Mesa Laboratories Inc (MLAB) — Working Capital to Net Assets Ratio
Mesa Laboratories Inc (MLAB) has a Working Capital to Net Assets ratio of 27.4% as of December 2025. Working capital of $51.24 Million (current assets of $105.63 Million minus current liabilities of $54.40 Million) is measured against net assets of $186.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mesa Laboratories Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mesa Laboratories Inc Working Capital to Net Assets (1988–2025)
This chart shows how Mesa Laboratories Inc's Working Capital to Net Assets ratio has evolved across 38 annual periods from 1988 to 2025. As of December 2025, the ratio stands at 27.4%, reflecting working capital of $51.24 Million against net assets of $186.69 Million USD. For the complete balance sheet picture, see MLAB current and non-current assets.
Annual Working Capital to Net Assets for Mesa Laboratories Inc (1988–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mesa Laboratories Inc from 1988 to 2025, covering 38 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check how resilient are Mesa Laboratories Inc's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -38.3% | $-61.28 Million | $159.83 Million | $102.69 Million | $163.96 Million | ▼ -83.1 pp |
| 2024 | 44.7% | $65.04 Million | $145.39 Million | $109.35 Million | $44.31 Million | ▲ +25.5 pp |
| 2023 | 19.2% | $75.62 Million | $393.48 Million | $118.97 Million | $43.36 Million | ▼ -0.1 pp |
| 2022 | 19.4% | $76.26 Million | $393.80 Million | $124.32 Million | $48.05 Million | ▼ -47.4 pp |
| 2021 | 66.8% | $271.17 Million | $406.23 Million | $303.75 Million | $32.58 Million | ▲ +22.8 pp |
| 2020 | 44.0% | $96.78 Million | $220.01 Million | $122.79 Million | $26.01 Million | ▲ +35.0 pp |
| 2019 | 8.9% | $9.96 Million | $111.31 Million | $33.62 Million | $23.66 Million | ▼ -5.8 pp |
| 2018 | 14.8% | $14.70 Million | $99.36 Million | $31.99 Million | $17.29 Million | ▼ -4.9 pp |
| 2017 | 19.6% | $19.22 Million | $97.82 Million | $35.78 Million | $16.57 Million | ▲ +4.0 pp |
| 2016 | 15.6% | $13.21 Million | $84.68 Million | $37.19 Million | $23.97 Million | ▼ -4.8 pp |
| 2015 | 20.4% | $14.96 Million | $73.48 Million | $29.62 Million | $14.66 Million | ▼ -5.0 pp |
| 2014 | 25.4% | $16.35 Million | $64.33 Million | $26.57 Million | $10.21 Million | ▼ -2.6 pp |
| 2013 | 28.0% | $14.79 Million | $52.75 Million | $19.45 Million | $4.66 Million | ▼ -5.9 pp |
| 2012 | 33.9% | $14.90 Million | $43.91 Million | $19.16 Million | $4.26 Million | ▲ +13.8 pp |
| 2011 | 20.1% | $7.33 Million | $36.42 Million | $17.26 Million | $9.93 Million | ▼ -37.7 pp |
| 2010 | 57.8% | $18.03 Million | $31.20 Million | $20.47 Million | $2.44 Million | ▼ -4.2 pp |
| 2009 | 62.0% | $17.11 Million | $27.60 Million | $18.59 Million | $1.48 Million | ▲ +8.0 pp |
| 2008 | 54.0% | $12.82 Million | $23.74 Million | $14.41 Million | $1.59 Million | ▲ +8.8 pp |
| 2007 | 45.2% | $9.37 Million | $20.72 Million | $10.84 Million | $1.47 Million | ▼ -20.1 pp |
| 2006 | 65.4% | $9.75 Million | $14.92 Million | $10.96 Million | $1.20 Million | ▼ -0.6 pp |
| 2005 | 65.9% | $10.14 Million | $15.38 Million | $11.12 Million | $982.00K | ▲ +0.4 pp |
| 2004 | 65.5% | $10.08 Million | $15.38 Million | $10.74 Million | $658.00K | ▲ +3.3 pp |
| 2003 | 62.2% | $9.02 Million | $14.49 Million | $9.60 Million | $586.71K | ▲ +4.0 pp |
| 2002 | 58.3% | $8.10 Million | $13.89 Million | $8.60 Million | $500.70K | ▲ +2.0 pp |
| 2001 | 56.3% | $7.28 Million | $12.93 Million | $8.14 Million | $860.72K | ▲ +4.5 pp |
| 2000 | 51.8% | $6.53 Million | $12.60 Million | $7.34 Million | $807.11K | ▼ -28.9 pp |
| 1999 | 80.7% | $9.60 Million | $11.90 Million | $10.30 Million | $700.00K | ▲ +3.0 pp |
| 1998 | 77.7% | $8.70 Million | $11.20 Million | $9.20 Million | $500.00K | ▲ +4.8 pp |
| 1997 | 72.9% | $7.00 Million | $9.60 Million | $7.60 Million | $600.00K | ▲ +5.4 pp |
| 1996 | 67.5% | $5.40 Million | $8.00 Million | $6.10 Million | $700.00K | ▲ +7.2 pp |
| 1995 | 60.3% | $3.80 Million | $6.30 Million | $4.30 Million | $500.00K | ▼ -8.2 pp |
| 1994 | 68.5% | $3.70 Million | $5.40 Million | $4.30 Million | $600.00K | ▲ +23.1 pp |
| 1993 | 45.5% | $2.00 Million | $4.40 Million | $3.00 Million | $1.00 Million | ▼ -34.5 pp |
| 1992 | 80.0% | $2.80 Million | $3.50 Million | $3.40 Million | $600.00K | ▲ +14.6 pp |
| 1991 | 65.4% | $1.70 Million | $2.60 Million | $2.30 Million | $600.00K | ▲ +6.6 pp |
| 1990 | 58.8% | $1.00 Million | $1.70 Million | $1.50 Million | $500.00K | ▼ -41.2 pp |
| 1989 | 100.0% | $1.20 Million | $1.20 Million | $1.30 Million | $100.00K | ▲ +0.0 pp |
| 1988 | 100.0% | $1.10 Million | $1.10 Million | $1.20 Million | $100.00K | — |