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

Mind Technology (MIND) posted quarterly Debt Ratio of 0.02 for Q1 2021, down 45.74% sequentially from 0.04 in Q4 2020.

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

Mind Technology has disclosed Debt Ratio across 9 years of filings, most recently posting 0.02 for 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 eased to 0.02 in Q1 2021, from 0.04 in the prior quarter.
  • Over the last five years, Debt Ratio for MIND reached as high as 0.07 in Q1 2017 and fell as low as 0.02 in Q1 2021.
  • The 3-year median for Debt Ratio is 0.04 (2020), against an average of 0.04.
  • The widest YoY moves for Debt Ratio: up 55.75% in 2017, down 55.75% in 2017.
  • A 3-year view of Debt Ratio shows it stood at 0.07 in 2017, then plunged by 41.44% to 0.04 in 2020, then sank by 45.74% to 0.02 in 2021.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.02, 0.04, and 0.04 for Q1 2021, Q4 2020, and Q3 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn 0.18
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn 0.13
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 0.22
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 0.16
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn 0.30
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 0.16
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 0.42
9 Garmin 4.63 Bn 1.93 Bn 1.04 Bn -
10 Mind Technology 42.95 Mn 25.25 Mn 4.10 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