Growth Metrics

Mind Technology (MIND) Asset Utilization Ratio (2016 - 2026)

Mind Technology (MIND) has disclosed Asset Utilization Ratio for 16 consecutive years, with 0.85 as the latest value for Q1 2026.

  • For Q1 2026, Asset Utilization Ratio fell 34.13% year-over-year to 0.85; the TTM value through Jan 2026 reached 0.85, down 34.13%, while the annual FY2026 figure was 0.95, 28.65% down from the prior year.
  • Asset Utilization Ratio was 0.85 for Q1 2026 at Mind Technology, down from 1.11 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.35 in Q3 2025, with the low at 0.6 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.99 across 5 years, with a median of 1.0 in 2023.
  • The largest annual shift saw Asset Utilization Ratio soared 48.12% in 2023 before it plummeted 34.13% in 2026.
  • Over 5 years, Asset Utilization Ratio stood at 0.7 in 2022, then skyrocketed by 41.82% to 1.0 in 2023, then grew by 22.36% to 1.22 in 2024, then decreased by 9.14% to 1.11 in 2025, then dropped by 23.69% to 0.85 in 2026.
  • Per Business Quant database, its latest 3 readings for Asset Utilization Ratio were 0.85 in Q1 2026, 1.11 in Q4 2025, and 1.35 in Q3 2025.