Mesa Laboratories Inc (MLAB)

Financial leverage 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
Total assets	US$ in thousands	—	437,148	454,098	440,361	446,796	741,769	637,188	642,611	661,832	662,984	656,231	685,811	707,369	721,712	609,102	612,490	600,151	621,636	588,932	576,733
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
Financial leverage ratio		—	2.82	2.81	2.92	3.07	1.84	1.64	1.66	1.68	1.71	1.75	1.80	1.80	1.82	1.52	1.54	1.48	1.51	1.50	1.51

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —

The financial leverage ratio of Mesa Laboratories Inc has shown varying trends over the years. From June 30, 2020, to March 31, 2023, the ratio was relatively stable, ranging between 1.48 and 1.82. This range indicates that the company was using a moderate level of debt to finance its operations during this period.

However, from June 30, 2023, to December 31, 2024, there was a significant increase in the financial leverage ratio, reaching a peak of 3.07 on March 31, 2024. This sharp increase suggests that Mesa Laboratories Inc significantly increased its debt levels relative to its equity during this time frame.

Subsequently, the ratio started declining, dropping to 2.81 on September 30, 2024. Although still high, this decrease indicates that the company may have taken steps to reduce its debt or improve its equity position.

As of March 31, 2025, the financial leverage ratio data is not available. Overall, the fluctuation in Mesa Laboratories Inc's financial leverage ratio highlights the importance of carefully managing debt levels and maintaining a healthy balance between debt and equity to ensure financial stability and long-term growth.