Mind Technology (MIND) Interest Coverage Ratio (2023)

Mind Technology (MIND) posted quarterly Interest Coverage Ratio of 8.6 for Q4 2023, down 82.71% sequentially from 4.71 in Q3 2023.

Mind Technology (MIND) Interest Coverage Ratio (2023) Analysis & Trends

Mind Technology has disclosed Interest Coverage Ratio across 1 years of filings, most recently posting 8.6 for Q4 2023.

  • In Q4 2023, Interest Coverage Ratio changed N/A year-over-year to 8.6; the TTM figure through Jul 2024 stood at 17.91 (up 253.29% YoY), while the FY2017 annual figure was 47.92, down 32.33% from the prior year.
  • Interest Coverage Ratio eased to 8.6 in Q4 2023, from 4.71 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for MIND reached as high as 2.05 in Q2 2023 and fell as low as 8.6 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Coherent 3,591.32 Bn 3,590.02 Bn 679.95 Mn -21.13
2 Novanta 69.39 Bn 69.00 Bn 113.58 Mn -
3 Keysight Technologies 57.75 Bn 55.57 Bn 995.00 Mn 8.55
4 Teledyne Technologies 30.63 Bn 30.33 Bn 673.80 Mn 23.92
5 Fortive 19.14 Bn 18.79 Bn 675.50 Mn -6.07
6 Trimble 12.33 Bn 12.10 Bn 646.30 Mn 7.38
7 Cognex 11.87 Bn 11.58 Bn 190.94 Mn -
8 Sensata Technologies Holding 6.78 Bn 6.14 Bn 286.30 Mn 4.15
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
Oct 31, 2023 -8.60
Jul 31, 2023 -4.71
Apr 30, 2023 2.05