Mesa Laboratories Inc (MLAB)

Debt-to-assets 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
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
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

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —

Mesa Laboratories Inc's debt-to-assets ratio has consistently remained at 0.00 from June 30, 2020, to March 31, 2025. A debt-to-assets ratio of 0.00 indicates that the company has no debt relative to its total assets during this period. This implies that Mesa Laboratories Inc has been funding its operations primarily through equity or has very minimal debt obligations in relation to its asset base. Additionally, a debt-to-assets ratio of 0.00 could suggest a strong financial position, as it indicates that the company has a low level of financial risk related to its debt obligations.