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

Mind Technology has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.85 for Q2 2026.

• In Q2 2026, Asset Utilization Ratio fell 30.91% year-over-year to 0.85; the TTM figure through Apr 2026 stood at 0.85 (down 30.91% YoY), while the FY2026 annual figure was 0.95, down 28.65% from the prior year.
• Asset Utilization Ratio rose to 0.85 in Q2 2026, from 0.85 in the prior quarter.
• Over the last five years, Asset Utilization Ratio for MIND reached as high as 1.35 in Q3 2025 and fell as low as 0.6 in Q1 2022.
• The 5-year median for Asset Utilization Ratio is 0.97 (2023), against an average of 0.98.
• Annual changes were most pronounced in 2023 — Asset Utilization Ratio jumped 48.12% — and 2026, when it sank 34.13%.
• 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 slipped by 23.11% to 0.85 in 2026.
• According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.85, 0.85, and 1.11 for Q2 2026, Q1 2026, and Q4 2025 respectively.