Standard Biotools LAB
NASDAQ LAB
$0.65 +0.01 (+1.99%)
At close: Oct 21, 2026 · 4:00 PM EDT

Standard Biotools (LAB) Debt Ratio (2010 - 2024)

Updated

Standard Biotools' (LAB) Debt Ratio was 0.08 for Q3 2024, up 184.3% from 0.03 a year earlier and up 4.2% from the prior quarter.

Analysis

Standard Biotools (LAB) Debt Ratio (2010 - 2024) Analysis & Trends

For FY2023, Debt Ratio at Standard Biotools was 0.18, up 581.2% from FY2022.

  • By year, Debt Ratio came in at 0.03 in FY2022 (-57.1%) and 0.06 in FY2021.
  • Five-year quarterly Debt Ratio spans a low of 0.02 in Q2 2022 and a high of 0.18 in Q4 2023.
  • Year over year, Debt Ratio has now increased in each of the last six quarters, with growth averaging 130.3% over the last eight quarters.
  • The high point for year-over-year Debt Ratio in five years was Q4 2023 (growth of 581.2%); the low point was Q4 2022 (a decline of 57.1%).
  • Per Business Quant data, the three quarters before Q3 2024 came in at 0.08 (Q2 2024), 0.07 (Q1 2024) and 0.18 (Q4 2023).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 257.99 Bn 237.02 Bn 4.88 Bn 0.38
2 Abbott Laboratories 175.01 Bn 145.44 Bn 7.27 Bn 0.30
3 Danaher 164.93 Bn 148.74 Bn 3.61 Bn 0.29
4 Intuitive Surgical 151.84 Bn 131.26 Bn 1.96 Bn -
5 Medtronic 119.05 Bn 84.30 Bn 6.34 Bn 0.30
6 Stryker 113.89 Bn 100.00 Bn 4.50 Bn 0.31
7 Boston Scientific 65.37 Bn 60.13 Bn 3.85 Bn 0.28
8 Becton Dickinson 53.36 Bn 50.51 Bn 2.32 Bn 0.33
9 Edwards Lifesciences 50.83 Bn 34.83 Bn 1.35 Bn 0.04
10 Standard Biotools 252.82 Mn -1.06 Bn 10.54 Mn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 0.08
Jun 30, 2024 0.08
Mar 31, 2024 0.07
Dec 31, 2023 0.19
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 0.06
Sep 30, 2021 0.04
Sep 30, 2012 0.02
Jun 30, 2012 0.07
Mar 31, 2012 0.09
Dec 31, 2011 0.13
Sep 30, 2011 0.14
Jun 30, 2011 0.15
Dec 31, 2010 0.72
API Access

Standard Biotools Debt Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=debt-ratio&ticker=LAB&period=max&api_key=YOUR_API_KEY