Standard Biotools (LAB) Debt Ratio (2010 - 2024)
Standard Biotools (LAB) reported Debt Ratio of 0.08 for Q3 2024, up 184.32% year-over-year from 0.03 in Q4 2023, and up 4.24% on a QoQ basis from 0.08 in Q2 2024.
Standard Biotools (LAB) has 7 years of Debt Ratio data on file, last reported at 0.08 in Q3 2024.
- Quarterly Debt Ratio rose 184.32% year-over-year to 0.08 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.08 (up 184.32% YoY) and the FY2023 annual result came in at 0.18, up 754.34% from the prior year.
- Debt Ratio advanced to 0.08 in Q3 2024 per LAB's latest filing, from 0.08 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.18 in Q4 2023 and bottomed at 0.02 in Q4 2022.
- The 4-year median for Debt Ratio is 0.03 (2021), against an average of 0.05.
- The widest annual swing landed in 2022, when Debt Ratio tumbled 65.79%; it then soared 754.34% in 2023.
- Tracing LAB's Debt Ratio over 4 years: stood at 0.06 in 2021, then slumped by 65.79% to 0.02 in 2022, then soared by 754.34% to 0.18 in 2023, then slumped by 55.08% to 0.08 in 2024.
- Per Business Quant, the three latest LAB Debt Ratio figures stand at 0.08 (Q3 2024), 0.08 (Q2 2024), and 0.18 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 0.31 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.32 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.31 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 0.25 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 0.04 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.25 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.27 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.18 |
| 10 | Standard Biotools | 448.37 Mn | -6.80 Mn | 11.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.06 |
| Sep 30, 2021 | 0.04 |
| Sep 30, 2012 | 0.02 |
| Jun 30, 2012 | 0.04 |
| Mar 31, 2012 | 0.09 |
| Dec 31, 2011 | 0.13 |
| Sep 30, 2011 | 0.14 |
| Jun 30, 2011 | 0.05 |
| Dec 31, 2010 | 0.59 |