Mesa LaboratoriesMLAB +0.27%77 Cash Ratio is 0.44 as of Mar. 2026, which is 19% below its 10-year median of 0.54. GuruFocus rates MLAB with a GF Score™ of 77/100 and a GF Value™ of $116.24 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,478 Hardware companies, Mesa Laboratories ranks worse than 61.86% on this metric.
Mesa Laboratories has a Cash Ratio of 0.44. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Mesa Laboratories's Cash Ratio or its related term are showing as below:
MLAB'
s Cash Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.54 Max: 8.1
Current: 0.44
During the past 13 years, Mesa Laboratories's highest Cash Ratio was 8.10. The lowest was 0.17. And the median was 0.54.
MLAB's Cash Ratio is ranked worse than 61.86% of 2478
companies
in the Hardware industry
Industry Median: 0.64
vs MLAB: 0.44
Mesa Laboratories (NAS:MLAB) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Mesa Laboratories Cash Ratio Related Terms
Mesa Laboratories Cash Ratio Historical Data
* Premium members only.
The historical data trend for Mesa Laboratories's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Scientific & Technical Instruments subindustry, Mesa Laboratories's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Mesa Laboratories Cash Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Mesa Laboratories (MLAB) has a Cash Ratio of 0.44 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Mesa Laboratories and its competitors. This is 19% below median its historical median of 0.54. Over the past decade, Mesa Laboratories' Cash Ratio has ranged from 0.17 to 8.10. According to the industry distribution chart, Mesa Laboratories ranks #1533 out of 2478 companies in the Hardware industry, placing it in the top 61.9%.
Is Mesa Laboratories' Cash Ratio too high?
Mesa Laboratories' current Cash Ratio of 0.44 is 19% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 8.10. The Hardware industry median Cash Ratio is 0.64. Mesa Laboratories' value of 0.44 is 31.3% below this industry median. Based on the distribution chart, Mesa Laboratories ranks #1533 out of 2478 companies in the Hardware industry, which is below the industry midpoint. Overall, Mesa Laboratories has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mesa Laboratories' Cash Ratio compare to AERG and USBC?
According to the Hardware industry distribution chart, Mesa Laboratories ranks #1533 out of 2478 companies for Cash Ratio. This places Mesa Laboratories in the lower half of its industry. The industry median Cash Ratio is 0.64. Mesa Laboratories' value of 0.44 is 31.3% below this benchmark. Historically, Mesa Laboratories' own Cash Ratio has ranged from 0.17 to 8.10 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.64, Mesa Laboratories has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for a Hardware company?
The median Cash Ratio among Hardware companies is 0.64, based on 2,478 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesa Laboratories's current Cash Ratio of 0.44 is 31.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Mesa Laboratories and its competitors. For the Hardware industry, the median Cash Ratio is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Laboratories's current Cash Ratio is 0.44, which is 19% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesa Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Mesa Laboratories (MLAB) is currently considered Modestly Undervalued. The stock's GF Value™ is $116.24, compared to a current price of $95.61 — trading 17.7% below its estimated fair value. The current Cash Ratio is 0.44, which is 19% below median its 10-year median of 0.54 and 31.3% below the Hardware industry median of 0.64. Mesa Laboratories' overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Mesa Laboratories (MLAB), the current Cash Ratio is 0.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Mesa Laboratories (MLAB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesa Laboratories stock appears to be undervalued.
The current stock price of $95.61 is trading 17.7% below its estimated GF Value™ of $116.24.
GuruFocus considers Mesa Laboratories to be Modestly Undervalued.
Key valuation signals for MLAB:
Cash Ratio: 0.44 (19% below median its 10-year median of 0.54)
GF Value™: $116.24 vs. price of $95.61 (17.7% below fair value)
Industry Position: 31.3% below the Hardware median (#1533 of 2478)
No single metric tells the full story. See the MLAB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesa Laboratories Inc manufactures life sciences tools and critical quality control solutions. It operates in four divisions: i) Sterilization and Disinfection Control, which manufactures and sells biological, chemical, and cleaning indicators used to assess the effectiveness of sterilization, decontamination, disinfection, and cleaning processes. ii) Clinical Genomics division develops, manufactures, and sells sensitive, low-cost, high-throughput genetic analysis tools and related consumables. iii) The Biopharmaceutical Development division develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. iv) The Calibration Solutions division develops, manufactures, sells, and services quality control products.
77GF Score
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