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| 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 |