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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |