MindForge MF
NASDAQ MF
$12.20 -1.10 (-8.27%)
At close: Sep 9, 2026 · 4:00 PM EDT

MindForge (MF) Debt Ratio (2023 - 2025)

MindForge (MF) posted Debt Ratio of 0.02 for Q2 2025, down 47.77% on a QoQ basis from 0.04 in Q4 2024, and down 55.53% year-over-year from 0.04 in Q2 2024.

Analysis

MindForge (MF) Debt Ratio (2023 - 2025) Analysis & Trends

MindForge has reported Debt Ratio for 3 years, with the latest figure at 0.02 in Q2 2025.

  • On a quarterly basis, Debt Ratio fell 55.53% year-over-year to 0.02 in Q2 2025; TTM through Jun 2025 was 0.02, a 55.53% decrease from a year earlier, with the FY2025 full-year figure at 0.02, down 55.53% from the prior year.
  • Debt Ratio was 0.02 for Q2 2025 at MindForge, down from 0.04 in the prior quarter.
  • The five-year high for Debt Ratio was 0.05 in Q4 2023, with the low at 0.02 in Q2 2025.
  • Average Debt Ratio over 3 years is 0.03, with a median of 0.04 recorded in 2024.
  • The sharpest annual moves came in 2024 and 2025: Debt Ratio jumped 46.52% in 2024, then plunged 55.53% in 2025.
  • Over 3 years, Debt Ratio stood at 0.05 in 2023, then declined by 21.4% to 0.04 in 2024, then tumbled by 47.77% to 0.02 in 2025.
  • The last three Debt Ratio figures came in at 0.02 (Q2 2025), 0.04 (Q4 2024), and 0.04 (Q2 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Guidewire Software 13.52 Bn 12.77 Bn 236.65 Mn 0.27
2 Exzeo 1.49 Bn 1.36 Bn 36.84 Mn -
3 Yuanbao 632.22 Mn -13.93 Mn - -
4 Cheche 230.80 Mn 211.43 Mn - 0.10
5 Roadzen 109.13 Mn 106.01 Mn 9.27 Mn 0.69
6 Health In Tech 64.25 Mn 57.80 Mn 3.92 Mn -
7 MindForge 1.99 Mn -7.88 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2025 0.02
Dec 31, 2024 0.04
Jun 30, 2024 0.04
Dec 31, 2023 0.05
Jun 30, 2023 0.03