Mind Financial Statements From 2010 to 2025

MIND Stock  USD 7.29  0.10  1.39%   
Mind Technology financial statements provide useful quarterly and yearly information to potential Mind Technology investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Mind Technology financial statements helps investors assess Mind Technology's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Mind Technology's valuation are summarized below:
Gross Profit
20.7 M
Profit Margin
0.0992
Market Capitalization
57.3 M
Enterprise Value Revenue
1.2346
Revenue
45.2 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. As of March 19, 2025, Market Cap is expected to decline to about 19.6 M. In addition to that, Enterprise Value is expected to decline to about 20.9 M

Mind Technology Total Revenue

48.48 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 1.7 M, Interest Expense of 443.7 K or Total Revenue of 48.5 M, as well as many indicators such as Price To Sales Ratio of 0.25, Dividend Yield of 0.0639 or PTB Ratio of 0.41. Mind financial statements analysis is a perfect complement when working with Mind Technology Valuation or Volatility modules.
  
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 Assets36.6 M38.5 M89.5 M
Slightly volatile
Short and Long Term Debt Total1.4 M1.5 MM
Slightly volatile
Other Current Liabilities3.5 M6.4 M3.8 M
Pretty Stable
Total Current Liabilities11.8 M11.8 M10.5 M
Very volatile
Total Stockholder Equity24.7 M26 M73 M
Slightly volatile
Property Plant And Equipment Net2.3 M2.5 M41.6 M
Slightly volatile
Accounts Payable1.4 M1.5 M3.5 M
Slightly volatile
CashM6.1 M6.9 M
Slightly volatile
Non Current Assets Total5.6 M5.9 M52.7 M
Slightly volatile
Non Currrent Assets Other4.1 M3.9 M1.8 M
Slightly volatile
Cash And Short Term Investments6.4 M4.8 M6.7 M
Slightly volatile
Net Receivables14.1 M7.6 M14.9 M
Slightly volatile
Common Stock Shares Outstanding1.1 M1.6 M1.2 M
Slightly volatile
Liabilities And Stockholders Equity36.6 M38.5 M89.5 M
Slightly volatile
Non Current Liabilities Total626 K659 KM
Slightly volatile
Inventory7.7 M15.4 M10.6 M
Slightly volatile
Other Stockholder Equity85.8 M130.1 M101.9 M
Slightly volatile
Total Liabilities18.5 M12.5 M16.9 M
Slightly volatile
Total Current Assets34.3 M32.6 M37 M
Slightly volatile
Short Term Debt820.5 K863.6 KM
Very volatile
Other Current Assets2.5 M2.8 M2.9 M
Very volatile
Property Plant And Equipment Gross9.8 M10.3 M43.1 M
Slightly volatile
Other Assets710.1 K747.5 KM
Pretty Stable
Common Stock Total Equity131.7 K180.6 K143.1 K
Slightly volatile
Common Stock15.3 K16.1 K116.6 K
Slightly volatile
Property Plant Equipment4.9 M5.1 M44.1 M
Slightly volatile
Current Deferred Revenue173.6 K182.7 K426.7 K
Slightly volatile
Intangible Assets6.3 M3.3 M6.4 M
Very volatile
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 Capital16.7 M16.3 M22.3 M
Slightly volatile
Capital Stock32.6 M43.5 M25.1 M
Slightly volatile
Capital Lease Obligations1.4 M1.2 MM
Slightly volatile

Mind Technology Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.7 M1.7 M15 M
Slightly volatile
Total Revenue48.5 M42 M51.9 M
Slightly volatile
Other Operating Expenses49.8 M41.4 M56.8 M
Slightly volatile
Cost Of Revenue29.4 M25 M35.7 M
Slightly volatile
Total Operating Expenses20.4 M16.4 M21.2 M
Very volatile
Selling General Administrative15.3 M14 M17.5 M
Pretty Stable
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 Depreciation1.3 M1.4 M10.3 M
Slightly volatile

Mind Technology Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow850 K894.7 K6.8 M
Slightly volatile
Depreciation1.3 M1.4 M15.1 M
Slightly volatile
End Period Cash Flow7.3 M4.8 M6.9 M
Slightly volatile
Stock Based Compensation223.2 K234.9 K809.4 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.250.271.037
Slightly volatile
Dividend Yield0.06390.10.0533
Slightly volatile
PTB Ratio0.410.430.7542
Slightly volatile
Days Sales Outstanding11375.49101
Slightly volatile
Book Value Per Share13.7714.4959.2071
Slightly volatile
Stock Based Compensation To Revenue0.00780.00821.1088
Slightly volatile
Capex To Depreciation0.270.280.3842
Slightly volatile
PB Ratio0.410.430.7542
Slightly volatile
EV To Sales0.130.141.0098
Slightly volatile
Inventory Turnover1.771.873.9847
Slightly volatile
Days Of Inventory On Hand212202144
Slightly volatile
Payables Turnover7.0212.0413.3379
Very volatile
Sales General And Administrative To Revenue0.220.440.3774
Slightly volatile
Research And Ddevelopement To Revenue0.0530.05260.0494
Slightly volatile
Capex To Revenue0.00870.00910.0986
Slightly volatile
Cash Per Share4.114.335.5216
Slightly volatile
Days Payables Outstanding29.831.3738.2273
Slightly volatile
Intangibles To Total Assets0.080.07760.1114
Slightly volatile
Current Ratio2.582.483.5238
Slightly volatile
Tangible Book Value Per Share15.3516.1653.155
Slightly volatile
Receivables Turnover3.175.04.0836
Slightly volatile
Shareholders Equity Per Share13.7714.4959.2071
Slightly volatile
Debt To Equity0.130.06720.0891
Pretty Stable
Capex Per Share0.230.246.2751
Slightly volatile
Revenue Per Share33.923.3741.6588
Slightly volatile
Interest Debt Per Share1.031.085.7293
Slightly volatile
Debt To Assets0.04320.04550.066
Slightly volatile
Graham Number89.0395.36115
Slightly volatile
Operating Cycle158261233
Slightly volatile
Price Book Value Ratio0.410.430.7542
Slightly volatile
Days Of Payables Outstanding29.831.3738.2273
Slightly volatile
Ebt Per Ebit0.50.530.9662
Slightly volatile
Company Equity Multiplier1.431.71.2991
Slightly volatile
Long Term Debt To Capitalization0.02970.03130.051
Slightly volatile
Total Debt To Capitalization0.120.06350.0805
Pretty Stable
Debt Equity Ratio0.130.06720.0891
Pretty Stable
Quick Ratio1.861.312.4659
Slightly volatile
Cash Ratio0.790.590.6885
Slightly volatile
Cash Conversion Cycle249237203
Slightly volatile
Days Of Inventory Outstanding212202144
Slightly volatile
Days Of Sales Outstanding11375.49101
Slightly volatile
Price To Book Ratio0.410.430.7542
Slightly volatile
Fixed Asset Turnover20.5819.66.1232
Slightly volatile
Debt Ratio0.04320.04550.066
Slightly volatile
Price Sales Ratio0.250.271.037
Slightly volatile
Asset Turnover1.030.980.6745
Slightly volatile
Price Fair Value0.410.430.7542
Slightly volatile

Mind Technology Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap19.6 M29.4 M30.7 M
Very volatile
Enterprise Value20.9 M28.6 M30.1 M
Very volatile

Mind Fundamental Market Drivers

Cash And Short Term Investments5.3 M

Mind Upcoming Events

17th of April 2024
Upcoming Quarterly Report
View
31st of January 2024
Next Fiscal Quarter End
View

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 Revenue182.7 K173.6 K
Total Revenue42 M48.5 M
Cost Of Revenue25 M29.4 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.44  0.22 
Research And Ddevelopement To Revenue 0.05  0.05 
Capex To Revenue 0.01  0.01 
Revenue Per Share 23.37  33.90 
Ebit Per Revenue 0.02  0.02 

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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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.
Earnings Share
6
Revenue Per Share
18.596
Quarterly Revenue Growth
1.434
Return On Assets
0.1205
Return On Equity
0.1954
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.