MIND Technology (FRA:MI70) LT-Debt-to-Total-Asset: 0.01 (As of Apr. 2026)

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FRA:MI70 MIND Technology Inc FRA:MI70
49 GF Score
Price €4.70
GF Value €1.21
Valuation Significantly Overvalued
! 4 Warning Signs
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What is MIND Technology LT-Debt-to-Total-Asset?

MIND Technology FRA:MI70 +5.38% 49 LT-Debt-to-Total-Asset is 0.01 as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 49/100 and a GF Value™ of €1.21 (Significantly Overvalued). The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. MIND Technology's long-term debt to total assests ratio for the quarter that ended in Apr. 2026 was 0.01.

MIND Technology's long-term debt to total assets ratio declined from Apr. 2025 (0.02) to Apr. 2026 (0.01). It may suggest that MIND Technology is progressively becoming less dependent on debt to grow their business.

MIND Technology  (FRA:MI70) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

MIND Technology LT-Debt-to-Total-Asset Related Terms

MIND Technology LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for MIND Technology's LT-Debt-to-Total-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.

MIND Technology LT-Debt-to-Total-Asset Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.03 0.02 0.02 0.01

MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.01 0.01 0.01 0.01
FRA:MI70
49GF Score
MIND Technology Inc FRA:MI70
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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MIND Technology LT-Debt-to-Total-Asset Calculation

MIND Technology's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

LT Debt to Total Assets (A: Jan. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2026 )/Total Assets (A: Jan. 2026 )
=0.346/41.925
=0.01

MIND Technology's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

LT Debt to Total Assets (Q: Apr. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Apr. 2026 )/Total Assets (Q: Apr. 2026 )
=0.218/43.402
=0.01

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
MIND Technology (FRA:MI70) has a LT-Debt-to-Total-Asset of 0.01 as of Apr. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on MIND Technology and its competitors.
Is MIND Technology's LT-Debt-to-Total-Asset too high?
MIND Technology's current LT-Debt-to-Total-Asset is 0.01. Overall, MIND Technology has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MIND Technology's LT-Debt-to-Total-Asset compare to LGL and ACFN?
MIND Technology's LT-Debt-to-Total-Asset of 0.01 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 LT-Debt-to-Total-Asset for a Hardware company?
A good LT-Debt-to-Total-Asset depends on the Hardware industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on MIND Technology and its competitors. MIND Technology's current LT-Debt-to-Total-Asset is 0.01. 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 €1.21, compared to a current price of €4.70 — trading 288.4% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.01. MIND Technology's overall GF Score™ is 49/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current LT-Debt-to-Total-Asset is 0.01 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 288.4% above its estimated GF Value™ of €1.21. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • LT-Debt-to-Total-Asset: 0.01
  • GF Value™: €1.21 vs. price of €4.70 (288.4% above fair value)
  • GF Score™: 49/100 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.
49GF Score

Get the complete analysis for FRA:MI70

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.70
Price
€1.21
GF Value