Standard Biotools (LAB) Debt Ratio (2010 - 2024)
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 | 250.84 Bn | 229.99 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 0.04 |
| 10 | Standard Biotools | 286.25 Mn | -1.03 Bn | 10.54 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.07 |
| Dec 31, 2023 | 0.18 |
| 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 | 0.04 |
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "LAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();