Mesa LaboratoriesMLAB +3.92%77 Current Ratio is 1.72 as of Mar. 2026, which is 26% below its 10-year median of 2.32. GuruFocus rates MLAB with a GF Score™ of 77/100 and a GF Value™ of $116.05 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,491 Hardware companies, Mesa Laboratories ranks worse than 59.25% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Mesa Laboratories's current ratio for the quarter that ended in Mar. 2026 was 1.72.
Mesa Laboratories has a current ratio of 1.72. It generally indicates good short-term financial strength.
The historical rank and industry rank for Mesa Laboratories's Current Ratio or its related term are showing as below:
MLAB'
s Current Ratio Range Over the Past 10 Years
Min: 0.63 Med: 2.32 Max: 9.32
Current: 1.72
During the past 13 years, Mesa Laboratories's highest Current Ratio was 9.32. The lowest was 0.63. And the median was 2.32.
MLAB's Current Ratio is ranked worse than 59.25% of 2491
companies
in the Hardware industry
Industry Median: 1.96
vs MLAB: 1.72
Mesa Laboratories (NAS:MLAB) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Mesa Laboratories Current Ratio Related Terms
Mesa Laboratories Current Ratio Historical Data
* Premium members only.
The historical data trend for Mesa Laboratories's Current 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.
MLAB vs AERG, MVIS, ARBE: Current Ratio Comparison
For the Scientific & Technical Instruments subindustry, Mesa Laboratories's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Mesa Laboratories's Current Ratio distribution charts can be found below:
* The bar in red indicates where Mesa Laboratories's Current 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 Current Ratio of 1.72 as of Mar. 2026. This is 26% below median its historical median of 2.32. Over the past decade, Mesa Laboratories' Current Ratio has ranged from 0.63 to 9.32. According to the industry distribution chart, Mesa Laboratories ranks #1476 out of 2491 companies in the Hardware industry, placing it in the top 59.3%.
Is Mesa Laboratories' Current Ratio too high?
Mesa Laboratories' current Current Ratio of 1.72 is 26% below median its 10-year median of 2.32. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 9.32. The Hardware industry median Current Ratio is 1.96. Mesa Laboratories' value of 1.72 is 12.2% below this industry median. Based on the distribution chart, Mesa Laboratories ranks #1476 out of 2491 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' Current Ratio compare to AERG and MVIS?
According to the Hardware industry distribution chart, Mesa Laboratories ranks #1476 out of 2491 companies for Current Ratio. This places Mesa Laboratories in the lower half of its industry. The industry median Current Ratio is 1.96. Mesa Laboratories' value of 1.72 is 12.2% below this benchmark. Historically, Mesa Laboratories' own Current Ratio has ranged from 0.63 to 9.32 over the past decade. While the company's 10-year median is 2.32 vs. the industry median of 1.96, 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 Current Ratio for a Hardware company?
The median Current Ratio among Hardware companies is 1.96, based on 2,491 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mesa Laboratories's current Current Ratio of 1.72 is 12.2% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Hardware industry, the median Current Ratio is 1.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesa Laboratories's current Current Ratio is 1.72, which is 26% below median its own 10-year median of 2.32. 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 $116.05, compared to a current price of $98.18 — trading 15.4% below its estimated fair value. The current Current Ratio is 1.72, which is 26% below median its 10-year median of 2.32 and 12.2% below the Hardware industry median of 1.96. 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 Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Mesa Laboratories (MLAB), the current Current Ratio is 1.72 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 $98.18 is trading 15.4% below its estimated GF Value™ of $116.05.
GuruFocus considers Mesa Laboratories to be Modestly Undervalued.
Key valuation signals for MLAB:
Current Ratio: 1.72 (26% below median its 10-year median of 2.32)
GF Value™: $116.05 vs. price of $98.18 (15.4% below fair value)
Industry Position: 12.2% below the Hardware median (#1476 of 2491)
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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