inc (MLAB)
Debt-to-assets ratio
| 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 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 437,148 | 454,098 | 440,361 | 446,796 | 741,769 | 637,188 | 642,611 | 661,832 | 662,984 | 656,231 | 685,811 | 707,369 | 721,712 | 609,102 | 612,490 | 600,151 | 621,636 | 588,932 | 576,733 | 420,206 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $437,148K
= 0.00
Mesa Laboratories Inc has maintained a consistent debt-to-assets ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing to fund its operations or acquire assets during this time frame. A debt-to-assets ratio of 0.00 suggests that the company is primarily using equity to support its operations, which can be viewed positively as it indicates a lower financial risk and a strong financial position. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024