MIND Net Tangible Assets vs Net Receivables Analysis

MNDO Stock  USD 1.35  0.01  0.74%   
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 Net Tangible Assets and its Net Receivables 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 various price indices.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.

Net Tangible Assets vs Net Receivables

Net Tangible Assets vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of MIND CTI Net Tangible Assets account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between MIND CTI's Net Tangible Assets and Net Receivables is -0.31. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Net Receivables 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 Net Tangible Assets and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of MIND CTI are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Net Tangible Assets i.e., MIND CTI's Net Tangible Assets and Net Receivables go up and down completely randomly.

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Net Receivables

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 various price indices.
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 5th of August 2025, Tax Provision is likely to grow to about 510.9 K, while Sales General And Administrative To Revenue is likely to drop 0.07.
 2022 2024 2025 (projected)
Interest Expense83K15K14.3K
Depreciation And Amortization193K186K176.7K

MIND CTI fundamental ratios Correlations

0.70.970.23-0.22-0.52-0.340.30.880.340.89-0.140.820.630.81-0.140.910.840.930.85-0.79-0.380.890.880.350.0
0.70.530.27-0.3-0.4-0.130.370.570.160.64-0.010.430.290.510.170.540.930.680.4-0.350.010.580.6-0.07-0.2
0.970.530.11-0.19-0.51-0.430.260.850.430.87-0.180.880.640.73-0.270.960.690.90.92-0.87-0.510.830.830.470.05
0.230.270.110.220.150.72-0.080.540.14-0.090.280.2-0.020.67-0.080.030.48-0.04-0.010.190.40.310.350.050.52
-0.22-0.3-0.190.220.40.43-0.990.150.35-0.480.50.180.480.09-0.31-0.25-0.17-0.47-0.110.060.39-0.220.170.170.51
-0.52-0.4-0.510.150.40.37-0.42-0.25-0.01-0.690.47-0.32-0.3-0.27-0.1-0.68-0.4-0.65-0.490.420.72-0.45-0.29-0.070.39
-0.34-0.13-0.430.720.430.37-0.360.03-0.09-0.640.56-0.24-0.30.110.0-0.45-0.04-0.57-0.460.460.6-0.27-0.18-0.140.56
0.30.370.26-0.08-0.99-0.42-0.36-0.03-0.320.52-0.47-0.11-0.450.050.30.30.280.520.16-0.08-0.360.3-0.08-0.15-0.46
0.880.570.850.540.15-0.250.03-0.030.550.590.120.890.640.91-0.360.770.80.640.77-0.67-0.120.80.910.480.39
0.340.160.430.140.35-0.01-0.09-0.320.550.120.060.750.410.33-0.820.50.250.110.59-0.43-0.20.30.490.720.58
0.890.640.87-0.09-0.48-0.69-0.640.520.590.12-0.470.610.520.570.070.860.70.980.75-0.72-0.590.810.690.17-0.36
-0.14-0.01-0.180.280.50.470.56-0.470.120.06-0.470.03-0.03-0.02-0.17-0.27-0.02-0.34-0.110.110.68-0.31-0.070.110.3
0.820.430.880.20.18-0.32-0.24-0.110.890.750.610.030.720.7-0.540.860.610.630.88-0.79-0.370.690.850.620.33
0.630.290.64-0.020.48-0.3-0.3-0.450.640.410.52-0.030.720.55-0.190.590.450.510.61-0.67-0.250.540.80.30.07
0.810.510.730.670.09-0.270.110.050.910.330.57-0.020.70.55-0.210.630.80.590.63-0.46-0.10.860.860.360.3
-0.140.17-0.27-0.08-0.31-0.10.00.3-0.36-0.820.07-0.17-0.54-0.19-0.21-0.310.030.06-0.560.340.24-0.2-0.23-0.95-0.67
0.910.540.960.03-0.25-0.68-0.450.30.770.50.86-0.270.860.590.63-0.310.650.880.92-0.84-0.640.770.750.480.02
0.840.930.690.48-0.17-0.4-0.040.280.80.250.7-0.020.610.450.80.030.650.730.55-0.44-0.040.790.80.11-0.01
0.930.680.9-0.04-0.47-0.65-0.570.520.640.110.98-0.340.630.510.590.060.880.730.77-0.76-0.530.810.70.19-0.31
0.850.40.92-0.01-0.11-0.49-0.460.160.770.590.75-0.110.880.610.63-0.560.920.550.77-0.85-0.580.770.720.740.14
-0.79-0.35-0.870.190.060.420.46-0.08-0.67-0.43-0.720.11-0.79-0.67-0.460.34-0.84-0.44-0.76-0.850.53-0.67-0.69-0.52-0.1
-0.380.01-0.510.40.390.720.6-0.36-0.12-0.2-0.590.68-0.37-0.25-0.10.24-0.64-0.04-0.53-0.580.53-0.38-0.15-0.370.15
0.890.580.830.31-0.22-0.45-0.270.30.80.30.81-0.310.690.540.86-0.20.770.790.810.77-0.67-0.380.850.410.08
0.880.60.830.350.17-0.29-0.18-0.080.910.490.69-0.070.850.80.86-0.230.750.80.70.72-0.69-0.150.850.360.2
0.35-0.070.470.050.17-0.07-0.14-0.150.480.720.170.110.620.30.36-0.950.480.110.190.74-0.52-0.370.410.360.55
0.0-0.20.050.520.510.390.56-0.460.390.58-0.360.30.330.070.3-0.670.02-0.01-0.310.14-0.10.150.080.20.55
Click cells to compare fundamentals

MIND CTI Account Relationship Matchups

MIND CTI fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets32.4M33.1M31.7M31.6M30.7M28.1M
Total Current Liabilities5.6M5.6M5.2M4.5M3.3M4.9M
Total Stockholder Equity23.1M23.7M23.8M24.5M24.3M23.0M
Property Plant And Equipment Net1.9M1.6M1.2M906K1.0M921.2K
Net Debt(6.4M)(2.7M)(4.4M)(2.3M)(3.6M)(3.8M)
Retained Earnings(2.5M)(1.7M)(1.7M)(1.3M)(1.6M)(1.7M)
Accounts Payable1.3M839K937K989K769K686.5K
Cash8.3M4.2M5.3M3.0M4.5M4.2M
Non Current Assets Total12.7M12.6M11.4M11.9M11.8M11.2M
Non Currrent Assets Other1.8M2.3M1.9M2.1M2.9M5.5M
Cash And Short Term Investments17.0M18.5M17.5M16.6M15.8M14.3M
Net Receivables2.4M1.9M2.5M2.3M2.8M2.4M
Common Stock Shares Outstanding20.1M20.3M20.4M20.5M20.6M21.8M
Short Term Investments8.8M14.3M12.2M13.6M11.3M9.4M
Liabilities And Stockholders Equity32.4M33.1M31.7M31.6M30.7M28.1M
Non Current Liabilities Total3.7M3.8M2.8M2.7M3.1M2.1M
Other Stockholder Equity26.1M26.2M26.5M26.8M27.0M29.8M
Total Liab9.2M9.3M9.4M7.1M6.4M7.0M
Total Current Assets19.7M20.5M20.3M19.7M18.9M16.9M
Accumulated Other Comprehensive Income(522K)(836K)(1.1M)(1.0M)(1.2M)(1.3M)
Short Long Term Debt Total1.8M1.5M886K642K825K1.1M
Other Current Liab1.9M2.3M2.0M1.7M1.5M1.5M
Other Assets1.8M2.0M2.5M2.1M1.9M1.8M
Property Plant And Equipment Gross1.9M1.6M1.2M3.1M3.1M3.2M
Short Term Debt346K376K271K218K188K178.6K
Property Plant Equipment1.5M1.9M1.6M1.2M1.1M940.7K
Intangible Assets702K522K374K266K135K128.3K
Current Deferred Revenue2.1M2.2M2.0M1.5M1.7M2.6M
Other Current Assets273K124K462K815K410K424.3K
Good Will8.1M7.9M7.8M7.9M7.7M7.3M
Net Tangible Assets13.3M14.3M15.3M15.6M14.1M12.4M
Net Invested Capital23.1M23.7M23.8M24.5M24.3M25.2M
Net Working Capital14.0M14.9M15.1M15.2M15.6M16.2M
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 closely tied with the direction of predictive economic indicators such as various price indices.
To learn how to invest in MIND Stock, please use our How to Invest in MIND CTI guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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
(0.70)
Earnings Share
0.17
Revenue Per Share
1.016
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0668
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.