Mind Financial Statements From 2010 to 2025

MIND Stock  USD 9.23  0.22  2.44%   
Mind Technology's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Mind Technology's valuation are provided below:
Gross Profit
21.2 M
Profit Margin
0.0661
Market Capitalization
83.4 M
Enterprise Value Revenue
1.3706
Revenue
46.2 M
There are over one hundred nineteen available fundamental ratios for Mind Technology, which can be analyzed over time and compared to other ratios. Investors should ensure to check all of Mind Technology's last-minute performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 123.5 M. The current year's Enterprise Value is expected to grow to about 122.7 M

Mind Technology Total Revenue

47.77 Million

Check Mind Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind Technology's main balance sheet or income statement drivers, such as Depreciation And Amortization of 896.8 K, Interest Expense of 577.1 K or Total Revenue of 47.8 M, as well as many indicators such as Price To Sales Ratio of 1.5, Dividend Yield of 0.016 or PTB Ratio of 4.24. Mind financial statements analysis is a perfect complement when working with Mind Technology Valuation or Volatility modules.
  
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Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.

Mind Technology Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets34.9 M36.7 M89.3 M
Slightly volatile
Short and Long Term Debt Total1.3 M1.3 MM
Slightly volatile
Total Current Liabilities11.8 M8.6 M10.3 M
Pretty Stable
Total Stockholder Equity26 M27.3 M73.2 M
Slightly volatile
Property Plant And Equipment Net2.1 M2.2 M41.4 M
Slightly volatile
Accounts Payable4.1 M2.6 M3.6 M
Slightly volatile
Cash7.9 M5.3 M6.9 M
Slightly volatile
Non Current Assets Total4.4 M4.6 M52.4 M
Slightly volatile
Non Currrent Assets Other1.9 M3.9 M2.1 M
Pretty Stable
Cash And Short Term Investments6.8 M5.3 M6.8 M
Slightly volatile
Net Receivables13.5 M11.8 M14.9 M
Slightly volatile
Common Stock Shares Outstanding4.5 MM4.9 M
Slightly volatile
Liabilities And Stockholders Equity34.9 M36.7 M89.3 M
Slightly volatile
Non Current Liabilities Total705.9 K743 KM
Slightly volatile
InventoryM13.7 M10.5 M
Slightly volatile
Other Stockholder Equity128.9 M135.7 M105 M
Slightly volatile
Total Liabilities18.3 M9.4 M16.7 M
Slightly volatile
Total Current Assets34.4 M32.1 M37.1 M
Slightly volatile
Short Term Debt2.2 M1.2 M2.2 M
Very volatile
Other Current Assets1.2 M1.2 M4.6 M
Slightly volatile
Property Plant And Equipment Gross11.2 M11.8 M43.3 M
Slightly volatile
Common Stock122.2 K80 K118.8 K
Slightly volatile
Other Assets710.1 K747.5 KM
Pretty Stable
Common Stock Total Equity131.7 K180.6 K143.1 K
Slightly volatile
Property Plant Equipment4.9 M5.1 M44.1 M
Slightly volatile
Current Deferred Revenue1.1 M1.8 M1.2 M
Slightly volatile
Intangible Assets2.2 M2.3 MM
Pretty Stable
Other Liabilities254.8 K268.2 K914.9 K
Slightly volatile
Long Term Debt Total726.8 K765 K8.6 M
Slightly volatile
Capital Surpluse134.4 M147.5 M124.9 M
Slightly volatile
Non Current Liabilities Other505.8 K532.5 K776.6 K
Very volatile
Deferred Long Term Asset Charges8.3 M10.3 M8.3 M
Slightly volatile
Short and Long Term Debt4.7 M7.3 M5.1 M
Slightly volatile
Long Term Investments344.6 K362.7 K1.8 M
Slightly volatile
Net Working Capital16.9 M23.5 M22.8 M
Slightly volatile
Capital Stock76 K80 K20.3 M
Very volatile
Capital Lease Obligations1.3 M1.3 MM
Slightly volatile

Mind Technology Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization896.8 K944 K14.6 M
Slightly volatile
Total Revenue47.8 M46.9 M50.8 M
Slightly volatile
Other Operating Expenses48.9 M40 M55.4 M
Slightly volatile
Cost Of Revenue28.8 M25.9 M34.7 M
Slightly volatile
Total Operating Expenses20.4 M14.1 M20.8 M
Pretty Stable
Selling General Administrative15.2 M11.3 M17.3 M
Slightly volatile
Non Recurring1.9 M2.9 M2.3 M
Slightly volatile
Interest Income39.3 K41.4 K299.4 K
Slightly volatile
Preferred Stock And Other Adjustments1.6 M2.6 M1.3 M
Slightly volatile
Reconciled Depreciation896.8 K944 K10.3 M
Slightly volatile

Mind Technology Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow7.8 M5.3 M7.5 M
Slightly volatile
Depreciation896.8 K944 K15 M
Slightly volatile
End Period Cash Flow7.2 M5.3 MM
Slightly volatile
Stock Based Compensation223.2 K235 K809.4 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.51.57644.0247
Slightly volatile
Dividend Yield0.0160.02580.0134
Slightly volatile
PTB Ratio4.242.70282.9854
Pretty Stable
Days Sales Outstanding11492.0386105
Slightly volatile
Book Value Per Share3.263.429815.7491
Slightly volatile
Stock Based Compensation To Revenue0.00480.0051.1094
Slightly volatile
Capex To Depreciation0.440.46290.4112
Pretty Stable
PB Ratio4.242.70282.9854
Pretty Stable
EV To Sales1.421.49074.003
Slightly volatile
Inventory Turnover1.791.8843.9152
Slightly volatile
Days Of Inventory On Hand203194156
Slightly volatile
Payables Turnover6.8610.123512.7099
Very volatile
Sales General And Administrative To Revenue0.220.440.3774
Slightly volatile
Research And Ddevelopement To Revenue0.05290.04080.0494
Slightly volatile
Capex To Revenue0.00890.00930.1015
Slightly volatile
Cash Per Share0.640.66961.468
Slightly volatile
Days Payables Outstanding34.2536.054640.8319
Slightly volatile
Intangibles To Total Assets0.07960.06290.108
Slightly volatile
Current Ratio2.63.71493.6084
Slightly volatile
Tangible Book Value Per Share2.983.140214.1623
Slightly volatile
Receivables Turnover3.13.96573.8101
Slightly volatile
Graham Number7.668.0616.6184
Slightly volatile
Shareholders Equity Per Share3.263.429815.7491
Slightly volatile
Debt To Equity0.04590.04830.0827
Slightly volatile
Capex Per Share0.05210.05481.6277
Slightly volatile
Revenue Per Share5.595.880710.7846
Slightly volatile
Interest Debt Per Share0.160.16561.6009
Slightly volatile
Debt To Assets0.03420.03590.0648
Slightly volatile
Operating Cycle167286252
Slightly volatile
Price Book Value Ratio4.242.70282.9854
Pretty Stable
Days Of Payables Outstanding34.2536.054640.8319
Slightly volatile
Ebt Per Ebit0.811.03521.038
Slightly volatile
Company Equity Multiplier1.431.34351.2768
Slightly volatile
Long Term Debt To Capitalization0.02970.03130.051
Slightly volatile
Total Debt To Capitalization0.04380.04610.0747
Slightly volatile
Debt Equity Ratio0.04590.04830.0827
Slightly volatile
Quick Ratio1.862.12492.5263
Slightly volatile
Cash Ratio0.790.61720.6901
Pretty Stable
Cash Conversion Cycle262250219
Slightly volatile
Days Of Inventory Outstanding203194156
Slightly volatile
Days Of Sales Outstanding11492.0386105
Slightly volatile
Price To Book Ratio4.242.70282.9854
Pretty Stable
Fixed Asset Turnover22.2721.2056.4729
Slightly volatile
Debt Ratio0.03420.03590.0648
Slightly volatile
Price Sales Ratio1.51.57644.0247
Slightly volatile
Asset Turnover1.341.27620.6795
Slightly volatile
Price Fair Value4.242.70282.9854
Pretty Stable

Mind Technology Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap123.5 M117.7 M122.4 M
Slightly volatile
Enterprise Value122.7 M116.8 M121.6 M
Slightly volatile

Mind Fundamental Market Drivers

Mind Upcoming Events

17th of April 2024
Upcoming Quarterly Report
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31st of January 2024
Next Fiscal Quarter End
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About Mind Technology Financial Statements

Mind Technology stakeholders use historical fundamental indicators, such as Mind Technology's revenue or net income, to determine how well the company is positioned to perform in the future. Although Mind Technology investors may analyze each financial statement separately, they are all interrelated. For example, changes in Mind Technology's assets and liabilities are reflected in the revenues and expenses on Mind Technology's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Mind Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.8 M1.1 M
Total Revenue46.9 M47.8 M
Cost Of Revenue25.9 M28.8 M
Sales General And Administrative To Revenue 0.44  0.22 
Research And Ddevelopement To Revenue 0.04  0.05 
Capex To Revenue 0.01  0.01 
Revenue Per Share 5.88  5.59 
Ebit Per Revenue 0.15  0.15 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mind Technology. If investors know Mind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
(1.17)
Revenue Per Share
5.786
Quarterly Revenue Growth
(0.20)
Return On Assets
0.0833
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.