MIND Technology (MIND) Interest Coverage Ratio: History & Chart

MIND Technology, Inc.(MIND)

Hardware, Equipment & Parts · The Woodlands, TX

$4.53Daily change unavailable

Delayed quote: Oct 6, 2026, 12:55 PM EDT

About MIND Technology, Inc.

MIND Technology, Inc., together with its subsidiary companies, delivers specialized technological solutions to a range of sectors, including oceanography, hydrography, defense, seismic exploration, and maritime security. Their core product line features advanced systems such as the GunLink, which facilitates the precise acquisition, monitoring, and control of seismic energy sources for marine surveys. The BuoyLink RGPS tracking system is vital for accurately positioning marine seismic energy sources and streamers. Other key offerings include Digishot energy source controllers, Sleeve Gun energy sources, and the SeaLink series of marine sensors and solid streamer systems. Beyond these primary products, MIND supplies various components like streamer weight collars, depth and pressure transducers, air control valves, and source array systems. The company also provides critical support services, encompassing spare parts, replacement components, repair and engineering assistance, comprehensive training, field service operations, and umbilical terminations. Additionally, they offer side scan sonar equipment and related systems. MIND serves a diverse customer base, including governmental organizations and commercial entities, distributing its products through an internal sales force and a vast global network of distributors and representatives. The company boasts a significant international presence, with operations spanning the United States, Europe, Canada, Latin America, the Asia/South Pacific region, and Eurasia. Founded in 1987, MIND Technology, Inc., previously known as Mitcham Industries, Inc., maintains its corporate headquarters in The Woodlands, Texas.

The Woodlands, TX

157 employees

mind-technology.com

Technology / Hardware, Equipment & Parts

Sector: Technology
Industry: Hardware, Equipment & Parts
CEO: Robert Capps

View full financials

MIND Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

1.44x

INTEREST COVERAGE RATIO AVG TTM

-2.45x

INTEREST COVERAGE RATIO AVG 3Y

-13.88x

INTEREST COVERAGE RATIO AVG 5Y

-56.31x

INTEREST COVERAGE RATIO AVG 10Y

-38.08x

INTEREST COVERAGE RATIO AVG 15Y

-13.21x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+158.57%

CURRENT VS 3Y AVG

+110.35%

CURRENT VS 5Y AVG

+102.55%

CURRENT VS 10Y AVG

+103.77%

CURRENT VS 15Y AVG

+110.88%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · TECHNOLOGY

0.71x

median of 415 covered companies

CURRENT VS SECTOR MEDIAN

+102.37%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
MIND Technology, Inc. (MIND)	$41.17M	1.44x	-2.45x	-13.88x	-56.31x
Phunware, Inc. (PHUN)vs ›	$41.51M	-641.22x	N/A	N/A	N/A
Blaize Holdings Inc. (BZAI)vs ›	$41.78M	N/A	N/A	N/A	N/A
Pixelworks, Inc. (PXLW)vs ›	$42.70M	N/A	N/A	N/A	N/A
Aether Holdings, Inc. Common Stock (ATHR)vs ›	$38.98M	N/A	N/A	N/A	N/A
Comtech Telecommunications Corp. (CMTL)vs ›	$37.90M	-3.04x	3.48x	3.12x	14.39x
GameSquare Holdings Inc. (GAME)vs ›	$38.38M	N/A	N/A	N/A	N/A
Health In Tech, Inc. (HIT)vs ›	$44.68M	N/A	825.34x	565.22x	565.22x
Brand Engagement Network, Inc. (BNAI)vs ›	$37.61M	-30.76x	N/A	N/A	N/A
Diginex Limited (DGNX)vs ›	$37.54M	-1260.03x	N/A	N/A	N/A

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

MIND Technology, Inc. (MIND)

$41.17M

1.44x

-2.45x

-13.88x

-56.31x

Phunware, Inc. (PHUN)vs ›

$41.51M

-641.22x

N/A

Blaize Holdings Inc. (BZAI)vs ›

$41.78M

N/A

Pixelworks, Inc. (PXLW)vs ›

$42.70M

N/A

Aether Holdings, Inc. Common Stock (ATHR)vs ›

$38.98M

N/A

Comtech Telecommunications Corp. (CMTL)vs ›

$37.90M

-3.04x

3.48x

3.12x

14.39x

GameSquare Holdings Inc. (GAME)vs ›

$38.38M

N/A

Health In Tech, Inc. (HIT)vs ›

$44.68M

N/A

825.34x

565.22x

Brand Engagement Network, Inc. (BNAI)vs ›

$37.61M

-30.76x

N/A

Diginex Limited (DGNX)vs ›

$37.54M

-1260.03x

N/A

Interest Coverage Ratio FAQ

What is the interest coverage ratio for MIND Technology, Inc. (MIND)?

The interest coverage ratio for MIND stock is 1.44x.

Is MIND Technology, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 1.44x is 103% above its 5-year average of -56.31x, near the high end of its 5-year range (-328.18x–2.05x).

What is the TTM average interest coverage ratio for MIND Technology, Inc. (MIND)?

The TTM average interest coverage ratio for MIND stock is -2.45x.

What is the 3Y average interest coverage ratio for MIND Technology, Inc. (MIND)?

The 3Y average interest coverage ratio for MIND stock is -13.88x.

What is the 5Y average interest coverage ratio for MIND Technology, Inc. (MIND)?

The 5Y average interest coverage ratio for MIND stock is -56.31x.

What is the 10Y average interest coverage ratio for MIND Technology, Inc. (MIND)?

The 10Y average interest coverage ratio for MIND stock is -38.08x.

What is the 15Y average interest coverage ratio for MIND Technology, Inc. (MIND)?

The 15Y average interest coverage ratio for MIND stock is -13.21x.

DATE	INTEREST COVERAGE RATIO
2024-01-31	1.44x
2023-10-31	-8.60x
2023-07-31	-4.71x
2023-04-30	2.05x
2022-07-31	-20.41x
2022-04-30	-20.98x
2022-01-31	-45.94x
2020-04-30	-328.18x
2020-01-31	-25.08x
2019-10-31	-109.92x
2019-07-31	-152.36x
2019-04-30	-223.27x
2019-01-31	-67.89x
2018-07-31	-269.18x
2017-04-30	-49.76x
2017-01-31	-85.67x
2016-10-31	-69.68x
2016-07-31	-50.70x
2016-04-30	-23.98x
2015-10-31	-43.96x
2015-07-31	-53.04x
2015-04-30	-4.33x
2014-10-31	1.32x
2014-07-31	-47.01x
2014-04-30	41.50x
2013-10-31	-68.97x
2013-04-30	2727.67x
2013-01-31	37.21x
2012-10-31	-15.39x
2012-07-31	13.97x
2012-04-30	2333.20x
2012-01-31	144.28x
2011-10-31	98.70x
2011-07-31	22.18x
2011-04-30	51.27x
2011-01-31	19.29x
2010-10-31	19.40x
2010-07-31	-5.08x
2010-04-30	26.35x
2010-01-31	8.48x
2009-10-31	11.58x
2009-07-31	-9.35x
2009-04-30	0.18x
2006-01-31	0.00x

DATE

INTEREST COVERAGE RATIO

2024-01-31

1.44x

2023-10-31

-8.60x

2023-07-31

-4.71x

2023-04-30

2.05x

2022-07-31

-20.41x

2022-04-30

-20.98x

2022-01-31

-45.94x

2020-04-30

-328.18x

2020-01-31

-25.08x

2019-10-31

-109.92x

2019-07-31

-152.36x

2019-04-30

-223.27x

2019-01-31

-67.89x

2018-07-31

-269.18x

2017-04-30

-49.76x

2017-01-31

-85.67x

2016-10-31

-69.68x

2016-07-31

-50.70x

2016-04-30

-23.98x

2015-10-31

-43.96x

2015-07-31

-53.04x

2015-04-30

-4.33x

2014-10-31

1.32x

2014-07-31

-47.01x

2014-04-30

41.50x

2013-10-31

-68.97x

2013-04-30

2727.67x

2013-01-31

37.21x

2012-10-31

-15.39x

2012-07-31

13.97x

2012-04-30

2333.20x

2012-01-31

144.28x

2011-10-31

98.70x

2011-07-31

22.18x

2011-04-30

51.27x

2011-01-31

19.29x

2010-10-31

19.40x

2010-07-31

-5.08x

2010-04-30

26.35x

2010-01-31

8.48x

2009-10-31

11.58x

2009-07-31

-9.35x

2009-04-30

0.18x

2006-01-31

0.00x

Interest Coverage Ratio: 1.44x

MIND Interest Coverage Ratio

MIND Average Interest Coverage Ratio Chart

MIND Current vs Average Interest Coverage Ratio Chart

MIND Interest Coverage Ratio Metrics

MIND Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

MIND Interest Coverage Ratio History

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