Mind Technology Inc (MIND) — Defensive Interval Ratio

Latest as of October 2025: 568 days

Mind Technology Inc (MIND) has a Defensive Interval Ratio of 568 days as of October 2025. Defensive assets of $10.61 Million (cash $-, short-term investments $-, receivables $10.61 Million) cover 568 days of daily cash needs of $18.67K/day. Check MIND tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

568 days
Days of operational coverage

Defensive Assets

$10.61 Million
Cash + ST Investments + Receivables

Daily Cash Need

$18.67K
Current Liabilities ÷ 365

Current Liabilities

$6.82 Million
USD

Mind Technology Inc Defensive Interval Ratio (1995–2025)

This chart shows how Mind Technology Inc's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of October 2025, the ratio stands at 568 days, meaning defensive assets of $10.61 Million can fund 568 days of operations without new revenue. Also explore Mind Technology Inc (MIND) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mind Technology Inc (1995–2025)

The table below presents the year-by-year Defensive Interval Ratio for Mind Technology Inc from 1995 to 2025, covering 31 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see MIND market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 499 days $11.82 Million $23.68K/day $- $- ▲ +266 days
2024 233 days $6.57 Million $28.16K/day $- $- ▲ +100 days
2023 133 days $3.25 Million $24.47K/day $- $- ▼ -145 days
2022 277 days $8.13 Million $29.31K/day $- $- ▲ +56 days
2021 221 days $4.75 Million $21.47K/day $- $- ▼ -65 days
2020 286 days $6.62 Million $23.15K/day $- $- ▼ -308 days
2019 594 days $12.08 Million $20.35K/day $- $- ▲ +73 days
2018 521 days $10.74 Million $20.61K/day $- $244.00K ▲ +75 days
2017 446 days $16.44 Million $36.89K/day $- $609.00K ▼ -198 days
2016 644 days $21.96 Million $34.13K/day $- $0.00 ▼ -361 days
2015 1004 days $27.52 Million $27.40K/day $- $184.00K ▲ +106 days
2014 898 days $30.60 Million $34.08K/day $- $81.00K ▼ -104 days
2013 1002 days $26.03 Million $25.97K/day $- $801.00K ▲ +190 days
2012 812 days $53.35 Million $65.70K/day $- $15.29 Million ▲ +303 days
2011 509 days $21.74 Million $42.74K/day $- $- ▼ -291 days
2010 800 days $25.09 Million $31.37K/day $- $6.13 Million ▲ +405 days
2009 395 days $19.31 Million $48.94K/day $- $5.06 Million ▲ +206 days
2008 189 days $12.82 Million $67.79K/day $- $- ▼ -34 days
2007 223 days $13.61 Million $61.08K/day $- $- ▼ -359 days
2006 582 days $11.43 Million $19.64K/day $- $2.55 Million ▲ +232 days
2005 350 days $7.21 Million $20.60K/day $- $- ▲ +37 days
2004 313 days $6.45 Million $20.59K/day $- $- ▲ +137 days
2003 176 days $2.92 Million $16.60K/day $- $- ▲ +47 days
2002 129 days $4.28 Million $33.19K/day $- $- ▼ -290 days
2001 419 days $15.08 Million $35.97K/day $- $7.08 Million ▼ -539 days
2000 958 days $19.50 Million $20.36K/day $- $13.81 Million ▼ -2875 days
1999 3833 days $25.20 Million $6.58K/day $- $17.30 Million ▲ +3475 days
1998 358 days $14.70 Million $41.10K/day $- $- ▲ +57 days
1997 301 days $4.70 Million $15.62K/day $- $- ▼ -37 days
1996 338 days $2.50 Million $7.40K/day $- $- ▼ -113 days
1995 451 days $2.10 Million $4.66K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)