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| Date | Value |
|---|---|
| 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 |