Mind Technology Inc (MIND) — Working Capital to Net Assets Ratio
Mind Technology Inc (MIND) has a Working Capital to Net Assets ratio of 90.0% as of October 2025. Working capital of $35.97 Million (current assets of $42.78 Million minus current liabilities of $6.82 Million) is measured against net assets of $39.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MIND cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mind Technology Inc Working Capital to Net Assets (1995–2025)
This chart shows how Mind Technology Inc's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of October 2025, the ratio stands at 90.0%, reflecting working capital of $35.97 Million against net assets of $39.94 Million USD. For the complete balance sheet picture, see Mind Technology Inc balance sheet assets.
Annual Working Capital to Net Assets for Mind Technology Inc (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mind Technology Inc from 1995 to 2025, covering 31 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check MIND financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 85.9% | $23.47 Million | $27.33 Million | $32.12 Million | $8.64 Million | ▲ +6.1 pp |
| 2024 | 79.8% | $18.06 Million | $22.64 Million | $28.34 Million | $10.28 Million | ▲ +22.1 pp |
| 2023 | 57.7% | $13.30 Million | $23.05 Million | $22.23 Million | $8.93 Million | ▼ -3.6 pp |
| 2022 | 61.3% | $18.55 Million | $30.26 Million | $29.25 Million | $10.70 Million | ▼ -1.0 pp |
| 2021 | 62.3% | $18.95 Million | $30.42 Million | $26.79 Million | $7.84 Million | ▲ +15.8 pp |
| 2020 | 46.5% | $22.18 Million | $47.65 Million | $30.63 Million | $8.45 Million | ▼ -4.5 pp |
| 2019 | 51.0% | $28.91 Million | $56.68 Million | $36.34 Million | $7.43 Million | ▲ +12.3 pp |
| 2018 | 38.8% | $25.52 Million | $65.85 Million | $33.05 Million | $7.52 Million | ▲ +12.1 pp |
| 2017 | 26.7% | $21.59 Million | $80.93 Million | $35.06 Million | $13.46 Million | ▼ -2.3 pp |
| 2016 | 29.0% | $30.43 Million | $105.04 Million | $42.88 Million | $12.46 Million | ▼ -1.2 pp |
| 2015 | 30.1% | $44.15 Million | $146.47 Million | $54.15 Million | $10.00 Million | ▲ +1.0 pp |
| 2014 | 29.2% | $49.72 Million | $170.45 Million | $62.16 Million | $12.44 Million | ▲ +1.7 pp |
| 2013 | 27.5% | $48.40 Million | $176.31 Million | $57.88 Million | $9.48 Million | ▲ +0.9 pp |
| 2012 | 26.6% | $41.30 Million | $155.43 Million | $65.28 Million | $23.98 Million | ▼ -4.2 pp |
| 2011 | 30.8% | $29.16 Million | $94.72 Million | $44.75 Million | $15.60 Million | ▲ +3.4 pp |
| 2010 | 27.3% | $23.22 Million | $84.95 Million | $34.67 Million | $11.45 Million | ▲ +12.8 pp |
| 2009 | 14.5% | $11.20 Million | $77.12 Million | $29.06 Million | $17.86 Million | ▼ -4.0 pp |
| 2008 | 18.5% | $13.99 Million | $75.77 Million | $38.74 Million | $24.74 Million | ▼ -4.5 pp |
| 2007 | 23.0% | $13.69 Million | $59.51 Million | $35.99 Million | $22.30 Million | ▼ -24.6 pp |
| 2006 | 47.6% | $22.57 Million | $47.45 Million | $29.74 Million | $7.17 Million | ▲ +6.4 pp |
| 2005 | 41.1% | $13.93 Million | $33.88 Million | $21.45 Million | $7.52 Million | ▲ +17.2 pp |
| 2004 | 23.9% | $7.36 Million | $30.80 Million | $14.88 Million | $7.51 Million | ▲ +14.1 pp |
| 2003 | 9.8% | $3.29 Million | $33.66 Million | $9.35 Million | $6.06 Million | ▲ +7.9 pp |
| 2002 | 1.9% | $820.00K | $42.60 Million | $12.93 Million | $12.11 Million | ▼ -14.4 pp |
| 2001 | 16.3% | $8.80 Million | $53.99 Million | $21.93 Million | $13.13 Million | ▼ -19.2 pp |
| 2000 | 35.5% | $21.40 Million | $60.27 Million | $28.83 Million | $7.43 Million | ▼ -6.3 pp |
| 1999 | 41.8% | $27.10 Million | $64.80 Million | $29.50 Million | $2.40 Million | ▼ -3.2 pp |
| 1998 | 45.0% | $33.40 Million | $74.20 Million | $48.40 Million | $15.00 Million | ▲ +45.7 pp |
| 1997 | -0.7% | $-100.00K | $15.20 Million | $5.60 Million | $5.70 Million | ▼ -11.9 pp |
| 1996 | 11.3% | $900.00K | $8.00 Million | $3.60 Million | $2.70 Million | ▼ -11.3 pp |
| 1995 | 22.6% | $1.40 Million | $6.20 Million | $3.10 Million | $1.70 Million | — |