MIND Technology, Inc.
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from MIND Technology, Inc.'s yearly results (2023–2026), compared with Technology companies in United States. Tap ? on any ratio for what it means.
What stands out
- Profit Cash Ratio: Over the last 3 years, every $100 of reported profit came with $-28 of operating cash. Lower than almost all Technology companies in United States.
- Cash Cushion Ratio: Cash, after subtracting all debt, equals 48% of its market value (net cash). Higher than 95% of Technology companies in United States.
- Shareholder Slice Ratio: Share count rose 559% in 3 years, so each share's slice of the company became smaller. Bigger rise in share count than 93% of Technology companies in United States.
Cash quality
Profit Cash Ratio
$-28Over the last 3 years, every $100 of reported profit came with $-28 of operating cash.
Lower than almost all Technology companies in United States.
Self-Funding Ratio
-1.2×Over the last 3 years operating cash was negative while the company kept spending on investment (capex).
Lower than 79% of Technology companies in United States.
Cash Locked Ratio
$48For every $100 of sales, $48 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against $41 tied up three years earlier.
More money tied up than 88% of Technology companies in United States.
Growth quality
Steadiness Ratio
2/3 · 2/3Sales grew in 2 of the last 3 years; profit grew in 2 of 3.
Steadier than 54% of Technology companies in United States.
Growth Efficiency Ratio
$60Sales grew 64% in 3 years; of every extra $100 of sales, $60 became extra profit.
Higher than 75% of Technology companies in United States.
Asset Productivity Ratio
+64% / +50%In 3 years sales changed by +64% while total assets changed by +50%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
3.8×Debt due within a year is covered 3.8 times by its yearly operating cash.
Higher than 52% of Technology companies in United States.
Cash Cushion Ratio
+48%Cash, after subtracting all debt, equals 48% of its market value (net cash).
Higher than 95% of Technology companies in United States.
Tangible Assets Ratio
96%Of every $100 the company owns, $96 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 84% of Technology companies in United States.
Tangible Net Worth Ratio
96%Of every $100 of net worth, $96 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 88% of Technology companies in United States.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
MIND Technology, Inc. made a loss over the last year. MIND Technology, Inc. owes $0.14 for every $1 it owns. Net profit fell 85% in the year to Jan 2026.
Compared with Technology companies in United States · latest annual results Jan 2026.
P/E ratio
LossMIND Technology, Inc. made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
0.93The share price is 0.93 times MIND Technology, Inc.'s book value per share, lower than 85% of Technology companies in United States.
Market cap
$37 MThe total market value of all of MIND Technology, Inc.'s shares at today's price (share price × number of shares), smaller than 85% of Technology companies in United States. PosiCap size class: Micro Cap.
Net worth (book value)
$40 MWhat MIND Technology, Inc. would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Jul 2026).
Book value per share
$4.44Net worth divided by the number of shares. The share price of $4.11 is 0.9 times this, which is the P/B above.
Return on equity (ROE)
-6.8%MIND Technology, Inc. lost 6.8% of its shareholders' money over the last year, lower than 64% of Technology companies in United States.
Owes vs Owns
0.14×MIND Technology, Inc. owes $0.14 for every $1 it owns (low), lower than 90% of Technology companies in United States.
Dividend yield
NoneMIND Technology, Inc. does not currently pay a dividend.
Revenue growth
-13%Revenue fell 13% in the year to Jan 2026, and grew 18% a year on average over 3 years.
Profit growth
-85%Net profit fell 85% in the year to Jan 2026.
Profit margin
1.8%MIND Technology, Inc. keeps $2 of every $100 of revenue as net profit.
Cash quality
3.4×Cash from MIND Technology, Inc.'s business was 3.4× its reported profit in the year to Jan 2026 — its profit turned into cash.
Cash vs debt
Net cashMIND Technology, Inc. held $18 M more cash than debt (net cash) at Jan 2026.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For MIND Technology, Inc.: $37 M ÷ $40 M (31 Jul 2026) = 0.9.
What is MIND Technology, Inc.'s return on equity?
MIND Technology, Inc. lost 6.8% of its shareholders' money over the last year, lower than 64% of Technology companies in United States.
How much does MIND Technology, Inc. owe compared with what it owns?
MIND Technology, Inc. owes $0.14 for every $1 it owns (low), lower than 90% of Technology companies in United States.
Does MIND Technology, Inc. pay a dividend?
No. MIND Technology, Inc. does not currently pay a dividend.
Is MIND Technology, Inc.'s revenue growing?
Revenue fell 13% in the year to Jan 2026, and grew 18% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.