Mesa Laboratories Inc (MLAB)

Debt-to-capital 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 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
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

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 of Mesa Laboratories Inc, as provided in the data, has consistently been reported as 0.00 from June 30, 2020, to March 31, 2025. This indicates that the company has not had any long-term debt in its capital structure during this period.

A debt-to-capital ratio of 0.00 implies that Mesa Laboratories Inc has not relied on debt financing to fund its operations or expansion activities. Instead, the company has primarily used equity financing or retained earnings to support its growth and investment initiatives. This can be viewed positively by investors and creditors as it suggests a lower level of financial risk since there is no debt to service or repay.

Overall, the stable and consistently low debt-to-capital ratio of 0.00 for Mesa Laboratories Inc reflects a conservative financial strategy that prioritizes a strong equity base and financial stability.