Mesa Laboratories Inc (MLAB)

Debt-to-capital ratio

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 145,393 393,480 393,801 406,227
Debt-to-capital ratio 0.00 0.00 0.00 0.00

March 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $—K)
= —

The debt-to-capital ratio for Mesa Laboratories Inc from March 31, 2021, to March 31, 2024, remained consistent at 0.00, indicating that the company had no debt relative to its capital during these years. However, the data for March 31, 2025, is indicated as "—", suggesting that the information for this period may be missing or unavailable. Overall, a debt-to-capital ratio of 0.00 signifies that Mesa Laboratories Inc has been maintaining a debt-free capital structure over the analyzed period, which may indicate financial stability and lower financial risk.