Mind Technology (MIND) Interest Coverage Ratio (2023 - 2026)
Mind Technology's (MIND) quarterly Interest Coverage Ratio came in at 0.05 in Q1 2026, up 100.57% quarter-over-quarter from 8.6 in Q4 2023.
Analysis
Mind Technology (MIND) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Mind Technology (MIND) has reported Interest Coverage Ratio for 2 consecutive years, with 0.05 the latest figure, recorded in Q1 2026.
- On a quarterly basis, Interest Coverage Ratio changed N/A year-over-year to 0.05 in Q1 2026; TTM through Jan 2026 was 1.79, a N/A change from a year earlier, with the FY2026 full-year figure at 1.79, changed N/A from the prior year.
- Interest Coverage Ratio was 0.05 for Q1 2026 at Mind Technology, up from 8.6 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 2.05 in Q2 2023 and troughed at 8.6 in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.36 Bn | 81.03 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 75.15 Bn | 74.31 Bn | 1.90 Bn | 14.52 |
| 3 | Ametek | 53.43 Bn | 52.93 Bn | 735.04 Mn | 17.55 |
| 4 | Rockwell Automation | 46.65 Bn | 46.17 Bn | 1.14 Bn | 14.58 |
| 5 | Mettler Toledo International | 25.74 Bn | 25.69 Bn | 650.22 Mn | 19.04 |
| 6 | Dover | 25.26 Bn | 23.50 Bn | 880.61 Mn | 13.48 |
| 7 | Nordson | 17.15 Bn | 17.04 Bn | 453.73 Mn | 10.71 |
| 8 | Fortive | 16.53 Bn | 16.16 Bn | 695.30 Mn | 5.93 |
| 9 | RBC Bearings | 14.91 Bn | 14.79 Bn | 247.80 Mn | 13.94 |
| 10 | Mind Technology | 35.00 Mn | 17.30 Mn | 4.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 0.05 |
| Oct 31, 2023 | -8.60 |
| Jul 31, 2023 | -4.71 |
| Apr 30, 2023 | 2.05 |