Mind Treasury Stock vs Current Deferred Revenue Analysis
MIND Stock | USD 5.84 0.04 0.69% |
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 Treasury Stock and its Current Deferred Revenue 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.
Treasury Stock vs Current Deferred Revenue
Treasury Stock vs Current Deferred Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mind Technology Treasury Stock account and Current Deferred Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Mind Technology's Treasury Stock and Current Deferred Revenue is -0.21. Overlapping area represents the amount of variation of Treasury Stock that can explain the historical movement of Current Deferred Revenue 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 Treasury Stock and Current Deferred Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Treasury Stock of Mind Technology are associated (or correlated) with its Current Deferred Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Current Deferred Revenue has no effect on the direction of Treasury Stock i.e., Mind Technology's Treasury Stock and Current Deferred Revenue go up and down completely randomly.
Correlation Coefficient | -0.21 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Treasury Stock
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.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) |
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.
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Try AI Portfolio ArchitectCheck 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.
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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 (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.