Growth Metrics

Mind Technology (MIND) Debt Ratio (2016 - 2021)

Mind Technology (MIND) has disclosed Debt Ratio for 9 consecutive years, with 0.02 as the latest value for Q1 2021.

  • For Q1 2021, Debt Ratio changed N/A year-over-year to 0.02; the TTM value through Jan 2021 reached 0.02, changed N/A, while the annual FY2021 figure was 0.02, N/A changed from the prior year.
  • Debt Ratio was 0.02 for Q1 2021 at Mind Technology, down from 0.04 in the prior quarter.
  • The five-year high for Debt Ratio was 0.07 in Q1 2017, with the low at 0.02 in Q1 2021.
  • Historically, Debt Ratio has averaged 0.04 across 3 years, with a median of 0.04 in 2020.
  • Biggest YoY gain for Debt Ratio was 55.75% in 2017; the steepest drop was 55.75% in 2017.
  • Over 3 years, Debt Ratio stood at 0.07 in 2017, then plummeted by 41.44% to 0.04 in 2020, then tumbled by 45.74% to 0.02 in 2021.
  • Per Business Quant database, its latest 3 readings for Debt Ratio were 0.02 in Q1 2021, 0.04 in Q4 2020, and 0.04 in Q3 2020.