Mind Historical Financial Ratios

MIND Stock  USD 7.55  0.26  3.33%   
Mind Technology is lately reporting on over 112 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 113 will help investors to properly organize and evaluate Mind Technology financial condition quickly.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.

About Mind Financial Ratios Analysis

Mind TechnologyFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Mind Technology investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Mind financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Mind Technology history.

Mind Technology Financial Ratios Chart

At present, Mind Technology's Days Sales Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Days Of Inventory On Hand is expected to grow to 235.96, whereas PTB Ratio is forecasted to decline to 0.35.
Add Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Mind Technology stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Mind Technology sales, a figure that is much harder to manipulate than other Mind Technology multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Ev To Sales

The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.
Most ratios from Mind Technology's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Mind Technology current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.At present, Mind Technology's Days Sales Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Days Of Inventory On Hand is expected to grow to 235.96, whereas PTB Ratio is forecasted to decline to 0.35.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01330.02080.110.12
Price To Sales Ratio8.222.590.230.22

Mind Technology fundamentals Correlations

-0.680.940.420.690.640.620.390.941.00.250.480.780.41-0.65-0.20.50.720.180.230.790.41-0.190.57-0.050.43
-0.68-0.67-0.23-0.47-0.99-0.33-0.16-0.67-0.68-0.150.04-0.430.140.47-0.19-0.3-0.26-0.20.13-0.91-0.250.13-0.190.660.09
0.94-0.670.30.490.640.480.251.00.930.30.490.680.5-0.57-0.290.310.620.160.170.710.21-0.130.71-0.110.45
0.42-0.230.30.320.220.25-0.060.30.420.260.220.35-0.11-0.47-0.090.070.140.10.340.480.170.340.3-0.120.18
0.69-0.470.490.320.460.930.530.490.70.380.520.830.34-0.720.040.710.760.10.270.660.57-0.330.15-0.060.48
0.64-0.990.640.220.460.340.130.640.650.19-0.050.41-0.15-0.460.170.270.220.2-0.120.910.23-0.120.19-0.69-0.1
0.62-0.330.480.250.930.340.470.480.620.550.690.90.52-0.73-0.110.620.70.080.40.550.46-0.390.280.00.66
0.39-0.160.25-0.060.530.130.470.250.39-0.450.450.560.46-0.31-0.280.960.48-0.140.250.20.53-0.490.180.380.47
0.94-0.671.00.30.490.640.480.250.930.30.490.680.5-0.57-0.290.310.620.160.170.710.21-0.130.71-0.110.45
1.0-0.680.930.420.70.650.620.390.930.250.480.780.4-0.66-0.20.510.710.180.240.790.41-0.180.57-0.060.43
0.25-0.150.30.260.380.190.55-0.450.30.250.350.380.21-0.420.0-0.310.230.130.230.3-0.140.110.26-0.30.33
0.480.040.490.220.52-0.050.690.450.490.480.350.770.78-0.68-0.390.480.560.00.410.20.26-0.170.580.310.99
0.78-0.430.680.350.830.410.90.560.680.780.380.770.56-0.85-0.150.680.750.220.30.650.54-0.470.440.070.74
0.410.140.5-0.110.34-0.150.520.460.50.40.210.780.56-0.23-0.610.370.58-0.140.49-0.070.13-0.260.660.480.83
-0.650.47-0.57-0.47-0.72-0.46-0.73-0.31-0.57-0.66-0.42-0.68-0.85-0.23-0.16-0.48-0.55-0.4-0.03-0.72-0.510.22-0.270.15-0.63
-0.2-0.19-0.29-0.090.040.17-0.11-0.28-0.29-0.20.0-0.39-0.15-0.61-0.16-0.12-0.110.54-0.730.210.26-0.14-0.78-0.52-0.42
0.5-0.30.310.070.710.270.620.960.310.51-0.310.480.680.37-0.48-0.120.56-0.040.230.40.65-0.490.110.220.46
0.72-0.260.620.140.760.220.70.480.620.710.230.560.750.58-0.55-0.110.560.220.080.420.55-0.520.320.310.53
0.18-0.20.160.10.10.20.08-0.140.160.180.130.00.22-0.14-0.40.54-0.040.22-0.590.330.66-0.34-0.08-0.140.03
0.230.130.170.340.27-0.120.40.250.170.240.230.410.30.49-0.03-0.730.230.08-0.59-0.04-0.160.280.550.270.42
0.79-0.910.710.480.660.910.550.20.710.790.30.20.65-0.07-0.720.210.40.420.33-0.040.44-0.160.23-0.560.12
0.41-0.250.210.170.570.230.460.530.210.41-0.140.260.540.13-0.510.260.650.550.66-0.160.44-0.480.020.130.28
-0.190.13-0.130.34-0.33-0.12-0.39-0.49-0.13-0.180.11-0.17-0.47-0.260.22-0.14-0.49-0.52-0.340.28-0.16-0.480.17-0.18-0.18
0.57-0.190.710.30.150.190.280.180.710.570.260.580.440.66-0.27-0.780.110.32-0.080.550.230.020.170.240.61
-0.050.66-0.11-0.12-0.06-0.690.00.38-0.11-0.06-0.30.310.070.480.15-0.520.220.31-0.140.27-0.560.13-0.180.240.37
0.430.090.450.180.48-0.10.660.470.450.430.330.990.740.83-0.63-0.420.460.530.030.420.120.28-0.180.610.37
Click cells to compare fundamentals

Mind Technology Account Relationship Matchups

Mind Technology fundamentals Accounts

201920202021202220232024 (projected)
Price To Sales Ratio8.0812.638.222.590.230.22
Dividend Yield0.0059440.006260.01330.02080.110.12
Ptb Ratio7.248.816.283.950.370.35
Days Sales Outstanding56.6581.67128.3641.5365.64113.39
Book Value Per Share39.2424.321.9816.7216.115.3
Free Cash Flow Yield(0.0284)(0.0259)(0.0945)(0.0383)(0.62)(0.59)
Operating Cash Flow Per Share(4.79)(5.08)(12.44)(2.11)(3.53)(3.36)
Stock Based Compensation To Revenue0.020.03340.02780.01860.0071490.006791
Capex To Depreciation0.210.510.120.380.250.23
Pb Ratio7.248.816.283.950.370.35
Ev To Sales11.08.0612.528.082.620.12
Free Cash Flow Per Share(8.08)(5.53)(13.05)(2.53)(3.74)(3.93)
Inventory Turnover1.961.211.221.441.621.54
Net Income Per Share(9.3)(11.18)(9.86)(5.39)(1.47)(1.55)
Days Of Inventory On Hand185.78300.61299.22252.81224.73235.96
Payables Turnover14.748.168.358.8713.387.02
Research And Ddevelopement To Revenue0.04340.140.160.09680.05840.053
Capex To Revenue0.09350.02670.03610.01660.0079430.007546
Cash Per Share2.543.683.710.563.763.57
Pocfratio(59.29)(42.12)(11.09)(31.32)(1.7)(1.61)
Interest Coverage(419.32)(180.83)(209.02)(14.67)(16.87)(17.71)
Payout Ratio(0.18)(0.12)(0.19)(0.25)(0.46)(0.43)
Capex To Operating Cash Flow(0.69)(0.089)(0.0487)(0.2)(0.0584)(0.0555)
Pfcf Ratio(35.16)(38.68)(10.58)(26.09)(1.6)(1.52)
Days Payables Outstanding24.7544.7343.7141.1627.2825.91
Income Quality0.520.311.140.334.524.74
Roe(0.35)(0.24)(0.46)(0.45)(0.0914)(0.096)
Ev To Operating Cash Flow(59.15)(41.76)(10.9)(31.65)(0.9)(0.86)
Pe Ratio(30.55)(19.13)(14.0)(12.24)(4.08)(3.87)
Return On Tangible Assets(0.38)(0.24)(0.42)(0.27)(0.0676)(0.071)
Ev To Free Cash Flow(35.08)(38.35)(10.39)(26.37)(0.85)(0.81)
Earnings Yield(0.0327)(0.0523)(0.0715)(0.0817)(0.25)(0.23)
Intangibles To Total Assets0.20.180.170.150.08620.08
Current Ratio3.633.422.732.572.762.58
Tangible Book Value Per Share30.4418.917.6113.1514.0513.35
Receivables Turnover6.444.472.848.795.563.17
Graham Number90.5978.1969.8345.0423.0921.94

Also Currently Popular

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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.
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
27.074
Quarterly Revenue Growth
0.327
Return On Assets
0.0525
Return On Equity
0.0668
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.