Mind Technology (MIND) Asset Utilization Ratio (2011 - 2026)

Mind Technology (MIND) has reported Asset Utilization Ratio for 16 consecutive years, with 0.85 the latest figure, recorded in Q2 2026.

• On a quarterly basis, Asset Utilization Ratio fell 30.91% year-over-year to 0.85 in Q2 2026; TTM through Apr 2026 was 0.85, a 30.91% decrease from a year earlier, with the FY2026 full-year figure at 0.95, down 28.65% from the prior year.
• Asset Utilization Ratio was 0.85 for Q2 2026 at Mind Technology, up from 0.85 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.
• A 5-year average of 0.98 and a median of 0.97 in 2023 frame the typical range for Asset Utilization Ratio.
• Across the five-year window, Asset Utilization Ratio soared 48.12% in 2023 and plunged 34.13% in 2026, its largest moves.
• Over 5 years, Asset Utilization Ratio stood at 0.7 in 2022, then jumped by 41.82% to 1.0 in 2023, then grew by 22.36% to 1.22 in 2024, then declined by 9.14% to 1.11 in 2025, then decreased by 23.11% to 0.85 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.85 (Q2 2026), 0.85 (Q1 2026), and 1.11 (Q4 2025), per Business Quant data.