Mesa Laboratories Inc (MLAB)
Debt-to-equity 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-equity ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $—K
= —
The debt-to-equity ratio of Mesa Laboratories Inc has consistently remained at 0.00 over the past five years, as per the available data. This suggests that the company has been operating with either no debt or minimal debt relative to its equity during this period. A debt-to-equity ratio of 0.00 indicates that the company's financial structure is more reliant on equity financing rather than debt financing. It implies a lower level of financial risk as the company is not heavily leveraged, which could be viewed positively by investors and stakeholders. However, the absence of debt may also indicate missed opportunities for leveraging debt to potentially fund growth or maximize returns for shareholders. The data for March 31, 2025 is marked with a dash (—), which could indicate that the information for that period may not be available or is not applicable in the dataset.
Peer comparison
Mar 31, 2025