Growth Metrics

Standard Biotools (LAB) Debt Ratio (2021 - 2024)

Standard Biotools has reported Debt Ratio over the past 7 years, most recently at 0.08 for Q3 2024.

  • Quarterly Debt Ratio rose 184.32% to 0.08 in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 0.08 through Sep 2024, up 184.32% year-over-year, with the annual reading at 0.18 for FY2023, 754.34% up from the prior year.
  • Debt Ratio was 0.08 for Q3 2024 at Standard Biotools, up from 0.08 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.18 in Q4 2023 and troughed at 0.02 in Q4 2022.
  • The 4-year median for Debt Ratio is 0.03 (2021), against an average of 0.05.
  • Year-over-year, Debt Ratio plummeted 42.5% in 2022 and then surged 754.34% in 2023.
  • A 4-year view of Debt Ratio shows it stood at 0.04 in 2021, then plummeted by 42.5% to 0.02 in 2022, then surged by 754.34% to 0.18 in 2023, then tumbled by 55.08% to 0.08 in 2024.
  • Per Business Quant, the three most recent readings for LAB's Debt Ratio are 0.08 (Q3 2024), 0.08 (Q2 2024), and 0.18 (Q4 2023).