MIND Technology Balance Sheet Health
Financial Health criteria checks 4/6
MIND Technology has a total shareholder equity of $21.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $29.8M and $8.6M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.57m |
| Equity | US$21.20m |
| Total liabilities | US$8.63m |
| Total assets | US$29.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MI70's short term assets ($24.4M) exceed its short term liabilities ($7.9M).
Long Term Liabilities: MI70's short term assets ($24.4M) exceed its long term liabilities ($725.0K).
Debt to Equity History and Analysis
Debt Level: MI70 is debt free.
Reducing Debt: MI70 had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MI70 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MI70 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.5% each year