Mesa Laboratories Inc (MLAB)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $155,214K
= 0.00
The debt-to-equity ratio for Mesa Laboratories Inc has remained consistently at 0.00 for all reported periods from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has no financial leverage through debt and is entirely financed by equity. This can be seen as a positive indicator of financial stability and low risk, as the absence of debt obligations suggests a lower risk of default. However, it's important to consider that a very low debt-to-equity ratio may also imply missed opportunities for leveraging debt to finance growth or take advantage of investment opportunities. Overall, a consistent debt-to-equity ratio of 0.00 suggests that Mesa Laboratories Inc has a strong equity base supporting its operations and growth initiatives.
Peer comparison
Dec 31, 2024