Mind Other Stockholder Equity vs Cash Analysis
MIND Stock | USD 4.30 0.10 2.27% |
Mind Technology financial indicator trend analysis is infinitely more than just investigating Mind Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mind Technology is a good investment. Please check the relationship between Mind Technology Other Stockholder Equity and its Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
Other Stockholder Equity vs Cash
Other Stockholder Equity vs Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mind Technology Other Stockholder Equity account and Cash. At this time, the significance of the direction appears to have weak relationship.
The correlation between Mind Technology's Other Stockholder Equity and Cash is 0.34. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Cash in the same time period over historical financial statements of Mind Technology, assuming nothing else is changed. The correlation between historical values of Mind Technology's Other Stockholder Equity and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Mind Technology are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Other Stockholder Equity i.e., Mind Technology's Other Stockholder Equity and Cash go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Stockholder Equity
Cash
Cash refers to the most liquid asset of Mind Technology, which is listed under current asset account on Mind Technology balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Mind Technology customers. The amounts must be unrestricted with restricted cash listed in a different Mind Technology account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.Most indicators from Mind Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mind Technology current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.At present, Mind Technology's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 2.77, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 20.6M | 20.6M | 14.3M | 20.4M | Cost Of Revenue | 17.1M | 22.1M | 21.7M | 29.4M |
Mind Technology fundamental ratios Correlations
Click cells to compare fundamentals
Mind Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mind Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 58.2M | 39.8M | 42.0M | 32.9M | 33.5M | 31.8M | |
Other Current Liab | 3.7M | 4.9M | 7.6M | 3.5M | 7.7M | 8.1M | |
Total Current Liabilities | 8.4M | 7.8M | 10.7M | 8.7M | 10.3M | 11.8M | |
Total Stockholder Equity | 47.7M | 30.4M | 30.3M | 23.1M | 22.6M | 21.5M | |
Property Plant And Equipment Net | 16.1M | 6.2M | 6.1M | 5.7M | 2.1M | 2.0M | |
Net Debt | (790K) | (2.3M) | (3.3M) | 971K | (4.0M) | (3.8M) | |
Retained Earnings | (77.3M) | (99.9M) | (117.9M) | (127.6M) | (128.3M) | (121.9M) | |
Accounts Payable | 2.7M | 1.7M | 2.0M | 4.1M | 1.6M | 1.5M | |
Cash | 3.1M | 4.6M | 5.1M | 778K | 5.3M | 8.0M | |
Non Current Assets Total | 27.6M | 13.0M | 12.8M | 10.6M | 5.2M | 4.9M | |
Non Currrent Assets Other | 832K | 1.5M | 650K | 4.3M | 3.9M | 4.1M | |
Cash And Short Term Investments | 3.1M | 4.6M | 5.1M | 778K | 5.3M | 6.4M | |
Net Receivables | 11.9M | 4.7M | 8.1M | 4.0M | 6.6M | 6.2M | |
Common Stock Shares Outstanding | 1.2M | 1.3M | 1.4M | 1.4M | 1.4M | 1.1M | |
Liabilities And Stockholders Equity | 58.2M | 39.8M | 42.0M | 32.9M | 33.5M | 31.8M | |
Non Current Liabilities Total | 2.1M | 1.5M | 1.1M | 1.1M | 573K | 544.4K | |
Inventory | 13.3M | 11.5M | 14.0M | 15.3M | 13.4M | 7.7M | |
Other Stockholder Equity | 107.1M | 111.4M | 112.1M | 112.7M | 113.1M | 85.8M | |
Total Liab | 10.6M | 9.3M | 11.8M | 9.8M | 10.9M | 18.5M | |
Total Current Assets | 30.6M | 26.8M | 29.2M | 22.2M | 28.3M | 34.3M | |
Short Term Debt | 1.3M | 1.0M | 869K | 903K | 751K | 713.5K | |
Other Current Assets | 2.2M | 1.7M | 1.8M | 2.1M | 3.1M | 2.4M | |
Property Plant And Equipment Gross | 16.1M | 6.2M | 6.1M | 5.7M | 11.5M | 10.9M | |
Accumulated Other Comprehensive Income | (4.4M) | (4.4M) | (1.9M) | 34K | 39.1K | 41.1K | |
Other Assets | 30.1M | 15.9M | 3.1M | 650K | 747.5K | 710.1K | |
Property Plant Equipment | 13.8M | 4.8M | 6.1M | 5.7M | 5.1M | 4.9M | |
Current Deferred Revenue | 765K | 208K | 232K | 164K | 203K | 192.9K | |
Intangible Assets | 8.2M | 6.8M | 6.0M | 4.9M | 2.9M | 2.7M | |
Other Liab | 1.2M | 198K | 92K | 298K | 268.2K | 254.8K | |
Retained Earnings Total Equity | (42.4M) | (64.0M) | (77.3M) | (99.9M) | (89.9M) | (85.4M) | |
Preferred Stock Total Equity | 11.5M | 18.3M | 22.1M | 23.1M | 26.6M | 27.9M | |
Net Tangible Assets | 14.9M | 562K | (13.5M) | (19.7M) | (17.7M) | (16.8M) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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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 (3.48) | Revenue Per Share 25.967 | Quarterly Revenue Growth 0.508 | 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.