MIND Technology (FRA:MI70) Total Assets: €43.40 Mil (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:MI70 MIND Technology Inc FRA:MI70
46 GF Score
Price €4.70
GF Value €1.14
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MIND Technology Total Assets?

MIND Technology FRA:MI70 +3.52% 46 Total Assets is €43.40 Mil as of Apr. 2026. GuruFocus rates FRA:MI70 with a GF Score™ of 46/100 and a GF Value™ of €1.14 (Significantly Overvalued). The stock has 4 warning signs investors should review.

MIND Technology's Total Assets for the quarter that ended in Apr. 2026 was €43.40 Mil.

During the past 12 months, MIND Technology's average Total Assets Growth Rate was 22.40% per year. During the past 3 years, the average Total Assets Growth Rate was -2.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.80% per year. During the past 10 years, the average Total Assets Growth Rate was -13.20% per year.

During the past 13 years, MIND Technology's highest 3-Year average Total Assets Growth Rate was 125.90%. The lowest was -28.50%. And the median was -2.00%.

Total Assets is connected with ROA %. MIND Technology's annualized ROA % for the quarter that ended in Apr. 2026 was -3.29%. Total Assets is also linked to Revenue through Asset Turnover. MIND Technology's Asset Turnover for the quarter that ended in Apr. 2026 was 0.19.


MIND Technology  (FRA:MI70) Total Assets Explanation

Total Assets is connected with ROA %.

MIND Technology's annualized ROA % for the quarter that ended in Apr. 2026 is

ROA %=Net Income (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=-1.404/( (41.925+43.402)/ 2 )
=-1.404/42.6635
=-3.29 %

Note: The Net Income data used here is four times the quarterly (Apr. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

MIND Technology's Asset Turnover for the quarter that ended in Apr. 2026 is

Asset Turnover
=Revenue (Q: Apr. 2026 )/( (Total Assets (Q: Jan. 2026 )+Total Assets (Q: Apr. 2026 ))/ count )
=8.27/( (41.925+43.402)/ 2 )
=8.27/42.6635
=0.19

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

MIND Technology Total Assets Related Terms


MIND Technology Total Assets Historical Data

* Premium members only.

The historical data trend for MIND Technology's Total Assets 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 Total Assets Chart

MIND Technology Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.15 30.49 30.75 35.47 41.93

MIND Technology Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Total Assets 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 32.24 30.71 40.67 41.93 43.40
FRA:MI70
46GF Score
MIND Technology Inc FRA:MI70
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MIND Technology Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

MIND Technology's Total Assets for the fiscal year that ended in Jan. 2026 is calculated as

Total Assets=Total Equity (A: Jan. 2026 )+Total Liabilities (A: Jan. 2026 )
=35.246+6.679
=41.93

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

Total Assets=Total Equity (Q: Apr. 2026 )+Total Liabilities (Q: Apr. 2026 )
=35.503+7.899
=43.40

* 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 Total Assets →
What does a Total Assets of €43.40 Mil mean?
MIND Technology (FRA:MI70) has a Total Assets of €43.40 Mil as of Apr. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on MIND Technology and its competitors.
Is MIND Technology's Total Assets too high?
MIND Technology's current Total Assets is €43.40 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 Total Assets compare to LGL and ACFN?
MIND Technology's Total Assets of €43.40 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 Total Assets for a Hardware company?
A good Total Assets depends on the Hardware industry context. However, Total Assets 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 Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on MIND Technology and its competitors. MIND Technology's current Total Assets is €43.40 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 €1.14, compared to a current price of €4.70 — trading 312.3% above its estimated fair value. The current Total Assets is €43.40 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 Total Assets calculated?
Total Assets is calculated from a company's financial statements. For MIND Technology (FRA:MI70), the current Total Assets is €43.40 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 312.3% above its estimated GF Value™ of €1.14. GuruFocus considers MIND Technology to be Significantly Overvalued.

Key valuation signals for FRA:MI70:

  • Total Assets: €43.40 Mil
  • GF Value™: €1.14 vs. price of €4.70 (312.3% 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

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

€4.70
Price
€1.14
GF Value