MIND CTI Ltd (MNDO) - Total Assets
Based on the latest financial reports, MIND CTI Ltd (MNDO) holds total assets worth $29.37 Million USD as of September 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. See MNDO book value for net asset value and shareholders' equity analysis.
MIND CTI Ltd - Total Assets Trend (1999–2024)
This chart illustrates how MIND CTI Ltd's total assets have evolved over time, based on quarterly financial data.
MIND CTI Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
MIND CTI Ltd's total assets of $29.37 Million consist of 61.6% current assets and 38.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 14.5% |
| Accounts Receivable | $2.76 Million | 9.0% |
| Inventory | $-258.00K | -0.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $135.00K | 0.4% |
| Goodwill | $7.73 Million | 25.2% |
Asset Composition Trend (1999–2024)
This chart illustrates how MIND CTI Ltd'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. For live market cap, price, and company overview, see market value of MIND CTI Ltd.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MIND CTI Ltd's current assets represent 61.6% of total assets in 2024, a decrease from 83.6% in 1999.
- Cash Position: Cash and equivalents constituted 14.5% of total assets in 2024, down from 35.3% in 1999.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 25.0% of total assets, an increase from 0.0% in 1999.
- Asset Diversification: The largest asset category is goodwill at 25.2% of total assets.
MIND CTI Ltd Competitors by Total Assets
Key competitors of MIND CTI Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Baosight Software Co Ltd A
SHG:600845
|
China | CN¥23.04 Billion |
|
Workiva Inc
NYSE:WK
|
USA | $1.49 Billion |
|
Dave Inc
NASDAQ:DAVE
|
USA | $487.40 Million |
|
Sinosoft Co Ltd
SHG:603927
|
China | CN¥7.14 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
China | CN¥3.14 Billion |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
China | CN¥913.67 Million |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
|
Changzhou Youon Pubilic Bicycle System Co Ltd
SHG:603776
|
China | CN¥4.29 Billion |
MIND CTI Ltd - 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 | 3.53 | 4.66 | 3.49 |
| Quick Ratio | 3.53 | 4.66 | 3.49 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.98 Million | $14.42 Million | $14.05 Million |
MIND CTI Ltd - Advanced Valuation Insights
This section examines the relationship between MIND CTI Ltd'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 | 1.03 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | -2.9% |
| Total Assets | $30.70 Million |
| Market Capitalization | $21.59 Million USD |
Valuation Analysis
Below Book Valuation: The market values MIND CTI Ltd's assets below their book value (0.70x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: MIND CTI Ltd's assets decreased by 2.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for MIND CTI Ltd (1999–2024)
The table below shows the annual total assets of MIND CTI Ltd from 1999 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $30.70 Million | -2.92% |
| 2023-12-31 | $31.62 Million | -0.37% |
| 2022-12-31 | $31.74 Million | -4.19% |
| 2021-12-31 | $33.13 Million | +2.20% |
| 2020-12-31 | $32.42 Million | +4.25% |
| 2019-12-31 | $31.09 Million | +19.70% |
| 2018-12-31 | $25.98 Million | -2.57% |
| 2017-12-31 | $26.66 Million | -8.06% |
| 2016-12-31 | $29.00 Million | -4.05% |
| 2015-12-31 | $30.23 Million | -0.40% |
| 2014-12-31 | $30.35 Million | +2.44% |
| 2013-12-31 | $29.62 Million | +3.11% |
| 2012-12-31 | $28.73 Million | -4.30% |
| 2011-12-31 | $30.02 Million | -1.44% |
| 2010-12-31 | $30.46 Million | +5.22% |
| 2009-12-31 | $28.95 Million | +18.83% |
| 2008-12-31 | $24.36 Million | -35.42% |
| 2007-12-31 | $37.73 Million | -29.87% |
| 2006-12-31 | $53.79 Million | -2.90% |
| 2005-12-31 | $55.40 Million | -0.58% |
| 2004-12-31 | $55.72 Million | +11.48% |
| 2003-12-31 | $49.98 Million | +4.19% |
| 2002-12-31 | $47.97 Million | +2.64% |
| 2001-12-31 | $46.73 Million | -11.74% |
| 2000-12-31 | $52.95 Million | +606.63% |
| 1999-12-31 | $7.49 Million | -- |
About MIND CTI Ltd
MIND C.T.I. Ltd., together with its subsidiaries, develops, manufactures, markets, sells, and implements billing and customer care software solutions in the Americas, Europe, Israel, the Asia Pacific, and Africa. It operates in two segments, Billing and Related Services, and Messaging. The company offers billing and customer care solutions that support various services, such as voice, data, and c… Read more