MI70
MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries in the United States, China, Norway, Turkey, Singapore, Canada, and internationally. The company's primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with … Read more
MI70 (MI70) - Total Assets
Latest total assets as of October 2025: €47.34 Million EUR
Based on the latest financial reports, MI70 (MI70) holds total assets worth €47.34 Million EUR as of October 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MI70 - Total Assets Trend (2022–2025)
This chart illustrates how MI70’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MI70 - Asset Composition Analysis
Current Asset Composition (January 2025)
MI70's total assets of €47.34 Million consist of 87.5% current assets and 12.5% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 14.5% |
| Accounts Receivable | €11.82 Million | 32.2% |
| Inventory | €13.74 Million | 37.4% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €2.31 Million | 6.3% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how MI70's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MI70's current assets represent 87.5% of total assets in 2025, an increase from 69.6% in 2022.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2025, up from 12.2% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, a decrease from 14.0% in 2022.
- Asset Diversification: The largest asset category is inventory at 37.4% of total assets.
MI70 Competitors by Total Assets
Key competitors of MI70 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
China | CN¥6.56 Billion |
|
Oriental Times Media Corp
SHE:002175
|
China | CN¥983.41 Million |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
China | CN¥2.50 Billion |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
China | CN¥3.87 Billion |
|
Jiangsu Changfa Refrigeration Co Ltd
SHE:002413
|
China | CN¥5.09 Billion |
|
Wuhan Guide Infrared Co Ltd
SHE:002414
|
China | CN¥10.53 Billion |
|
Shenzhen Jieshun Science and Technology Industry Co Ltd
SHE:002609
|
China | CN¥3.99 Billion |
|
Beijing SDL Technology Co Ltd
SHE:002658
|
China | CN¥3.08 Billion |
MI70 - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MI70 generates 1.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, MI70 generates $ 13.82 in net profit.
MI70 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.28 | 3.12 | 3.12 |
| Quick Ratio | 4.56 | 1.40 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €35.97 Million | € 21.23 Million | € 21.23 Million |
MI70 - Advanced Valuation Insights
This section examines the relationship between MI70's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 1.83 |
| Asset Growth Rate (YoY) | 9.6% |
| Total Assets | €36.72 Million |
| Market Capitalization | $67.37 Million USD |
Valuation Analysis
Above Book Valuation: The market values MI70's assets above their book value (1.83 x), reflecting positive investor sentiment about the company's future prospects.
Positive Asset Growth: MI70's assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for MI70 (2022–2025)
The table below shows the annual total assets of MI70 from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-01-31 | €36.72 Million | +9.64% |
| 2024-01-31 | €33.49 Million | +1.93% |
| 2023-01-31 | €32.86 Million | -21.80% |
| 2022-01-31 | €42.02 Million | -- |