Mind Technology Debt-to-Equity Ratio Growth & History (MIND)
Mind Technology's debt-to-equity ratio was 0.03 for fiscal 2026.
View full Mind Technology company overviewMind Technology annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-01-31 | 0.03 | −0.02 | −45.41% |
| 2025 | 2025-01-31 | 0.05 | −0.01 | −17.41% |
| 2024 | 2024-01-31 | 0.06 | −0.02 | −22.93% |
| 2023 | 2023-01-31 | 0.08 | 0.02 | +25.13% |
| 2022 | 2022-01-31 | 0.06 | 0.01 | +25.38% |
| 2021 | 2021-01-31 | 0.05 | 0.00 | +0.20% |
| 2020 | 2020-01-31 | 0.05 | 0.05 | — |
| 2019 | 2019-01-31 | 0.00 | 0.00 | — |
| 2018 | 2018-01-31 | 0.00 | −0.08 | — |
| 2017 | 2017-01-31 | 0.08 | −0.12 | −59.63% |
| 2016 | 2016-01-31 | 0.20 | 0.02 | +8.39% |
| 2015 | 2015-01-31 | 0.18 | 0.05 | +38.15% |
| 2014 | 2014-01-31 | 0.13 | 0.11 | +423.93% |
| 2013 | 2013-01-31 | 0.02 | −0.07 | −72.76% |
| 2012 | 2012-01-31 | 0.09 | −0.19 | −67.41% |
| 2011 | 2011-01-31 | 0.28 | — | — |
Mind Technology quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-04-30 | 0.02 | −0.02 | −52.20% |
| Q4 2026 | 2026-01-31 | 0.03 | −0.02 | −45.41% |
| Q3 2026 | 2025-10-31 | 0.03 | −0.03 | −47.60% |
| Q2 2026 | 2025-07-31 | 0.03 | −0.04 | −58.78% |
| Q1 2026 | 2025-04-30 | 0.05 | −0.03 | −37.17% |
| Q4 2025 | 2025-01-31 | 0.05 | −0.01 | −17.41% |
| Q3 2025 | 2024-10-31 | 0.06 | −0.01 | −15.39% |
| Q2 2025 | 2024-07-31 | 0.07 | −0.00 | −6.58% |
| Q1 2025 | 2024-04-30 | 0.07 | −0.00 | −5.33% |
| Q4 2024 | 2024-01-31 | 0.06 | −0.02 | −22.93% |
| Q3 2024 | 2023-10-31 | 0.07 | −0.01 | −11.88% |
| Q2 2024 | 2023-07-31 | 0.08 | −0.00 | −2.91% |
| Q1 2024 | 2023-04-30 | 0.08 | 0.02 | +36.57% |
| Q4 2023 | 2023-01-31 | 0.08 | 0.02 | +25.13% |
| Q3 2023 | 2022-10-31 | 0.08 | 0.02 | +41.75% |
| Q2 2023 | 2022-07-31 | 0.08 | 0.02 | +35.86% |
| Q1 2023 | 2022-04-30 | 0.06 | 0.01 | +31.75% |
| Q4 2022 | 2022-01-31 | 0.06 | 0.01 | +25.38% |
| Q3 2022 | 2021-10-31 | 0.06 | 0.01 | +30.09% |
| Q2 2022 | 2021-07-31 | 0.06 | 0.01 | +18.19% |
| Q1 2022 | 2021-04-30 | 0.04 | −0.01 | −11.25% |
| Q4 2021 | 2021-01-31 | 0.05 | 0.00 | +0.20% |
| Q3 2021 | 2020-10-31 | 0.04 | −0.00 | −10.18% |
| Q2 2021 | 2020-07-31 | 0.05 | −0.00 | −7.75% |
| Q1 2021 | 2020-04-30 | 0.05 | −0.01 | −13.25% |
| Q4 2020 | 2020-01-31 | 0.05 | 0.05 | — |
| Q3 2020 | 2019-10-31 | 0.05 | 0.05 | — |
| Q2 2020 | 2019-07-31 | 0.05 | 0.05 | — |
| Q1 2020 | 2019-04-30 | 0.06 | 0.06 | — |
| Q4 2019 | 2019-01-31 | 0.00 | 0.00 | — |
| Q3 2019 | 2018-10-31 | 0.00 | 0.00 | — |
| Q2 2019 | 2018-07-31 | 0.00 | 0.00 | — |
| Q1 2019 | 2018-04-30 | 0.00 | 0.00 | — |
| Q4 2018 | 2018-01-31 | 0.00 | −0.08 | — |
| Q3 2018 | 2017-10-31 | 0.00 | −0.10 | — |
| Q2 2018 | 2017-07-31 | 0.00 | −0.10 | — |
| Q1 2018 | 2017-04-30 | 0.00 | −0.18 | — |
| Q4 2017 | 2017-01-31 | 0.08 | −0.12 | −59.63% |
| Q3 2017 | 2016-10-31 | 0.10 | 0.00 | +2.95% |
| Q2 2017 | 2016-07-31 | 0.10 | −0.01 | −6.53% |
| Q1 2017 | 2016-04-30 | 0.18 | 0.04 | +27.04% |
| Q4 2016 | 2016-01-31 | 0.20 | 0.02 | +8.39% |
| Q3 2016 | 2015-10-31 | 0.09 | −0.12 | −56.60% |
| Q2 2016 | 2015-07-31 | 0.10 | −0.04 | −30.14% |
| Q1 2016 | 2015-04-30 | 0.14 | 0.05 | +57.78% |
| Q4 2015 | 2015-01-31 | 0.18 | 0.05 | +38.15% |
| Q3 2015 | 2014-10-31 | 0.21 | 0.20 | +1043.06% |
| Q2 2015 | 2014-07-31 | 0.15 | 0.15 | +9452.72% |
| Q1 2015 | 2014-04-30 | 0.09 | 0.07 | +569.97% |
| Q4 2014 | 2014-01-31 | 0.13 | 0.11 | +423.93% |
| Q3 2014 | 2013-10-31 | 0.02 | −0.06 | −76.33% |
| Q2 2014 | 2013-07-31 | 0.00 | −0.07 | −97.92% |
| Q1 2014 | 2013-04-30 | 0.01 | −0.10 | −88.90% |
| Q4 2013 | 2013-01-31 | 0.02 | −0.07 | −72.76% |
| Q3 2013 | 2012-10-31 | 0.08 | 0.04 | +80.89% |
| Q2 2013 | 2012-07-31 | 0.07 | 0.05 | +172.24% |
| Q1 2013 | 2012-04-30 | 0.12 | — | — |
| Q4 2012 | 2012-01-31 | 0.09 | −0.19 | −67.41% |
| Q3 2012 | 2011-10-31 | 0.04 | — | — |
| Q2 2012 | 2011-07-31 | 0.03 | — | — |
| Q4 2011 | 2011-01-31 | 0.28 | — | — |
Mind Technology debt-to-equity ratio trends
Over the last five fiscal years, Mind Technology's debt-to-equity ratio decreased from 0.05 to 0.03, a change of −0.02. The latest reported quarter, Q1 2027, shows 0.02.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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