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| Date | Value |
|---|---|
| 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 |