MIND Total Liab vs Net Debt Analysis

MNDO Stock

USD 1.96 0.01 0.51%

MIND CTI financial indicator trend analysis is infinitely more than just investigating MIND CTI recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether MIND CTI is a good investment. Please check the relationship between MIND CTI Total Liab and its Net Debt accounts. 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.

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIND CTI Total Liab account and Net Debt. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between MIND CTI's Total Liab and Net Debt is -0.16. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Net Debt in the same time period over historical financial statements of MIND CTI, assuming nothing else is changed. The correlation between historical values of MIND CTI's Total Liab and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of MIND CTI are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Liab i.e., MIND CTI's Total Liab and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.16

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from MIND CTI's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Selling General Administrative is very stable compared to the past year. As of the 26th of November 2024, Tax Provision is likely to grow to about 538 K, while Sales General And Administrative To Revenue is likely to drop 0.06.

	2021	2022	2024 (projected)
Interest Expense	49K	60K	16.2K
Depreciation And Amortization	194K	193K	381.5K

Interest Expense Depreciation And Amortization

MIND CTI fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Short Long Term Debt Total	Other Current Liab	Other Liab	Other Assets	Common Stock Total Equity	Property Plant And Equipment Gross
Total Assets		0.77	0.97	0.23	-0.24	-0.53	-0.29	0.32	0.89	0.72	0.91	-0.14	0.83	0.62	0.81	-0.72	0.91	0.86	0.94	0.87	-0.8	-0.35	0.89	0.88	0.4	-0.05
Total Current Liabilities	0.77		0.62	0.31	-0.25	-0.39	-0.06	0.33	0.69	0.55	0.66	0.11	0.53	0.36	0.64	-0.48	0.6	0.95	0.71	0.53	-0.47	-0.02	0.68	0.7	0.12	-0.07
Total Stockholder Equity	0.97	0.62		0.1	-0.22	-0.53	-0.4	0.28	0.85	0.7	0.9	-0.21	0.88	0.63	0.71	-0.73	0.96	0.72	0.92	0.93	-0.87	-0.47	0.84	0.82	0.5	-0.02
Property Plant And Equipment Net	0.23	0.31	0.1		0.21	0.15	0.71	-0.07	0.54	0.24	-0.09	0.35	0.19	-0.03	0.68	-0.16	0.03	0.49	-0.04	-0.03	0.22	0.46	0.29	0.35	0.01	0.54
Net Debt	-0.24	-0.25	-0.22	0.21		0.4	0.4	-0.99	0.12	0.35	-0.48	0.46	0.18	0.46	0.03	-0.36	-0.24	-0.16	-0.48	-0.06	0.12	0.33	-0.22	0.13	0.3	0.53
Retained Earnings	-0.53	-0.39	-0.53	0.15	0.4		0.31	-0.42	-0.28	-0.23	-0.69	0.47	-0.34	-0.31	-0.31	0.26	-0.67	-0.4	-0.65	-0.47	0.47	0.76	-0.45	-0.32	-0.01	0.4
Accounts Payable	-0.29	-0.06	-0.4	0.71	0.4	0.31		-0.32	0.06	-0.18	-0.6	0.63	-0.21	-0.29	0.12	0.21	-0.41	0.01	-0.52	-0.38	0.44	0.56	-0.22	-0.18	-0.06	0.55
Cash	0.32	0.33	0.28	-0.07	-0.99	-0.42	-0.32		0.0	-0.28	0.51	-0.42	-0.11	-0.43	0.11	0.29	0.28	0.27	0.52	0.1	-0.13	-0.3	0.3	-0.04	-0.29	-0.48
Non Current Assets Total	0.89	0.69	0.85	0.54	0.12	-0.28	0.06	0.0		0.82	0.64	0.12	0.88	0.64	0.91	-0.81	0.76	0.85	0.68	0.78	-0.65	-0.09	0.82	0.91	0.5	0.31
Non Currrent Assets Other	0.72	0.55	0.7	0.24	0.35	-0.23	-0.18	-0.28	0.82		0.56	-0.02	0.82	0.83	0.72	-0.95	0.64	0.67	0.54	0.71	-0.61	-0.13	0.7	0.91	0.5	0.21
Cash And Short Term Investments	0.91	0.66	0.9	-0.09	-0.48	-0.69	-0.6	0.51	0.64	0.56		-0.47	0.65	0.54	0.6	-0.56	0.88	0.7	0.98	0.79	-0.78	-0.58	0.83	0.72	0.23	-0.35
Net Receivables	-0.14	0.11	-0.21	0.35	0.46	0.47	0.63	-0.42	0.12	-0.02	-0.47		-0.01	-0.07	-0.03	-0.03	-0.29	0.06	-0.33	-0.18	0.18	0.71	-0.32	-0.07	-0.01	0.31
Common Stock Shares Outstanding	0.83	0.53	0.88	0.19	0.18	-0.34	-0.21	-0.11	0.88	0.82	0.65	-0.01		0.71	0.68	-0.88	0.87	0.65	0.67	0.89	-0.77	-0.37	0.69	0.84	0.63	0.27
Short Term Investments	0.62	0.36	0.63	-0.03	0.46	-0.31	-0.29	-0.43	0.64	0.83	0.54	-0.07	0.71		0.54	-0.84	0.57	0.47	0.52	0.68	-0.66	-0.27	0.58	0.78	0.45	0.01
Non Current Liabilities Total	0.81	0.64	0.71	0.68	0.03	-0.31	0.12	0.11	0.91	0.72	0.6	-0.03	0.68	0.54		-0.68	0.61	0.86	0.62	0.58	-0.42	-0.04	0.85	0.87	0.25	0.2
Inventory	-0.72	-0.48	-0.73	-0.16	-0.36	0.26	0.21	0.29	-0.81	-0.95	-0.56	-0.03	-0.88	-0.84	-0.68		-0.68	-0.61	-0.54	-0.75	0.65	0.23	-0.63	-0.85	-0.49	-0.15
Other Stockholder Equity	0.91	0.6	0.96	0.03	-0.24	-0.67	-0.41	0.28	0.76	0.64	0.88	-0.29	0.87	0.57	0.61	-0.68		0.66	0.89	0.92	-0.84	-0.62	0.76	0.75	0.5	-0.01
Total Liab	0.86	0.95	0.72	0.49	-0.16	-0.4	0.01	0.27	0.85	0.67	0.7	0.06	0.65	0.47	0.86	-0.61	0.66		0.74	0.6	-0.49	-0.03	0.82	0.84	0.19	0.04
Total Current Assets	0.94	0.71	0.92	-0.04	-0.48	-0.65	-0.52	0.52	0.68	0.54	0.98	-0.33	0.67	0.52	0.62	-0.54	0.89	0.74		0.81	-0.81	-0.5	0.82	0.72	0.26	-0.32
Common Stock	0.87	0.53	0.93	-0.03	-0.06	-0.47	-0.38	0.1	0.78	0.71	0.79	-0.18	0.89	0.68	0.58	-0.75	0.92	0.6	0.81		-0.92	-0.51	0.77	0.74	0.75	0.15
Short Long Term Debt Total	-0.8	-0.47	-0.87	0.22	0.12	0.47	0.44	-0.13	-0.65	-0.61	-0.78	0.18	-0.77	-0.66	-0.42	0.65	-0.84	-0.49	-0.81	-0.92		0.51	-0.7	-0.66	-0.63	0.04
Other Current Liab	-0.35	-0.02	-0.47	0.46	0.33	0.76	0.56	-0.3	-0.09	-0.13	-0.58	0.71	-0.37	-0.27	-0.04	0.23	-0.62	-0.03	-0.5	-0.51	0.51		-0.3	-0.14	-0.23	0.3
Other Liab	0.89	0.68	0.84	0.29	-0.22	-0.45	-0.22	0.3	0.82	0.7	0.83	-0.32	0.69	0.58	0.85	-0.63	0.76	0.82	0.82	0.77	-0.7	-0.3		0.86	0.42	0.05
Other Assets	0.88	0.7	0.82	0.35	0.13	-0.32	-0.18	-0.04	0.91	0.91	0.72	-0.07	0.84	0.78	0.87	-0.85	0.75	0.84	0.72	0.74	-0.66	-0.14	0.86		0.38	0.1
Common Stock Total Equity	0.4	0.12	0.5	0.01	0.3	-0.01	-0.06	-0.29	0.5	0.5	0.23	-0.01	0.63	0.45	0.25	-0.49	0.5	0.19	0.26	0.75	-0.63	-0.23	0.42	0.38		0.66
Property Plant And Equipment Gross	-0.05	-0.07	-0.02	0.54	0.53	0.4	0.55	-0.48	0.31	0.21	-0.35	0.31	0.27	0.01	0.2	-0.15	-0.01	0.04	-0.32	0.15	0.04	0.3	0.05	0.1	0.66

Click cells to compare fundamentals

MIND CTI Account Relationship Matchups

MIND CTI fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	31.1M	32.4M	33.1M	31.7M	31.6M	28.2M
Total Current Liabilities	6.3M	5.6M	5.6M	5.2M	4.5M	4.9M
Total Stockholder Equity	21.9M	23.1M	23.7M	23.8M	24.5M	23.1M
Property Plant And Equipment Net	1.5M	1.9M	1.6M	1.2M	906K	926.0K
Net Debt	(5.2M)	(6.4M)	(2.7M)	(4.4M)	(2.3M)	(2.4M)
Retained Earnings	(3.1M)	(2.5M)	(1.7M)	(1.7M)	(1.3M)	(1.4M)
Accounts Payable	2.1M	1.3M	839K	937K	989K	664.5K
Cash	6.5M	8.3M	4.2M	5.3M	3.0M	2.8M
Non Current Assets Total	12.0M	12.7M	12.6M	11.4M	11.9M	10.7M
Non Currrent Assets Other	1.7M	1.8M	2.3M	1.9M	2.1M	1.9M
Cash And Short Term Investments	15.2M	17.0M	18.5M	17.5M	16.6M	14.8M
Net Receivables	3.7M	2.4M	1.9M	2.5M	2.3M	2.4M
Common Stock Shares Outstanding	20.0M	20.1M	20.3M	20.4M	20.5M	21.7M
Short Term Investments	8.7M	8.8M	14.3M	12.2M	13.6M	9.2M
Liabilities And Stockholders Equity	31.1M	32.4M	33.1M	31.7M	31.6M	28.2M
Non Current Liabilities Total	2.9M	3.7M	3.8M	2.8M	2.7M	2.0M
Other Stockholder Equity	25.8M	26.1M	26.2M	26.5M	26.8M	30.6M
Total Liab	5.0M	9.2M	9.3M	9.4M	7.1M	6.9M
Total Current Assets	19.1M	19.7M	20.5M	20.3M	19.7M	17.5M
Accumulated Other Comprehensive Income	(884K)	(522K)	(836K)	(1.1M)	(1.0M)	(1.1M)
Other Current Liab	2.0M	1.9M	2.3M	2.0M	1.7M	1.4M
Other Assets	1.8M	2.0M	2.5M	2.1M	1.9M	1.8M
Property Plant And Equipment Gross	1.5M	1.9M	1.6M	1.2M	3.1M	3.3M
Property Plant Equipment	1.5M	1.9M	1.6M	1.2M	1.1M	940.7K
Current Deferred Revenue	1.9M	2.1M	2.2M	2.0M	1.5M	2.6M
Other Current Assets	224K	273K	124K	462K	815K	1.3M
Good Will	7.9M	8.1M	7.9M	7.8M	7.9M	7.2M
Net Tangible Assets	13.3M	14.3M	15.3M	15.6M	14.1M	12.4M
Net Invested Capital	21.9M	23.1M	23.7M	23.8M	24.5M	25.0M
Net Working Capital	12.8M	14.0M	14.9M	15.1M	15.2M	16.1M

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 Upward Rally	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

View

Largest Software - Application Companies

View

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.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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MIND Total Liab vs Net Debt Analysis

Total Liab vs Net Debt

Total Liab vs Net Debt Correlation Analysis

Correlation Coefficient

Total Liab

Net Debt

MIND CTI fundamental ratios Correlations

MIND CTI Account Relationship Matchups

High Positive Relationship

High Negative Relationship

MIND CTI fundamental ratios Accounts

Pair Trading with MIND CTI

Moving together with MIND Stock

Moving against MIND Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 0.98	Cash And Short Term Investments
Total Stockholder Equity	+ 0.97	Total Assets
Other Stockholder Equity	+ 0.96	Total Stockholder Equity
Total Liab	+ 0.95	Total Current Liabilities
Total Current Assets	+ 0.94	Total Assets
Common Stock	+ 0.93	Total Stockholder Equity

Cash	- 0.99	Net Debt
Inventory	- 0.95	Non Currrent Assets Other
Short Long Term Debt Total	- 0.92	Common Stock
Inventory	- 0.88	Common Stock Shares Outstanding
Short Long Term Debt Total	- 0.87	Total Stockholder Equity
Other Assets	- 0.85	Inventory