Growth Metrics

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

Mind Technology has reported Asset Utilization Ratio over the past 16 years, most recently at 0.85 for Q1 2026.

  • Quarterly Asset Utilization Ratio fell 34.13% to 0.85 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.85 through Jan 2026, down 34.13% year-over-year, with the annual reading at 0.95 for FY2026, 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.
  • Over five years, Asset Utilization Ratio peaked at 1.35 in Q3 2025 and troughed at 0.6 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 1.0 (2023), against an average of 0.99.
  • Year-over-year, Asset Utilization Ratio skyrocketed 48.12% in 2023 and then tumbled 34.13% in 2026.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.7 in 2022, then surged by 41.82% to 1.0 in 2023, then increased by 22.36% to 1.22 in 2024, then fell by 9.14% to 1.11 in 2025, then decreased by 23.69% to 0.85 in 2026.
  • Per Business Quant, the three most recent readings for MIND's Asset Utilization Ratio are 0.85 (Q1 2026), 1.11 (Q4 2025), and 1.35 (Q3 2025).