Growth Metrics

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

Standard Biotools (LAB) has disclosed Debt Ratio for 7 consecutive years, with 0.08 as the latest value for Q3 2024.

  • On a quarterly basis, Debt Ratio rose 184.32% to 0.08 in Q3 2024 year-over-year; TTM through Sep 2024 was 0.08, a 184.32% increase, with the full-year FY2023 number at 0.18, up 754.34% from a year prior.
  • Debt Ratio was 0.08 for Q3 2024 at Standard Biotools, up from 0.07 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.18 in Q4 2023 to a low of 0.02 in Q4 2022.
  • A 4-year average of 0.05 and a median of 0.03 in 2021 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: plummeted 42.5% in 2022, then surged 754.34% in 2023.
  • Standard Biotools' Debt Ratio stood at 0.04 in 2021, then tumbled by 42.5% to 0.02 in 2022, then soared by 754.34% to 0.18 in 2023, then crashed 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), 0.07 (Q1 2024), and 0.18 (Q4 2023).