Mind Historical Financial Ratios
MIND Stock | USD 7.81 0.21 2.76% |
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.
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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
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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.Dividend Yield
Dividend Yield is Mind Technology dividend as a percentage of Mind Technology stock price. Mind Technology dividend yield is a measure of Mind Technology stock productivity, which can be interpreted as interest rate earned on an Mind Technology investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.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.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 Yield | 0.0133 | 0.0208 | 0.11 | 0.12 | Price To Sales Ratio | 8.22 | 2.59 | 0.23 | 0.22 |
Mind Technology fundamentals Correlations
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Mind Technology Account Relationship Matchups
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Mind Technology fundamentals Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Price To Sales Ratio | 8.08 | 12.63 | 8.22 | 2.59 | 0.23 | 0.22 | |
Dividend Yield | 0.005944 | 0.00626 | 0.0133 | 0.0208 | 0.11 | 0.12 | |
Ptb Ratio | 7.24 | 8.81 | 6.28 | 3.95 | 0.37 | 0.35 | |
Days Sales Outstanding | 56.65 | 81.67 | 128.36 | 41.53 | 65.64 | 113.39 | |
Book Value Per Share | 39.24 | 24.3 | 21.98 | 16.72 | 16.1 | 15.3 | |
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 Revenue | 0.02 | 0.0334 | 0.0278 | 0.0186 | 0.007149 | 0.006791 | |
Capex To Depreciation | 0.21 | 0.51 | 0.12 | 0.38 | 0.25 | 0.23 | |
Pb Ratio | 7.24 | 8.81 | 6.28 | 3.95 | 0.37 | 0.35 | |
Ev To Sales | 11.0 | 8.06 | 12.52 | 8.08 | 2.62 | 0.12 | |
Free Cash Flow Per Share | (8.08) | (5.53) | (13.05) | (2.53) | (3.74) | (3.93) | |
Inventory Turnover | 1.96 | 1.21 | 1.22 | 1.44 | 1.62 | 1.54 | |
Net Income Per Share | (9.3) | (11.18) | (9.86) | (5.39) | (1.47) | (1.55) | |
Days Of Inventory On Hand | 185.78 | 300.61 | 299.22 | 252.81 | 224.73 | 235.96 | |
Payables Turnover | 14.74 | 8.16 | 8.35 | 8.87 | 13.38 | 7.02 | |
Research And Ddevelopement To Revenue | 0.0434 | 0.14 | 0.16 | 0.0968 | 0.0584 | 0.053 | |
Capex To Revenue | 0.0935 | 0.0267 | 0.0361 | 0.0166 | 0.007943 | 0.007546 | |
Cash Per Share | 2.54 | 3.68 | 3.71 | 0.56 | 3.76 | 3.57 | |
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 Outstanding | 24.75 | 44.73 | 43.71 | 41.16 | 27.28 | 25.91 | |
Income Quality | 0.52 | 0.31 | 1.14 | 0.33 | 4.52 | 4.74 | |
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 Assets | 0.2 | 0.18 | 0.17 | 0.15 | 0.0862 | 0.08 | |
Current Ratio | 3.63 | 3.42 | 2.73 | 2.57 | 2.76 | 2.58 | |
Tangible Book Value Per Share | 30.44 | 18.9 | 17.61 | 13.15 | 14.05 | 13.35 | |
Receivables Turnover | 6.44 | 4.47 | 2.84 | 8.79 | 5.56 | 3.17 | |
Graham Number | 90.59 | 78.19 | 69.83 | 45.04 | 23.09 | 21.94 |
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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 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
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.