MIND Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . MIND CTI
MNDO Stock  USD 2.02  0.02  0.98%   
MIND CTI financial statements provide useful quarterly and yearly information to potential MIND CTI 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 CTI financial statements helps investors assess MIND CTI's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MIND CTI's valuation are summarized below:
Gross Profit
11.5 M
Profit Margin
0.2208
Market Capitalization
39.7 M
Enterprise Value Revenue
1.2035
Revenue
21.9 M
We have found one hundred twenty available fundamental ratios for MIND CTI, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check MIND CTI's last-minute fundamentals against the trend between 2010 and 2025 to make sure the company can sustain itself next year. As of the 26th of February 2025, Market Cap is likely to drop to about 49.1 M. In addition to that, Enterprise Value is likely to drop to about 28.7 M

MIND CTI Total Revenue

20.18 Million

Check MIND CTI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among MIND CTI's main balance sheet or income statement drivers, such as Depreciation And Amortization of 167.6 K, Interest Expense of 14.5 K or Total Revenue of 20.2 M, as well as many indicators such as Price To Sales Ratio of 3.94, Dividend Yield of 0.1 or PTB Ratio of 3.17. MIND financial statements analysis is a perfect complement when working with MIND CTI Valuation or Volatility modules.
  
Check out the analysis of MIND CTI Correlation against competitors.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

MIND CTI Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets28.2 M28.5 M28.4 M
Slightly volatile
Total Current Liabilities4.9 M5.1 M4.9 M
Pretty Stable
Total Stockholder Equity23.1 M22 M21.4 M
Slightly volatile
Property Plant And Equipment Net926 K815.4 K881.4 K
Slightly volatile
Accounts Payable664.5 K1.1 M739.6 K
Pretty Stable
Cash2.5 M2.7 M6.7 M
Slightly volatile
Non Current Assets Total10.7 M10.7 M9.4 M
Slightly volatile
Non Currrent Assets Other1.8 M1.8 M1.6 M
Slightly volatile
Cash And Short Term Investments14.8 M14.9 M16.4 M
Pretty Stable
Net Receivables2.4 M2.1 M2.2 M
Pretty Stable
Common Stock Shares Outstanding21.7 M23.5 M19.7 M
Slightly volatile
Short Term Investments9.2 M15.7 M9.7 M
Slightly volatile
Liabilities And Stockholders Equity28.2 M28.5 M28.4 M
Slightly volatile
Non Current Liabilities Total2 M3.1 M2.3 M
Slightly volatile
Inventory0.860.97.8 K
Slightly volatile
Other Stockholder Equity30.6 M24.1 M24.7 M
Slightly volatile
Total Liabilities6.9 M8.2 M7.3 M
Slightly volatile
Total Current Assets17.5 M17.7 M19.1 M
Pretty Stable
Common Stock58.1 K62.1 K53.6 K
Slightly volatile
Short and Long Term Debt Total548.9 K577.8 K1.3 M
Slightly volatile
Other Current Liabilities1.4 M1.6 M1.7 M
Very volatile
Other Liabilities1.9 M2.5 M2 M
Slightly volatile
Other Assets1.8 M1.9 M1.7 M
Slightly volatile
Common Stock Total Equity58.9 K62.1 K54.6 K
Slightly volatile
Property Plant And Equipment Gross3 M2.8 M1.3 M
Slightly volatile
Short Term Debt186.4 K196.2 K445.2 K
Slightly volatile
Property Plant Equipment940.7 K1.1 M974.5 K
Pretty Stable
Intangible Assets290.6 K305.9 K2.7 M
Slightly volatile
Current Deferred Revenue2.6 M1.7 M2.6 M
Slightly volatile
Other Current Assets1.3 M937.2 K1.6 M
Pretty Stable
Good Will7.2 M9.1 M6.6 M
Slightly volatile
Net Tangible Assets12.4 M14.1 M15.2 M
Slightly volatile
Deferred Long Term Liabilities309.5 K158.7 K177.2 K
Pretty Stable
Net Invested Capital25 M28.2 M22.5 M
Slightly volatile
Net Working Capital16.1 M17.5 M15 M
Slightly volatile
Capital Stock43.2 K48.6 K53 K
Slightly volatile
Capital Surpluse21.6 M24.3 M26.5 M
Slightly volatile
Capital Lease Obligations978.4 K577.8 K1.2 M
Slightly volatile

MIND CTI Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization167.6 K176.4 K190.2 K
Slightly volatile
Interest Expense14.5 K15.3 K66.7 K
Slightly volatile
Total Revenue20.2 M24.9 M20.4 M
Slightly volatile
Gross Profit13 M12.5 M11.9 M
Slightly volatile
Other Operating Expenses16.7 M19.4 M15.5 M
Slightly volatile
Operating Income3.4 M5.5 M4.9 M
Slightly volatile
EBIT3.7 M5.5 M4.8 M
Slightly volatile
Research Development3.3 M3.2 M3.8 M
Pretty Stable
EBITDA4.2 M5.7 M5 M
Slightly volatile
Cost Of Revenue7.2 M12.4 M8.5 M
Slightly volatile
Total Operating Expenses6.9 M5.5 M6.8 M
Slightly volatile
Income Before Tax4.3 M6.4 M5.2 M
Slightly volatile
Net Income3.8 M5.9 M4.6 M
Slightly volatile
Selling General Administrative1.2 M1.3 M2 M
Slightly volatile
Net Income Applicable To Common Shares5.7 M6.1 M4.7 M
Slightly volatile
Selling And Marketing Expenses1.1 M1 M1.3 M
Slightly volatile
Net Income From Continuing Ops5.4 M5.8 M4.5 M
Slightly volatile
Tax Provision538 K342.9 K834.6 K
Slightly volatile
Interest Income889.9 K847.5 K305.7 K
Slightly volatile
Net Interest Income876.6 K834.9 K306.3 K
Slightly volatile
Reconciled Depreciation178.2 K239.2 K142.5 K
Slightly volatile

MIND CTI Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Change To Inventory740.2 K705 K377.9 K
Slightly volatile
Free Cash Flow4.4 M4.6 M4.6 M
Slightly volatile
Begin Period Cash Flow4.5 M4.7 M7.7 M
Slightly volatile
Depreciation167.6 K176.4 K190.2 K
Slightly volatile
Dividends Paid5.2 M5.6 M4.9 M
Slightly volatile
Capital Expenditures54.7 K57.6 K148.5 K
Slightly volatile
Total Cash From Operating Activities4.7 M4.7 M4.8 M
Slightly volatile
Net Income3.8 M5.9 M4.6 M
Slightly volatile
End Period Cash Flow2.5 M2.7 M6.7 M
Slightly volatile
Stock Based Compensation339.3 K323.1 K223 K
Pretty Stable

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.942.13.3383
Slightly volatile
Dividend Yield0.10.110.1057
Pretty Stable
PTB Ratio3.171.863.8039
Slightly volatile
Days Sales Outstanding71.844.5746.1789
Pretty Stable
Book Value Per Share1.611.41.1501
Slightly volatile
Free Cash Flow Yield0.0710.09190.0971
Pretty Stable
Operating Cash Flow Per Share0.170.180.2379
Very volatile
Average Payables945.4 K1.3 M1.1 M
Slightly volatile
Stock Based Compensation To Revenue0.00720.01170.0098
Pretty Stable
Capex To Depreciation0.360.380.7397
Slightly volatile
PB Ratio3.171.863.8039
Slightly volatile
EV To Sales3.111.982.9737
Slightly volatile
Free Cash Flow Per Share0.150.180.2287
Pretty Stable
ROIC0.0880.150.1787
Slightly volatile
Inventory Turnover2.4 K2.3 K1.6 K
Slightly volatile
Net Income Per Share0.140.230.2322
Pretty Stable
Days Of Inventory On Hand0.00.01.0215
Slightly volatile
Payables Turnover19.359.7832.5407
Pretty Stable
Sales General And Administrative To Revenue0.07160.07540.1031
Slightly volatile
Average Inventory0.40.450.4906
Slightly volatile
Research And Ddevelopement To Revenue0.260.190.1987
Slightly volatile
Capex To Revenue0.00320.00340.0097
Slightly volatile
Cash Per Share1.010.950.8761
Pretty Stable
POCF Ratio10.5311.0818.4607
Slightly volatile
Interest Coverage264251187
Slightly volatile
Payout Ratio0.750.841.0309
Pretty Stable
Capex To Operating Cash Flow0.01710.0180.0573
Slightly volatile
PFCF Ratio10.711.2628.0535
Slightly volatile
Days Payables Outstanding65.838.6362.733
Slightly volatile
Income Quality1.090.911.0701
Pretty Stable
ROE0.120.190.2129
Pretty Stable
EV To Operating Cash Flow20.3110.4417.6679
Slightly volatile
PE Ratio8.368.815.3652
Slightly volatile
Return On Tangible Assets0.110.20.2009
Pretty Stable
EV To Free Cash Flow10.0710.626.3916
Slightly volatile
Earnings Yield0.06630.120.0964
Slightly volatile
Intangibles To Total Assets0.170.230.2026
Slightly volatile
Current Ratio5.85.074.2164
Pretty Stable
Tangible Book Value Per Share1.310.930.8272
Slightly volatile
Receivables Turnover6.278.489.6503
Pretty Stable
Graham Number3.03.042.4938
Slightly volatile
Shareholders Equity Per Share1.611.41.1501
Slightly volatile
Debt To Equity0.05610.03010.0547
Slightly volatile
Capex Per Share0.00350.00370.0084
Slightly volatile
Graham Net Net0.780.640.5928
Pretty Stable
Revenue Per Share0.750.961.0215
Pretty Stable
Interest Debt Per Share0.07220.03760.0392
Pretty Stable
Debt To Assets0.04360.02330.04
Slightly volatile
Enterprise Value Over EBITDA13.08.6512.0718
Slightly volatile
Price Earnings Ratio8.368.815.3652
Slightly volatile
Operating Cycle75.0444.5747.4028
Pretty Stable
Price Book Value Ratio3.171.863.8039
Slightly volatile
Days Of Payables Outstanding65.838.6362.733
Slightly volatile
Dividend Payout Ratio0.750.841.0309
Pretty Stable
Price To Operating Cash Flows Ratio10.5311.0818.4607
Slightly volatile
Price To Free Cash Flows Ratio10.711.2628.0535
Slightly volatile
Pretax Profit Margin0.160.230.2506
Very volatile
Ebt Per Ebit0.91.051.0566
Very volatile
Operating Profit Margin0.120.20.2327
Pretty Stable
Company Equity Multiplier1.011.161.3132
Slightly volatile
Total Debt To Capitalization0.05310.02940.0517
Slightly volatile
Return On Capital Employed0.10.160.2051
Slightly volatile
Debt Equity Ratio0.05610.03010.0547
Slightly volatile
Ebit Per Revenue0.120.20.2327
Pretty Stable
Quick Ratio5.795.074.2134
Pretty Stable
Dividend Paid And Capex Coverage Ratio1.250.960.9919
Pretty Stable
Net Income Per E B T0.720.840.874
Pretty Stable
Cash Ratio0.720.761.4192
Slightly volatile
Operating Cash Flow Sales Ratio0.170.18970.2249
Very volatile
Days Of Inventory Outstanding0.00.01.0215
Slightly volatile
Days Of Sales Outstanding71.844.5746.1789
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.70.890.9192
Pretty Stable
Cash Flow Coverage Ratios6.045.754.9707
Slightly volatile
Price To Book Ratio3.171.863.8039
Slightly volatile
Fixed Asset Turnover19.721.4732.9578
Very volatile
Capital Expenditure Coverage Ratio60.5457.6653.9345
Slightly volatile
Price Cash Flow Ratio10.5311.0818.4607
Slightly volatile
Enterprise Value Multiple13.08.6512.0718
Slightly volatile
Debt Ratio0.04360.02330.04
Slightly volatile
Cash Flow To Debt Ratio6.045.754.9707
Slightly volatile
Price Sales Ratio3.942.13.3383
Slightly volatile
Return On Assets0.0880.150.159
Pretty Stable
Asset Turnover0.470.620.7039
Slightly volatile
Net Profit Margin0.140.220.2219
Very volatile
Gross Profit Margin0.730.580.6087
Slightly volatile
Price Fair Value3.171.863.8039
Slightly volatile
Return On Equity0.120.190.2129
Pretty Stable

MIND CTI Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap49.1 M50.7 M44.5 M
Slightly volatile
Enterprise Value28.7 M37.2 M37.2 M
Slightly volatile

MIND Fundamental Market Drivers

Cash And Short Term Investments16.6 M

MIND Upcoming Events

13th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

About MIND CTI Financial Statements

MIND CTI investors utilize fundamental indicators, such as revenue or net income, to predict how MIND Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.7 M2.6 M
Total Revenue24.9 M20.2 M
Cost Of Revenue12.4 M7.2 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.08  0.07 
Research And Ddevelopement To Revenue 0.19  0.26 
Revenue Per Share 0.96  0.75 
Ebit Per Revenue 0.20  0.12 

Pair Trading with MIND CTI

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MIND CTI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MIND CTI will appreciate offsetting losses from the drop in the long position's value.

Moving against MIND Stock

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The ability to find closely correlated positions to MIND CTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIND CTI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MIND CTI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MIND CTI to buy it.
The correlation of MIND CTI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for MIND CTI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether MIND CTI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MIND CTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mind Cti Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mind Cti Stock:
How To Invest In MIND
Details
Is MIND Stock a good investment?
Details
What is MIND CTI's Net Worth?
Details
Largest Application Software Companies
View
Largest Software - Application Companies
View
Check out the analysis of MIND CTI Correlation against competitors.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Application Software 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 CTI. 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 CTI 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
(0.33)
Earnings Share
0.23
Revenue Per Share
1.079
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0874
The market value of MIND CTI 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 CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI'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 CTI's market value can be influenced by many factors that don't directly affect MIND CTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Altman
Z Score
Details
Piotroski
F Score
Details
Beneish
M Score
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI'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.
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