MIND Technology (MIND) Quick Ratio: History & Chart

MIND Technology, Inc.(MIND)

Hardware, Equipment & Parts · The Woodlands, TX

$4.57+0.04 (+0.88%)

Delayed quote: Oct 6, 2026, 4:00 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 Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

5.22

QUICK RATIO (ACID-TEST) AVG TTM

4.26

QUICK RATIO (ACID-TEST) AVG 3Y

2.53

QUICK RATIO (ACID-TEST) AVG 5Y

1.41

QUICK RATIO (ACID-TEST) AVG 10Y

2.26

QUICK RATIO (ACID-TEST) AVG 15Y

2.89

QUICK RATIO (ACID-TEST) AVG 20Y

2.43

CURRENT VS TTM AVG

+22.50%

CURRENT VS 3Y AVG

+106.33%

CURRENT VS 5Y AVG

+269.33%

CURRENT VS 10Y AVG

+130.92%

CURRENT VS 15Y AVG

+80.53%

CURRENT VS 20Y AVG

+114.63%

SECTOR MEDIAN · TECHNOLOGY

1.73

median of 637 covered companies

CURRENT VS SECTOR MEDIAN

+201.59%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
MIND Technology, Inc. (MIND)	$41.54M	5.22	4.26	2.53	1.41
Phunware, Inc. (PHUN)vs ›	$41.71M	19.84	11.33	5.88	4.26
Blaize Holdings Inc. (BZAI)vs ›	$41.30M	3.21	1.17	0.84	1.20
Pixelworks, Inc. (PXLW)vs ›	$42.32M	35.56	3.09	4.19	4.12
Health In Tech, Inc. (HIT)vs ›	$43.62M	2.17	4.09	2.67	2.67
Rekor Systems, Inc. (REKR)vs ›	$44.58M	0.68	0.91	0.89	1.59
SAIHEAT Limited (SAIH)vs ›	$44.71M	2.29	2.52	14.05	11.34
Brand Engagement Network, Inc. (BNAI)vs ›	$38.66M	0.28	0.12	0.22	0.42
Aether Holdings, Inc. Common Stock (ATHR)vs ›	$38.62M	3.37	5.20	2.75	2.75
Freightos Limited Ordinary shares (CRGO)vs ›	$45.48M	1.88	2.41	2.62	2.52

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

MIND Technology, Inc. (MIND)

$41.54M

5.22

4.26

2.53

1.41

Phunware, Inc. (PHUN)vs ›

$41.71M

19.84

11.33

5.88

4.26

Blaize Holdings Inc. (BZAI)vs ›

$41.30M

3.21

1.17

0.84

1.20

Pixelworks, Inc. (PXLW)vs ›

$42.32M

35.56

3.09

4.19

4.12

Health In Tech, Inc. (HIT)vs ›

$43.62M

2.17

4.09

2.67

Rekor Systems, Inc. (REKR)vs ›

$44.58M

0.68

0.91

0.89

1.59

SAIHEAT Limited (SAIH)vs ›

$44.71M

2.29

2.52

14.05

11.34

Brand Engagement Network, Inc. (BNAI)vs ›

$38.66M

0.28

0.12

0.22

0.42

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

$38.62M

3.37

5.20

2.75

Freightos Limited Ordinary shares (CRGO)vs ›

$45.48M

1.88

2.41

2.62

2.52

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The quick ratio (acid-test) for MIND stock is 5.22.

Is MIND Technology, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 5.22 is 269% above its 5-year average of 1.41, near the high end of its 5-year range (0.61–5.22).

What is the TTM average quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The TTM average quick ratio (acid-test) for MIND stock is 4.26.

What is the 3Y average quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The 3Y average quick ratio (acid-test) for MIND stock is 2.53.

What is the 5Y average quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The 5Y average quick ratio (acid-test) for MIND stock is 1.41.

What is the 10Y average quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The 10Y average quick ratio (acid-test) for MIND stock is 2.26.

What is the 15Y average quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The 15Y average quick ratio (acid-test) for MIND stock is 2.89.

What is the 20Y average quick ratio (acid-test) for MIND Technology, Inc. (MIND)?

The 20Y average quick ratio (acid-test) for MIND stock is 2.43.

DATE	QUICK RATIO (ACID-TEST)
2026-07-31	5.22
2026-04-30	3.98
2026-01-31	4.53
2025-10-31	4.56
2025-07-31	3.01
2025-04-30	2.04
2025-01-31	2.12
2024-10-31	1.40
2024-07-31	1.10
2024-04-30	1.31
2024-01-31	1.46
2023-10-31	1.41
2023-07-31	0.74
2023-04-30	0.93
2023-01-31	1.25
2022-10-31	0.61
2022-07-31	1.14
2022-04-30	1.22
2022-01-31	1.42
2021-10-31	1.30
2021-07-31	1.55
2021-04-30	1.36
2021-01-31	1.96
2020-10-31	2.41
2020-07-31	2.51
2020-04-30	1.78
2020-01-31	3.17
2019-10-31	2.07
2019-07-31	2.73
2019-04-30	3.22
2019-01-31	3.44
2018-10-31	2.98
2018-07-31	2.52
2018-04-30	2.48
2018-01-31	2.95
2017-10-31	3.32
2017-07-31	3.24
2017-04-30	2.91
2017-01-31	1.72
2016-10-31	1.32
2016-07-31	2.26
2016-04-30	2.24
2016-01-31	2.40
2015-10-31	3.16
2015-07-31	3.32
2015-04-30	3.79
2015-01-31	4.27
2014-10-31	4.06
2014-07-31	3.84
2014-04-30	7.78
2014-01-31	4.33
2013-10-31	5.12
2013-07-31	7.19
2013-04-30	7.10
2013-01-31	5.45
2012-10-31	7.26
2012-07-31	7.01
2012-04-30	4.08
2012-01-31	2.44
2011-10-31	1.56
2011-07-31	2.16
2011-04-30	1.40
2011-01-31	2.56
2010-10-31	1.48
2010-07-31	1.55
2010-04-30	2.60
2010-01-31	2.57
2009-10-31	2.44
2009-07-31	1.54
2009-04-30	1.81
2009-01-31	1.42
2008-10-31	1.97
2008-07-31	1.30
2008-04-30	1.81
2008-01-31	1.31
2007-10-31	2.12
2007-07-31	2.44
2007-04-30	2.04
2007-01-31	1.29
2006-10-31	2.53
2006-07-31	3.72
2006-04-30	4.02
2006-01-31	3.99
2005-10-31	6.56
2005-07-31	5.23
2005-04-30	6.37
2005-01-31	2.76
2004-10-31	3.60
2004-07-31	3.47
2004-04-30	2.62
2004-01-31	1.89
2003-10-31	1.92
2003-07-31	1.63
2003-04-30	1.73
2003-01-31	1.54
2002-10-31	1.71

DATE

QUICK RATIO (ACID-TEST)

2026-07-31

5.22

2026-04-30

3.98

2026-01-31

4.53

2025-10-31

4.56

2025-07-31

3.01

2025-04-30

2.04

2025-01-31

2.12

2024-10-31

1.40

2024-07-31

1.10

2024-04-30

1.31

2024-01-31

1.46

2023-10-31

1.41

2023-07-31

0.74

2023-04-30

0.93

2023-01-31

1.25

2022-10-31

0.61

2022-07-31

1.14

2022-04-30

1.22

2022-01-31

1.42

2021-10-31

1.30

2021-07-31

1.55

2021-04-30

1.36

2021-01-31

1.96

2020-10-31

2.41

2020-07-31

2.51

2020-04-30

1.78

2020-01-31

3.17

2019-10-31

2.07

2019-07-31

2.73

2019-04-30

3.22

2019-01-31

3.44

2018-10-31

2.98

2018-07-31

2.52

2018-04-30

2.48

2018-01-31

2.95

2017-10-31

3.32

2017-07-31

3.24

2017-04-30

2.91

2017-01-31

1.72

2016-10-31

1.32

2016-07-31

2.26

2016-04-30

2.24

2016-01-31

2.40

2015-10-31

3.16

2015-07-31

3.32

2015-04-30

3.79

2015-01-31

4.27

2014-10-31

4.06

2014-07-31

3.84

2014-04-30

7.78

2014-01-31

4.33

2013-10-31

5.12

2013-07-31

7.19

2013-04-30

7.10

2013-01-31

5.45

2012-10-31

7.26

2012-07-31

7.01

2012-04-30

4.08

2012-01-31

2.44

2011-10-31

1.56

2011-07-31

2.16

2011-04-30

1.40

2011-01-31

2.56

2010-10-31

1.48

2010-07-31

1.55

2010-04-30

2.60

2010-01-31

2.57

2009-10-31

2.44

2009-07-31

1.54

2009-04-30

1.81

2009-01-31

1.42

2008-10-31

1.97

2008-07-31

1.30

2008-04-30

1.81

2008-01-31

1.31

2007-10-31

2.12

2007-07-31

2.44

2007-04-30

2.04

2007-01-31

1.29

2006-10-31

2.53

2006-07-31

3.72

2006-04-30

4.02

2006-01-31

3.99

2005-10-31

6.56

2005-07-31

5.23

2005-04-30

6.37

2005-01-31

2.76

2004-10-31

3.60

2004-07-31

3.47

2004-04-30

2.62

2004-01-31

1.89

2003-10-31

1.92

2003-07-31

1.63

2003-04-30

1.73

2003-01-31

1.54

2002-10-31

1.71

Quick Ratio (Acid-Test): 5.22

MIND Quick Ratio

MIND Average Quick Ratio (Acid-Test) Chart

MIND Current vs Average Quick Ratio (Acid-Test) Chart

MIND Quick Ratio (Acid-Test) Metrics

MIND Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

MIND Quick Ratio (Acid-Test) History

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