Mind Technology (MIND) Debt Ratio (2011 - 2021)

Mind Technology (MIND) reported Debt Ratio of 0.02 for Q1 2021, down 45.74% quarter-over-quarter from 0.04 in Q4 2020.

Mind Technology (MIND) Debt Ratio (2011 - 2021) Analysis & Trends

Mind Technology (MIND) has 9 years of Debt Ratio data on file, last reported at 0.02 in Q1 2021.

  • Debt Ratio for Q1 2021 came in at 0.02, changed N/A year-over-year; the trailing twelve-month figure through Jan 2021 was 0.02 (changed N/A YoY), and the FY2021 annual result was 0.02, changed N/A from the prior year.
  • Debt Ratio retreated to 0.02 in Q1 2021 per MIND's latest filing, from 0.04 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.07 in Q1 2017 and troughed at 0.02 in Q1 2021.
  • A 3-year average of 0.04 and a median of 0.04 in 2020 frame the typical range for Debt Ratio.
  • On a YoY basis, Debt Ratio climbed as much as 55.75% in 2017 and fell as far as 55.75% in 2017.
  • A 3-year view of Debt Ratio shows it stood at 0.07 in 2017, then slumped by 41.44% to 0.04 in 2020, then tumbled by 45.74% to 0.02 in 2021.
  • Business Quant data shows MIND's Debt Ratio at 0.02 in Q1 2021, 0.04 in Q4 2020, and 0.04 in Q3 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Coherent 67.67 Bn 66.37 Bn 679.95 Mn 0.18
2 Keysight Technologies 57.00 Bn 54.83 Bn 995.00 Mn 0.22
3 Garmin 45.82 Bn 43.12 Bn 1.04 Bn -
4 Teledyne Technologies 28.64 Bn 28.34 Bn 673.80 Mn 0.16
5 Mks 21.67 Bn 21.10 Bn 507.00 Mn 0.16
6 Fortive 19.42 Bn 19.07 Bn 675.50 Mn 0.30
7 Trimble 12.42 Bn 12.19 Bn 646.30 Mn 0.16
8 Cognex 10.23 Bn 9.94 Bn 190.94 Mn -
9 Esco Technologies 7.86 Bn 7.77 Bn 131.32 Mn 0.06
10 Mind Technology 48.89 Mn 29.79 Mn 3.99 Mn -

Historic Data

Download Data
DateValue
Jan 31, 2021 0.02
Oct 31, 2020 0.04
Jul 31, 2020 0.04
Jan 31, 2017 0.07
Oct 31, 2016 0.08
Jul 31, 2016 0.08
Apr 30, 2016 0.14
Jan 31, 2016 0.15
Oct 31, 2015 0.08
Jul 31, 2015 0.09
Apr 30, 2015 0.12
Jan 31, 2015 0.15
Oct 31, 2014 0.17
Jul 31, 2014 0.12
Apr 30, 2014 0.08
Jan 31, 2014 0.11
Oct 31, 2013 0.02
Jul 31, 2013 0.00
Apr 30, 2013 0.01
Jan 31, 2013 0.02