MYND (Mynd.ai) Debt-to-Asset : 0.30 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Mynd.ai Debt-to-Asset?

Mynd.ai's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $12.0 Mil. Mynd.ai's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $62.9 Mil. Mynd.ai's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $252.6 Mil. Mynd.ai's debt to asset for the quarter that ended in Dec. 2024 was 0.30.

Mynd.ai Debt-to-Asset Historical Data

The historical data trend for Mynd.ai's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mynd.ai Debt-to-Asset Chart

Mynd.ai Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

0.15

0.22

0.30

Mynd.ai Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Asset	0.15	-	0.22	0.28	0.30

Competitive Comparison of Mynd.ai's Debt-to-Asset

For the Education & Training Services subindustry, Mynd.ai's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mynd.ai's Debt-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Mynd.ai's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Mynd.ai's Debt-to-Asset falls into.

Save Embed

;

Save Embed

;

Mynd.ai Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Mynd.ai's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11.978	+	62.925)	/	252.619
	=	0.30

Mynd.ai's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(11.978	+	62.925)	/	252.619
	=	0.30

Mynd.ai (AMEX:MYND) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Mynd.ai Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Mynd.ai's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Mynd.ai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Mynd.ai Inc (AMEX:MYND) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

WK6:Germany

Address

720 Olive Way, Suite 1500, Seattle, WA, USA, 98101

Website

https://www.mynd.ai

Mynd.ai Inc is a company that provides a platform for delivering digital content in K-12 classrooms, giving teachers seamless connectivity to inspire young minds. It features agnostic hardware that integrates across technology providers. Its product line includes a wide range of interactive tools and technologies, with its award-winning interactive displays at the forefront. It also offers interactive software apps such as Screen Share, computing modules, and accessories that meet the needs of customers, including K -12 educators, colleges and universities, small businesses and corporations, government agencies, and more.