Growth Metrics

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

Mind Technology has reported Debt Ratio over the past 9 years, most recently at 0.02 for Q1 2021.

  • Quarterly Debt Ratio changed N/A to 0.02 in Q1 2021 from the year-ago period, while the trailing twelve-month figure was 0.02 through Jan 2021, changed N/A year-over-year, with the annual reading at 0.02 for FY2021, 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.
  • Over five years, Debt Ratio peaked at 0.07 in Q1 2017 and troughed at 0.02 in Q1 2021.
  • The 3-year median for Debt Ratio is 0.04 (2020), against an average of 0.04.
  • The largest YoY upside for Debt Ratio was 55.75% in 2017 against a maximum downside of 55.75% in 2017.
  • A 3-year view of Debt Ratio shows it stood at 0.07 in 2017, then tumbled by 41.44% to 0.04 in 2020, then crashed by 45.74% to 0.02 in 2021.
  • Per Business Quant, the three most recent readings for MIND's Debt Ratio are 0.02 (Q1 2021), 0.04 (Q4 2020), and 0.04 (Q3 2020).