Mind Net Working Capital from 2010 to 2024

MIND Stock  USD 5.84  0.04  0.69%   
Mind Technology's Net Working Capital is decreasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 16.7 M. During the period from 2010 to 2024 Mind Technology Net Working Capital annual values regression line had geometric mean of  22,282,491 and mean square error of 8.2 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
18.1 M
Current Value
16.7 M
Quarterly Volatility
4.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Mind Technology financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Mind main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 M, Interest Expense of 443.7 K or Total Revenue of 48.5 M, as well as many exotic indicators such as Price To Sales Ratio of 0.22, Dividend Yield of 0.12 or PTB Ratio of 0.35. Mind financial statements analysis is a perfect complement when working with Mind Technology Valuation or Volatility modules.
  
This module can also supplement various Mind Technology Technical models . Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.

Latest Mind Technology's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Mind Technology over the last few years. It is Mind Technology's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Mind Technology's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Mind Net Working Capital Regression Statistics

Arithmetic Mean22,737,876
Geometric Mean22,282,491
Coefficient Of Variation19.50
Mean Deviation3,794,282
Median25,523,000
Standard Deviation4,434,160
Sample Variance19.7T
Range15.3M
R-Value(0.78)
Mean Square Error8.2T
R-Squared0.61
Significance0.0006
Slope(776,771)
Total Sum of Squares275.3T

Mind Net Working Capital History

202416.7 M
202318.1 M
202213.6 M
202118.5 M
202019 M
201922.2 M
201828.9 M

About Mind Technology Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Mind Technology income statement, its balance sheet, and the statement of cash flows. Mind Technology investors use historical funamental indicators, such as Mind Technology's Net Working Capital, to determine how well the company is positioned to perform in the future. Although Mind Technology investors may use each financial statement separately, they are all related. The changes in Mind Technology's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mind Technology's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Mind Technology Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Mind Technology. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital18.1 M16.7 M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mind Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mind Technology's short interest history, or implied volatility extrapolated from Mind Technology options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Mind Technology is a strong investment it is important to analyze Mind Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Mind Technology's future performance. For an informed investment choice regarding Mind Stock, refer to the following important reports:
Check out the analysis of Mind Technology Correlation against competitors.
For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Mind Stock analysis

When running Mind Technology's price analysis, check to measure Mind Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mind Technology is operating at the current time. Most of Mind Technology's value examination focuses on studying past and present price action to predict the probability of Mind Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mind Technology's price. Additionally, you may evaluate how the addition of Mind Technology to your portfolios can decrease your overall portfolio volatility.
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Fundamental Analysis
View fundamental data based on most recent published financial statements
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Mind Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mind Technology. If investors know Mind will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mind Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.35)
Revenue Per Share
25.967
Quarterly Revenue Growth
0.078
Return On Assets
0.0098
Return On Equity
(0.05)
The market value of Mind Technology is measured differently than its book value, which is the value of Mind that is recorded on the company's balance sheet. Investors also form their own opinion of Mind Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mind Technology's market value can be influenced by many factors that don't directly affect Mind Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Mind Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.