Standard Biotools (LAB) Debt Ratio (2010 - 2024)
Standard Biotools (LAB) posted quarterly Debt Ratio of 0.08 for Q2 2024, up 164.67% year-over-year from 0.03 in Q3 2023, and up 196.79% quarter-over-quarter from 0.03 in Q4 2023.
Standard Biotools (LAB) Debt Ratio (2010 - 2024) Analysis & Trends
Standard Biotools (LAB) has reported Debt Ratio for 7 consecutive years, with 0.08 the latest figure, recorded in Q2 2024.
- In Q2 2024, Debt Ratio rose 164.67% year-over-year to 0.08; the TTM figure through Jun 2024 stood at 0.08 (up 164.67% YoY), while the FY2023 annual figure was 0.03, down 1.09% from the prior year.
- Debt Ratio improved to 0.08 in Q2 2024 per LAB's latest filing, from 0.03 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.08 in Q2 2024 and bottomed at 0.02 in Q2 2022.
- Historically, Debt Ratio has averaged 0.03 across 4 years, with a median of 0.03 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio sank 30.5% — and 2024, when it surged 164.67%.
- Standard Biotools' Debt Ratio stood at 0.04 in 2021, then decreased by 27.89% to 0.03 in 2022, then declined by 1.09% to 0.03 in 2023, then surged by 196.79% to 0.08 in 2024.
- Business Quant data shows LAB's Debt Ratio at 0.08 in Q2 2024, 0.03 in Q4 2023, and 0.03 in Q3 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.37 Bn | 193.76 Bn | 7.27 Bn | 0.30 |
| 2 | Stryker | 127.75 Bn | 124.27 Bn | 4.50 Bn | 0.31 |
| 3 | Medtronic | 119.07 Bn | 109.85 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 73.39 Bn | 72.85 Bn | 3.85 Bn | 0.28 |
| 5 | Edwards Lifesciences | 51.90 Bn | 47.64 Bn | 1.35 Bn | 0.04 |
| 6 | Dexcom | 34.36 Bn | 32.41 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.90 Bn | 31.79 Bn | 2.18 Bn | 0.27 |
| 8 | Koninklijke Philips | 26.38 Bn | 23.06 Bn | 4.55 Bn | 0.28 |
| 9 | Steris | 23.04 Bn | 22.56 Bn | 684.20 Mn | 0.18 |
| 10 | Standard Biotools | 252.70 Mn | -224.01 Mn | 10.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.04 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.04 |
| Sep 30, 2012 | 0.02 |
| Jun 30, 2012 | 0.03 |
| Mar 31, 2012 | 0.09 |
| Dec 31, 2011 | 0.13 |
| Sep 30, 2011 | 0.14 |
| Jun 30, 2011 | 0.15 |
| Dec 31, 2010 | 0.59 |