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GuruFocus has detected 2 Warning Signs with Mitcham Industries Inc $MIND.
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Mitcham Industries Inc (NAS:MIND)
Research & Development
$0.00 Mil (TTM As of Jan. 2017)

This is the expense the company spent on research and development. Mitcham Industries Inc's research and development for the three months ended in Jan. 2017 was $0.00 Mil. Its research and development for the trailing twelve months (TTM) ended in Jan. 2017 was $0.00 Mil.


Definition

This is the expense the company spent on research and development.

Mitcham Industries Inc Research & Development for the trailing twelve months (TTM) ended in Jan. 2017 was 0 (Apr. 2016 ) + 0 (Jul. 2016 ) + 0 (Oct. 2016 ) + 0 (Jan. 2017 ) = $0.00 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Mitcham Industries Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
Research & Development 0.000.000.000.000.000.000.000.000.000.00

Mitcham Industries Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
Research & Development 0.000.000.000.000.000.000.000.000.000.00
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