MIND Historical Financial Ratios

MNDO Stock

USD 1.98 0.02 1.02%

MIND CTI is lately reporting on over 93 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Days Sales Outstanding of 71.8 will help investors to properly organize and evaluate MIND CTI financial condition quickly.

Quick Ratio Current Ratio

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

About MIND Financial Ratios Analysis

MIND CTIFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate MIND CTI investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on MIND financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across MIND CTI history.

MIND CTI Financial Ratios Chart

At this time, MIND CTI's Payables Turnover is very stable compared to the past year. As of the 26th of November 2024, Research And Ddevelopement To Revenue is likely to grow to 0.26, while Price To Sales Ratio is likely to drop 1.74.

Price To Sales Ratio Ptb Ratio Days Sales Outstanding Average Payables Research And Ddevelopement To Revenue Revenue Per Share

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Price To Sales Ratio

Price to Sales Ratio is figured by comparing MIND CTI stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on MIND CTI sales, a figure that is much harder to manipulate than other MIND CTI multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Average Payables

The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.

Research And Ddevelopement To Revenue

The ratio of a company's research and development expenses to its total revenue, indicating how much of the revenue is invested back into developing new products or services.

Revenue Per Share

The amount of revenue generated by a company per share of stock, calculated by dividing total revenue by the average number of shares outstanding.

Most ratios from MIND CTI's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into MIND CTI current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MIND CTI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.At this time, MIND CTI's Payables Turnover is very stable compared to the past year. As of the 26th of November 2024, Research And Ddevelopement To Revenue is likely to grow to 0.26, while Price To Sales Ratio is likely to drop 1.74.

	2020	2021	2024 (projected)
Dividend Yield	0.0926	0.0835	0.1
Price To Sales Ratio	2.21	2.36	1.74

Dividend Yield Price To Sales Ratio

MIND CTI fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Average Payables	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Average Inventory	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding
Price To Sales Ratio		-0.78	1.0	0.84	-0.88	-0.72	-0.62	-0.18	0.87	1.0	0.99	-0.65	0.42	-0.48	-0.53	0.98	-0.2	0.14	0.93	-0.91	1.0	-0.22	-0.57	0.98	1.0	0.98
Dividend Yield	-0.78		-0.79	-0.65	0.62	0.68	0.38	-0.02	-0.51	-0.79	-0.8	0.41	-0.46	0.12	0.31	-0.69	0.06	-0.02	-0.6	0.71	-0.78	0.34	0.68	-0.69	-0.77	-0.74
Ptb Ratio	1.0	-0.79		0.87	-0.84	-0.72	-0.62	-0.17	0.86	1.0	1.0	-0.66	0.39	-0.45	-0.56	0.98	-0.23	0.07	0.93	-0.91	1.0	-0.21	-0.6	0.98	1.0	0.99
Days Sales Outstanding	0.84	-0.65	0.87		-0.61	-0.7	-0.65	-0.22	0.69	0.87	0.88	-0.68	0.27	-0.22	-0.53	0.83	-0.4	-0.21	0.75	-0.85	0.85	0.09	-0.64	0.82	0.85	0.89
Book Value Per Share	-0.88	0.62	-0.84	-0.61		0.49	0.38	0.15	-0.8	-0.84	-0.83	0.4	-0.57	0.49	0.29	-0.86	0.11	-0.53	-0.82	0.87	-0.86	0.22	0.33	-0.85	-0.86	-0.81
Free Cash Flow Yield	-0.72	0.68	-0.72	-0.7	0.49		0.88	0.21	-0.6	-0.72	-0.75	0.88	-0.32	0.29	0.27	-0.66	-0.04	0.16	-0.61	0.62	-0.76	0.02	0.62	-0.69	-0.72	-0.66
Operating Cash Flow Per Share	-0.62	0.38	-0.62	-0.65	0.38	0.88		0.3	-0.58	-0.62	-0.65	1.0	-0.01	0.36	0.43	-0.61	0.01	0.3	-0.59	0.52	-0.66	-0.15	0.42	-0.63	-0.64	-0.59
Average Payables	-0.18	-0.02	-0.17	-0.22	0.15	0.21	0.3		-0.33	-0.17	-0.17	0.31	0.19	0.67	0.38	-0.23	-0.39	-0.04	-0.26	0.01	-0.18	-0.01	-0.21	-0.22	-0.17	-0.13
Capex To Depreciation	0.87	-0.51	0.86	0.69	-0.8	-0.6	-0.58	-0.33		0.86	0.84	-0.64	0.3	-0.76	-0.54	0.92	-0.24	0.28	0.97	-0.71	0.88	-0.34	-0.27	0.94	0.88	0.85
Pb Ratio	1.0	-0.79	1.0	0.87	-0.84	-0.72	-0.62	-0.17	0.86		1.0	-0.66	0.39	-0.45	-0.56	0.98	-0.23	0.07	0.93	-0.91	1.0	-0.21	-0.6	0.98	1.0	0.99
Ev To Sales	0.99	-0.8	1.0	0.88	-0.83	-0.75	-0.65	-0.17	0.84	1.0		-0.68	0.38	-0.42	-0.56	0.97	-0.22	0.04	0.91	-0.91	0.99	-0.17	-0.61	0.97	0.99	0.98
Free Cash Flow Per Share	-0.65	0.41	-0.66	-0.68	0.4	0.88	1.0	0.31	-0.64	-0.66	-0.68		0.0	0.4	0.48	-0.66	0.04	0.3	-0.65	0.54	-0.7	-0.1	0.42	-0.68	-0.67	-0.64
Roic	0.42	-0.46	0.39	0.27	-0.57	-0.32	-0.01	0.19	0.3	0.39	0.38	0.0		-0.05	0.5	0.35	0.02	0.56	0.27	-0.55	0.41	-0.16	-0.58	0.34	0.39	0.33
Inventory Turnover	-0.48	0.12	-0.45	-0.22	0.49	0.29	0.36	0.67	-0.76	-0.45	-0.42	0.4	-0.05		0.45	-0.57	-0.19	-0.35	-0.67	0.21	-0.47	0.37	-0.16	-0.58	-0.48	-0.41
Net Income Per Share	-0.53	0.31	-0.56	-0.53	0.29	0.27	0.43	0.38	-0.54	-0.56	-0.56	0.48	0.5	0.45		-0.58	0.2	0.33	-0.62	0.31	-0.53	0.16	-0.06	-0.58	-0.55	-0.6
Days Of Inventory On Hand	0.98	-0.69	0.98	0.83	-0.86	-0.66	-0.61	-0.23	0.92	0.98	0.97	-0.66	0.35	-0.57	-0.58		-0.25	0.14	0.98	-0.88	0.98	-0.23	-0.51	1.0	0.99	0.98
Payables Turnover	-0.2	0.06	-0.23	-0.4	0.11	-0.04	0.01	-0.39	-0.24	-0.23	-0.22	0.04	0.02	-0.19	0.2	-0.25		0.18	-0.28	0.36	-0.21	-0.2	0.14	-0.26	-0.23	-0.34
Average Inventory	0.14	-0.02	0.07	-0.21	-0.53	0.16	0.3	-0.04	0.28	0.07	0.04	0.3	0.56	-0.35	0.33	0.14	0.18		0.18	-0.15	0.11	-0.31	0.23	0.13	0.1	0.02
Capex To Revenue	0.93	-0.6	0.93	0.75	-0.82	-0.61	-0.59	-0.26	0.97	0.93	0.91	-0.65	0.27	-0.67	-0.62	0.98	-0.28	0.18		-0.79	0.94	-0.3	-0.38	0.99	0.94	0.94
Cash Per Share	-0.91	0.71	-0.91	-0.85	0.87	0.62	0.52	0.01	-0.71	-0.91	-0.91	0.54	-0.55	0.21	0.31	-0.88	0.36	-0.15	-0.79		-0.91	-0.01	0.65	-0.86	-0.91	-0.91
Pocfratio	1.0	-0.78	1.0	0.85	-0.86	-0.76	-0.66	-0.18	0.88	1.0	0.99	-0.7	0.41	-0.47	-0.53	0.98	-0.21	0.11	0.94	-0.91		-0.2	-0.59	0.98	1.0	0.98
Interest Coverage	-0.22	0.34	-0.21	0.09	0.22	0.02	-0.15	-0.01	-0.34	-0.21	-0.17	-0.1	-0.16	0.37	0.16	-0.23	-0.2	-0.31	-0.3	-0.01	-0.2		-0.01	-0.26	-0.21	-0.18
Payout Ratio	-0.57	0.68	-0.6	-0.64	0.33	0.62	0.42	-0.21	-0.27	-0.6	-0.61	0.42	-0.58	-0.16	-0.06	-0.51	0.14	0.23	-0.38	0.65	-0.59	-0.01		-0.49	-0.58	-0.58
Capex To Operating Cash Flow	0.98	-0.69	0.98	0.82	-0.85	-0.69	-0.63	-0.22	0.94	0.98	0.97	-0.68	0.34	-0.58	-0.58	1.0	-0.26	0.13	0.99	-0.86	0.98	-0.26	-0.49		0.98	0.97
Pfcf Ratio	1.0	-0.77	1.0	0.85	-0.86	-0.72	-0.64	-0.17	0.88	1.0	0.99	-0.67	0.39	-0.48	-0.55	0.99	-0.23	0.1	0.94	-0.91	1.0	-0.21	-0.58	0.98		0.99
Days Payables Outstanding	0.98	-0.74	0.99	0.89	-0.81	-0.66	-0.59	-0.13	0.85	0.99	0.98	-0.64	0.33	-0.41	-0.6	0.98	-0.34	0.02	0.94	-0.91	0.98	-0.18	-0.58	0.97	0.99

Click cells to compare fundamentals

MIND CTI Account Relationship Matchups

MIND CTI fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	2.43	2.1	2.21	2.36	1.96	1.74
Ptb Ratio	2.17	2.23	2.62	1.77	1.61	3.17
Days Sales Outstanding	58.93	37.52	27.0	43.05	38.76	71.8
Stock Based Compensation To Revenue	0.008825	0.009113	0.006494	0.012	0.013	0.007182
Capex To Depreciation	0.68	0.55	0.34	0.67	0.33	0.31
Pb Ratio	2.17	2.23	2.62	1.77	1.61	3.17
Ev To Sales	1.87	1.93	2.26	1.76	1.72	3.11
Free Cash Flow Per Share	0.14	0.23	0.34	0.22	0.2	0.15
Days Of Inventory On Hand	0.24	0.14	2.9E-5	3.6E-5	4.2E-5	4.0E-5
Payables Turnover	6.13	8.73	14.84	10.72	10.87	19.35
Sales General And Administrative To Revenue	0.0921	0.0779	0.0608	0.0707	0.0656	0.0623
Capex To Revenue	0.002294	0.002909	0.003114	0.006032	0.002961	0.002813
Cash Per Share	0.88	0.82	0.77	0.85	0.92	0.87
Pocfratio	10.02	7.12	7.93	9.26	9.64	9.16
Payout Ratio	1.0	0.89	0.87	0.99	0.94	0.75
Capex To Operating Cash Flow	0.007783	0.0105	0.0119	0.0285	0.0156	0.0148
Pfcf Ratio	7.18	8.02	9.13	9.53	9.79	9.3
Days Payables Outstanding	59.51	41.82	24.6	34.05	33.59	65.8
Income Quality	0.86	1.32	1.21	1.16	0.79	1.09
Ev To Operating Cash Flow	6.34	6.95	8.63	8.3	9.07	8.62
Pe Ratio	9.4	9.58	10.46	7.98	7.65	7.27
Ev To Free Cash Flow	6.39	7.02	8.73	8.54	9.22	8.76
Intangibles To Total Assets	0.2	0.21	0.28	0.27	0.26	0.17
Net Debt To E B I T D A	(1.0)	(1.13)	(0.39)	(0.77)	(0.47)	(0.49)
Current Ratio	3.03	3.49	3.64	3.92	4.41	5.8
Tangible Book Value Per Share	0.8	0.67	0.72	0.76	0.78	1.31
Receivables Turnover	6.19	9.73	13.52	8.48	9.42	6.27
Graham Number	2.55	2.53	2.66	2.82	2.65	3.0

Pair Trading with MIND CTI

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if MIND CTI position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in MIND CTI will appreciate offsetting losses from the drop in the long position's value.

Moving together with MIND Stock

0.76	U	Unity Software Aggressive Push	Pair Corr
0.66	DT	Dynatrace Holdings LLC	Pair Corr

Moving against MIND Stock

0.74	EGAN	eGain	Pair Corr
0.65	VERB	VERB TECHNOLOGY PANY Trending	Pair Corr
0.4	DV	DoubleVerify Holdings	Pair Corr
0.39	VCSA	Vacasa Inc	Pair Corr

The ability to find closely correlated positions to MIND CTI could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace MIND CTI when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back MIND CTI - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling MIND CTI to buy it.

The correlation of MIND CTI is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as MIND CTI moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if MIND CTI moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for MIND CTI can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether MIND CTI offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MIND CTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mind Cti Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mind Cti Stock:

How To Invest In MIND

Details

Is MIND Stock a good investment?

Details

What is MIND CTI's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MIND CTI. If investors know MIND will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MIND CTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.33)

Earnings Share

0.23

Revenue Per Share

1.079

Quarterly Revenue Growth

(0.01)

Return On Assets

0.0874

The market value of MIND CTI is measured differently than its book value, which is the value of MIND that is recorded on the company's balance sheet. Investors also form their own opinion of MIND CTI's value that differs from its market value or its book value, called intrinsic value, which is MIND CTI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MIND CTI's market value can be influenced by many factors that don't directly affect MIND CTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between MIND CTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if MIND CTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MIND CTI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

MIND Historical Financial Ratios

About MIND Financial Ratios Analysis

MIND CTI Financial Ratios Chart

Price To Sales Ratio

Ptb Ratio

Average Payables

Research And Ddevelopement To Revenue

Revenue Per Share

MIND CTI fundamentals Correlations

MIND CTI Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MIND CTI fundamentals Accounts

Pair Trading with MIND CTI

Moving together with MIND Stock

Moving against MIND Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ptb Ratio	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Price To Sales Ratio
Pocfratio	+ 1.0	Price To Sales Ratio
Pfcf Ratio	+ 1.0	Price To Sales Ratio
Pb Ratio	+ 1.0	Ptb Ratio
Ev To Sales	+ 1.0	Ptb Ratio

Days Payables Outstanding	- 0.91	Cash Per Share
Pfcf Ratio	- 0.91	Cash Per Share
Pocfratio	- 0.91	Cash Per Share
Cash Per Share	- 0.91	Ev To Sales
Cash Per Share	- 0.91	Pb Ratio
Cash Per Share	- 0.91	Ptb Ratio