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

Standard Biotools' (LAB) quarterly Debt Ratio came in at 0.08 in Q2 2024, up 164.67% year-on-year from 0.03 in Q3 2023, and up 196.79% on a QoQ basis from 0.03 in Q4 2023.

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

Standard Biotools (LAB) has 7 years of Debt Ratio data on file, last reported at 0.08 in Q2 2024.

  • On a quarterly basis, Debt Ratio rose 164.67% year-over-year to 0.08 in Q2 2024; TTM through Jun 2024 was 0.08, a 164.67% increase from a year earlier, with the FY2023 full-year figure at 0.03, down 1.09% from the prior year.
  • Debt Ratio for Q2 2024 stood at 0.08, up from 0.03 in the prior quarter.
  • Over the last five years, Debt Ratio for LAB reached as high as 0.08 in Q2 2024 and fell as low as 0.02 in Q2 2022.
  • Historically, Debt Ratio has averaged 0.03 across 4 years, with a median of 0.03 in 2023.
  • Across the five-year window, Debt Ratio tumbled 30.5% in 2022 and soared 164.67% in 2024, its largest moves.
  • Year by year, Debt Ratio stood at 0.04 in 2021, then dropped by 27.89% to 0.03 in 2022, then retreated by 1.09% to 0.03 in 2023, then jumped by 196.79% to 0.08 in 2024.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.08 in Q2 2024, 0.03 in Q4 2023, and 0.03 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Abbott Laboratories 182.44 Bn 175.14 Bn 6.27 Bn 0.31
2 Stryker 128.91 Bn 126.03 Bn 3.81 Bn 0.32
3 Medtronic 108.67 Bn 99.45 Bn 6.41 Bn 0.30
4 Boston Scientific 68.45 Bn 67.00 Bn 3.61 Bn 0.25
5 Edwards Lifesciences 47.59 Bn 43.92 Bn 1.29 Bn 0.04
6 Dexcom 28.59 Bn 27.48 Bn 750.30 Mn -
7 GE HealthCare Technologies 28.53 Bn 26.24 Bn 1.98 Bn 0.27
8 Smith & Nephew 26.95 Bn 26.37 Bn - 0.30
9 Koninklijke Philips 25.42 Bn 22.30 Bn 2.07 Bn 0.30
10 Standard Biotools 315.49 Mn -139.68 Mn 11.31 Mn -

Historic Data

Download Data
DateValue
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