Mesa Laboratories Inc (MLAB)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 155,214 | 161,451 | 150,727 | 145,393 | 402,961 | 387,759 | 387,719 | 393,480 | 387,205 | 374,236 | 380,431 | 393,801 | 396,329 | 399,417 | 399,003 | 406,227 | 412,795 | 392,412 | 382,234 | 220,013 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $155,214K)
= 0.00
The debt-to-capital ratio for Mesa Laboratories Inc has consistently remained at 0.00 for the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing in its capital structure during this time frame. A debt-to-capital ratio of 0.00 implies that the company's capital structure is primarily composed of equity, suggesting a lower financial risk as there is no debt obligation to be serviced. It can also reflect a strong financial position and liquidity, as the company may not rely on borrowing funds to finance its operations or growth. Overall, the stable and low debt-to-capital ratio signifies Mesa Laboratories Inc's conservative approach to managing its financial leverage and suggests a prudent financing strategy.
Peer comparison
Dec 31, 2024