Mind Other Stockholder Equity vs Common Stock Shares Outstanding Analysis
MIND Stock | USD 4.36 0.14 3.11% |
Mind Technology financial indicator trend analysis is infinitely more than just investigating Mind Technology recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Mind Technology is a good investment. Please check the relationship between Mind Technology Other Stockholder Equity and its Common Stock Shares Outstanding accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.
Other Stockholder Equity vs Common Stock Shares Outstanding
Other Stockholder Equity vs Common Stock Shares Outstanding Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Mind Technology Other Stockholder Equity account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Mind Technology's Other Stockholder Equity and Common Stock Shares Outstanding is 0.98. Overlapping area represents the amount of variation of Other Stockholder Equity that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of Mind Technology, assuming nothing else is changed. The correlation between historical values of Mind Technology's Other Stockholder Equity and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Stockholder Equity of Mind Technology are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Stockholder Equity i.e., Mind Technology's Other Stockholder Equity and Common Stock Shares Outstanding go up and down completely randomly.
Correlation Coefficient | 0.98 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Other Stockholder Equity
Common Stock Shares Outstanding
The total number of shares of a company's common stock that are currently owned by all its shareholders.Most indicators from Mind Technology's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Mind Technology 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 Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.At present, Mind Technology's Tax Provision is projected to decrease significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 2.77, whereas Issuance Of Capital Stock is forecasted to decline to 0.00.
2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 20.6M | 20.6M | 14.3M | 20.4M | Cost Of Revenue | 17.1M | 22.1M | 21.7M | 29.4M |
Mind Technology fundamental ratios Correlations
Click cells to compare fundamentals
Mind Technology Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Mind Technology fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 58.2M | 39.8M | 42.0M | 32.9M | 33.5M | 31.8M | |
Other Current Liab | 3.7M | 4.9M | 7.6M | 3.5M | 7.7M | 8.1M | |
Total Current Liabilities | 8.4M | 7.8M | 10.7M | 8.7M | 10.3M | 11.8M | |
Total Stockholder Equity | 47.7M | 30.4M | 30.3M | 23.1M | 22.6M | 21.5M | |
Property Plant And Equipment Net | 16.1M | 6.2M | 6.1M | 5.7M | 2.1M | 2.0M | |
Net Debt | (790K) | (2.3M) | (3.3M) | 971K | (4.0M) | (3.8M) | |
Retained Earnings | (77.3M) | (99.9M) | (117.9M) | (127.6M) | (128.3M) | (121.9M) | |
Accounts Payable | 2.7M | 1.7M | 2.0M | 4.1M | 1.6M | 1.5M | |
Cash | 3.1M | 4.6M | 5.1M | 778K | 5.3M | 8.0M | |
Non Current Assets Total | 27.6M | 13.0M | 12.8M | 10.6M | 5.2M | 4.9M | |
Non Currrent Assets Other | 832K | 1.5M | 650K | 4.3M | 3.9M | 4.1M | |
Cash And Short Term Investments | 3.1M | 4.6M | 5.1M | 778K | 5.3M | 6.4M | |
Net Receivables | 11.9M | 4.7M | 8.1M | 4.0M | 6.6M | 6.2M | |
Common Stock Shares Outstanding | 1.2M | 1.3M | 1.4M | 1.4M | 1.4M | 1.1M | |
Liabilities And Stockholders Equity | 58.2M | 39.8M | 42.0M | 32.9M | 33.5M | 31.8M | |
Non Current Liabilities Total | 2.1M | 1.5M | 1.1M | 1.1M | 573K | 544.4K | |
Inventory | 13.3M | 11.5M | 14.0M | 15.3M | 13.4M | 7.7M | |
Other Stockholder Equity | 107.1M | 111.4M | 112.1M | 112.7M | 113.1M | 85.8M | |
Total Liab | 10.6M | 9.3M | 11.8M | 9.8M | 10.9M | 18.5M | |
Total Current Assets | 30.6M | 26.8M | 29.2M | 22.2M | 28.3M | 34.3M | |
Short Term Debt | 1.3M | 1.0M | 869K | 903K | 751K | 713.5K | |
Other Current Assets | 2.2M | 1.7M | 1.8M | 2.1M | 3.1M | 2.4M | |
Property Plant And Equipment Gross | 16.1M | 6.2M | 6.1M | 5.7M | 11.5M | 10.9M | |
Accumulated Other Comprehensive Income | (4.4M) | (4.4M) | (1.9M) | 34K | 39.1K | 41.1K | |
Other Assets | 30.1M | 15.9M | 3.1M | 650K | 747.5K | 710.1K | |
Property Plant Equipment | 13.8M | 4.8M | 6.1M | 5.7M | 5.1M | 4.9M | |
Current Deferred Revenue | 765K | 208K | 232K | 164K | 203K | 192.9K | |
Intangible Assets | 8.2M | 6.8M | 6.0M | 4.9M | 2.9M | 2.7M | |
Other Liab | 1.2M | 198K | 92K | 298K | 268.2K | 254.8K | |
Retained Earnings Total Equity | (42.4M) | (64.0M) | (77.3M) | (99.9M) | (89.9M) | (85.4M) | |
Preferred Stock Total Equity | 11.5M | 18.3M | 22.1M | 23.1M | 26.6M | 27.9M | |
Net Tangible Assets | 14.9M | 562K | (13.5M) | (19.7M) | (17.7M) | (16.8M) |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Mind Technology in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Mind Technology's short interest history, or implied volatility extrapolated from Mind Technology options trading.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mind Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Mind Stock refer to our How to Trade Mind Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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When running Mind Technology's price analysis, check to measure Mind Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mind Technology is operating at the current time. Most of Mind Technology's value examination focuses on studying past and present price action to predict the probability of Mind Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mind Technology's price. Additionally, you may evaluate how the addition of Mind Technology to your portfolios can decrease your overall portfolio volatility.
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Is Mind Technology's industry 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 Technology. 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 Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.48) | Revenue Per Share 25.967 | Quarterly Revenue Growth 0.508 | Return On Assets 0.0098 | Return On Equity (0.05) |
The market value of Mind Technology 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 Technology's value that differs from its market value or its book value, called intrinsic value, which is Mind Technology'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 Technology's market value can be influenced by many factors that don't directly affect Mind Technology'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 Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mind Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mind Technology'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.