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

Mind Technology (MIND) posted quarterly 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 reported Debt Ratio for 9 consecutive years, with 0.02 the latest figure, recorded in Q1 2021.

In Q1 2021, Debt Ratio changed N/A year-over-year to 0.02; the TTM figure through Jan 2021 stood at 0.02 (changed N/A YoY), while the FY2021 annual figure was 0.02, changed N/A from the prior year.
Debt Ratio declined to 0.02 in Q1 2021 per MIND's latest filing, from 0.04 in the prior quarter.
Across five years, Debt Ratio topped out at 0.13 in Q1 2017 and bottomed at 0.02 in Q1 2021.
Historically, Debt Ratio has averaged 0.06 across 3 years, with a median of 0.04 in 2020.
On a YoY basis, Debt Ratio climbed as much as 11.5% in 2017 and fell as far as 11.5% in 2017.
Mind Technology's Debt Ratio stood at 0.13 in 2017, then slumped by 70.72% to 0.04 in 2020, then plunged 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.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Garmin	56.88 Bn	54.22 Bn	1.26 Bn	-
2	Keysight Technologies	53.99 Bn	51.58 Bn	1.18 Bn	0.28
3	Coherent	51.19 Bn	49.20 Bn	787.08 Mn	0.18
4	Teledyne Technologies	29.25 Bn	28.91 Bn	738.10 Mn	0.13
5	Mks	18.94 Bn	18.33 Bn	595.00 Mn	0.91
6	Fortive	18.20 Bn	17.83 Bn	695.30 Mn	0.30
7	Trimble	14.02 Bn	13.81 Bn	674.90 Mn	0.17
8	Cognex	10.08 Bn	9.67 Bn	205.77 Mn	-
9	Esco Technologies	7.46 Bn	7.39 Bn	141.52 Mn	0.04
10	Mind Technology	41.04 Mn	23.34 Mn	4.10 Mn	-

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