MIND Total Current Assets vs Net Invested Capital Analysis

MNDO Stock  USD 1.87  0.01  0.53%   
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 Current Assets and its Net Invested Capital 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 tightly coupled 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 Current Assets vs Net Invested Capital

Total Current Assets vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIND CTI Total Current Assets account and Net Invested Capital. At this time, the significance of the direction appears to have no relationship.
The correlation between MIND CTI's Total Current Assets and Net Invested Capital is 0.04. Overlapping area represents the amount of variation of Total Current Assets that can explain the historical movement of Net Invested Capital 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 Current Assets and Net Invested Capital 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 Current Assets of MIND CTI are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Total Current Assets i.e., MIND CTI's Total Current Assets and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.
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 tightly coupled 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 29th of May 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 Expense49K60K25.7K
Depreciation And Amortization194K193K381.5K

MIND CTI fundamental ratios Correlations

0.770.970.23-0.24-0.53-0.290.320.890.720.91-0.140.830.620.81-0.720.910.860.940.87-0.8-0.350.890.880.4-0.05
0.770.620.31-0.25-0.39-0.060.330.690.550.660.110.530.360.64-0.480.60.950.710.53-0.47-0.020.680.70.12-0.07
0.970.620.1-0.22-0.53-0.40.280.850.70.9-0.20.880.630.71-0.730.960.720.920.93-0.87-0.470.840.820.5-0.02
0.230.310.10.210.150.71-0.070.540.24-0.090.360.19-0.030.68-0.160.030.49-0.04-0.030.220.460.290.350.010.54
-0.24-0.25-0.220.210.40.4-0.990.120.35-0.480.460.180.460.03-0.36-0.24-0.16-0.48-0.060.120.33-0.220.130.30.53
-0.53-0.39-0.530.150.40.31-0.42-0.28-0.23-0.690.47-0.34-0.31-0.310.26-0.67-0.4-0.65-0.470.470.76-0.45-0.32-0.010.4
-0.29-0.06-0.40.710.40.31-0.320.06-0.18-0.60.63-0.21-0.290.120.21-0.410.01-0.52-0.380.440.56-0.22-0.18-0.060.55
0.320.330.28-0.07-0.99-0.42-0.320.0-0.280.51-0.43-0.11-0.430.110.290.280.270.520.1-0.13-0.30.3-0.04-0.29-0.48
0.890.690.850.540.12-0.280.060.00.820.640.130.880.640.91-0.810.760.850.680.78-0.65-0.090.820.910.50.31
0.720.550.70.240.35-0.23-0.18-0.280.820.56-0.020.820.830.72-0.950.640.670.540.71-0.61-0.130.70.910.50.21
0.910.660.9-0.09-0.48-0.69-0.60.510.640.56-0.460.650.540.6-0.560.880.70.980.79-0.78-0.580.830.720.23-0.35
-0.140.11-0.20.360.460.470.63-0.430.13-0.02-0.460.0-0.06-0.02-0.04-0.280.06-0.32-0.180.170.71-0.32-0.06-0.010.31
0.830.530.880.190.18-0.34-0.21-0.110.880.820.650.00.710.68-0.880.870.650.670.89-0.77-0.370.690.840.630.27
0.620.360.63-0.030.46-0.31-0.29-0.430.640.830.54-0.060.710.54-0.840.570.470.520.68-0.66-0.270.580.780.450.01
0.810.640.710.680.03-0.310.120.110.910.720.6-0.020.680.54-0.680.610.860.620.58-0.42-0.040.850.870.250.2
-0.72-0.48-0.73-0.16-0.360.260.210.29-0.81-0.95-0.56-0.04-0.88-0.84-0.68-0.68-0.61-0.54-0.750.650.23-0.63-0.85-0.49-0.15
0.910.60.960.03-0.24-0.67-0.410.280.760.640.88-0.280.870.570.61-0.680.660.890.92-0.84-0.620.760.750.5-0.01
0.860.950.720.49-0.16-0.40.010.270.850.670.70.060.650.470.86-0.610.660.740.6-0.49-0.030.820.840.190.04
0.940.710.92-0.04-0.48-0.65-0.520.520.680.540.98-0.320.670.520.62-0.540.890.740.81-0.81-0.50.820.720.26-0.32
0.870.530.93-0.03-0.06-0.47-0.380.10.780.710.79-0.180.890.680.58-0.750.920.60.81-0.92-0.510.770.740.750.15
-0.8-0.47-0.870.220.120.470.44-0.13-0.65-0.61-0.780.17-0.77-0.66-0.420.65-0.84-0.49-0.81-0.920.51-0.7-0.66-0.630.04
-0.35-0.02-0.470.460.330.760.56-0.3-0.09-0.13-0.580.71-0.37-0.27-0.040.23-0.62-0.03-0.5-0.510.51-0.3-0.14-0.230.3
0.890.680.840.29-0.22-0.45-0.220.30.820.70.83-0.320.690.580.85-0.630.760.820.820.77-0.7-0.30.860.420.05
0.880.70.820.350.13-0.32-0.18-0.040.910.910.72-0.060.840.780.87-0.850.750.840.720.74-0.66-0.140.860.380.1
0.40.120.50.010.3-0.01-0.06-0.290.50.50.23-0.010.630.450.25-0.490.50.190.260.75-0.63-0.230.420.380.66
-0.05-0.07-0.020.540.530.40.55-0.480.310.21-0.350.310.270.010.2-0.15-0.010.04-0.320.150.040.30.050.10.66
Click cells to compare fundamentals

MIND CTI Account Relationship Matchups

MIND CTI fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets31.1M32.4M33.1M31.7M31.6M28.2M
Total Current Liabilities6.3M5.6M5.6M5.2M4.5M4.9M
Total Stockholder Equity21.9M23.1M23.7M23.8M24.5M23.1M
Property Plant And Equipment Net1.5M1.9M1.6M1.2M906K926.0K
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 Payable2.1M1.3M839K937K989K664.5K
Cash6.5M8.3M4.2M5.3M3.0M2.8M
Non Current Assets Total12.0M12.7M12.6M11.4M11.9M10.7M
Non Currrent Assets Other1.7M1.8M2.3M1.9M2.1M1.9M
Cash And Short Term Investments15.2M17.0M18.5M17.5M16.6M14.8M
Net Receivables3.7M2.4M1.9M2.7M2.3M2.4M
Common Stock Shares Outstanding20.0M20.1M20.3M20.4M20.5M21.7M
Short Term Investments8.7M8.8M14.3M12.2M13.6M9.2M
Liabilities And Stockholders Equity31.1M32.4M33.1M31.7M31.6M28.2M
Non Current Liabilities Total2.9M3.7M3.8M2.8M2.7M2.0M
Other Stockholder Equity25.8M26.1M26.2M26.5M26.8M30.6M
Total Liab5.0M9.2M9.3M9.4M7.1M6.9M
Total Current Assets19.1M19.7M20.5M20.3M19.7M17.5M
Accumulated Other Comprehensive Income(884K)(522K)(836K)(1.1M)(1.0M)(1.1M)
Other Current Liab2.0M1.9M2.3M2.0M1.7M1.4M
Other Assets1.8M2.0M2.5M2.1M1.9M1.8M
Property Plant And Equipment Gross1.5M1.9M1.6M1.2M3.1M3.3M
Property Plant Equipment1.5M1.9M1.6M1.2M1.1M940.7K
Current Deferred Revenue1.9M2.1M2.2M2.0M1.5M2.6M
Other Current Assets224K273K124K169K815K1.3M
Good Will7.9M8.1M7.9M7.8M7.9M7.2M
Net Tangible Assets13.3M14.3M15.3M15.6M14.1M12.4M
Net Invested Capital21.9M23.1M23.7M23.8M24.5M25.0M
Net Working Capital12.8M14.0M14.9M15.1M15.2M16.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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:
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 tightly coupled 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.
Note that the MIND CTI information on this page should be used as a complementary analysis to other MIND CTI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for MIND Stock analysis

When running MIND CTI's price analysis, check to measure MIND CTI'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 CTI is operating at the current time. Most of MIND CTI's value examination focuses on studying past and present price action to predict the probability of MIND CTI'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 CTI's price. Additionally, you may evaluate how the addition of MIND CTI to your portfolios can decrease your overall portfolio volatility.
Stocks Directory
Find actively traded stocks across global markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Commodity Directory
Find actively traded commodities issued by global exchanges
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Money Managers
Screen money managers from public funds and ETFs managed around the world
Is MIND CTI'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 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
0.165
Earnings Share
0.25
Revenue Per Share
1.072
Quarterly Revenue Growth
0.045
Return On Assets
0.0937
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.