MIND Technology (FRA:MI70) Interest Expense: €0.00 Mil (TTM As of Apr. 2026)

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FRA:MI70 MIND Technology Inc FRA:MI70
46 GF Score
Price €4.70
GF Value €1.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MIND Technology Interest Expense?

MIND Technology FRA:MI70 +3.52% 46 Interest Expense is €0.00 Mil as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 46/100 and a GF Value™ of €1.19 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MIND Technology's interest expense for the three months ended in Apr. 2026 was € 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2026 was €0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. MIND Technology's Operating Income for the three months ended in Apr. 2026 was € 0.01 Mil. MIND Technology's Interest Expense for the three months ended in Apr. 2026 was € 0.00 Mil. GuruFocus does not calculate MIND Technology's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MIND Technology  (FRA:MI70) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

MIND Technology's Interest Expense for the three months ended in Apr. 2026 was €0.00 Mil. Its Operating Income for the three months ended in Apr. 2026 was €0.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Apr. 2026 was €0.22 Mil.

MIND Technology's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

GuruFocus does not calculate MIND Technology's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. MIND Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.

MIND Technology Interest Expense Historical Data

* Premium members only.

The historical data trend for MIND Technology's Interest Expense 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.

MIND Technology Interest Expense Chart

MIND Technology Annual Data
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MIND Technology Quarterly Data
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FRA:MI70
46GF Score
MIND Technology Inc FRA:MI70
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of €0.00 Mil mean?
MIND Technology (FRA:MI70) has a Interest Expense of €0.00 Mil as of Apr. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MIND Technology and its competitors.
Is MIND Technology's Interest Expense too high?
MIND Technology's current Interest Expense is €0.00 Mil. Overall, MIND Technology has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's Interest Expense compare to LGL and ACFN?
MIND Technology's Interest Expense of €0.00 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Hardware company?
A good Interest Expense depends on the Hardware industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on MIND Technology and its competitors. MIND Technology's current Interest Expense is €0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIND Technology stock overvalued right now?
Based on GuruFocus' analysis, MIND Technology (FRA:MI70) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.19, compared to a current price of €4.70 — trading 295% above its estimated fair value. The current Interest Expense is €0.00 Mil. MIND Technology's overall GF Score™ is 46/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Interest Expense is €0.00 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MIND Technology (FRA:MI70) Overvalued in 2026?

Based on GuruFocus' analysis, MIND Technology stock appears to be overvalued. The current stock price of €4.70 is trading 295% above its estimated GF Value™ of €1.19. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • Interest Expense: €0.00 Mil
  • GF Value™: €1.19 vs. price of €4.70 (295% above fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the FRA:MI70 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

MIND Technology Business Description

Other Exchanges MIND:USA
Address 2002 Timberloch Place, Suite 550, The Woodlands, TX, USA, 77380
MIND Technology Inc provides technology and solutions for exploration, survey, and defense applications in oceanographic, hydrographic, defense, seismic, and security industries. The company operates in single segment namely, Seamap which provides services and products, including engineering, repairs and software licensing, utilized in marine exploration, marine survey and maritime security for marine survey companies, seismic survey contractors, research institutes, non-military government organizations and operators of port facilities and other offshore installations. The company generates more revenue from Seamap Marine Products. The company's geographical segments include the United States; China, Norway; Turkey; Singapore; and Canada & Other.
46GF Score

Get the complete analysis for FRA:MI70

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.70
Price
€1.19
GF Value