MIND C.T.I. Ltd (MNDO) quarterly balance sheet — complete assets, liabilities & equity history
MIND C.T.I. Ltd (MNDO) balance sheet — 27-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 16.65M | 16.98M | 16.08M | 15.31M | 14.94M | 18.27M | 18.92M | 18.36M | 17.59M | 21.04M | 19.71M | 18.57M | 18.12M | 21.52M | 20.3M | 18.65M | 18.09M | 21.52M | 20.53M | 18.78M |
| Cash & Short-Term Investments | 13.46M | 13.96M | 13.55M | 12.49M | 11.35M | 14.91M | 15.75M | 15.53M | 14.55M | 17.46M | 16.6M | 15.94M | 15M | 17.98M | 17.48M | 15.97M | 15.08M | 18.88M | 18.46M | 16.08M |
| Cash Only | 3.08M | 3.69M | 8.12M | 5.19M | 2.75M | 3.33M | 4.45M | 2.73M | 3.17M | 4.74M | 2.96M | 2.58M | 6.13M | 6.83M | 5.26M | 3.66M | 4.92M | 5.4M | 4.18M | 6.52M |
| Short-Term Investments | 10.38M | 10.27M | 5.44M | 7.31M | 8.6M | 11.58M | 11.3M | 12.8M | 11.38M | 12.71M | 13.65M | 13.36M | 8.88M | 11.15M | 12.21M | 12.31M | 10.16M | 13.48M | 14.28M | 9.56M |
| Accounts Receivable | 2.09M | 2.21M | 1.71M | 2.02M | 3.17M | 3.03M | 2.76M | 2.19M | 2.1M | 2.57M | 2.64M | 1.78M | 2.48M | 2.88M | 2.65M | 2.51M | 2.87M | 2.47M | 1.95M | 2.5M |
| Days Sales Outstanding | 42.46 | 34.74 | 35.18 | 49.56 | 59.42 | 52.15 | 43.72 | 37.88 | 40.31 | 41.1 | 36.26 | 37.21 | 46.38 | 45.33 | 44.24 | 47.09 | 46.33 | 34.92 | 34.27 | 40.26 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 777K | 451K | 486K | 431K | 0 | 0 | 235K | 366K | 588K | 624K | 194K | 411K | 362K | 407K | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 13.4M | 13.64M | 14.08M | 14.05M | 14.18M | 14.59M | 11.78M | 11.49M | 11.37M | 11.71M | 11.91M | 11.84M | 11.37M | 11.44M | 11.45M | 11.27M | 11.73M | 12.2M | 12.6M | 12.53M |
| Property, Plant & Equipment | 852K | 922K | 1M | 1.05M | 1.13M | 975K | 1.02M | 675K | 727K | 815K | 906K | 971K | 1.05M | 1.14M | 1.17M | 1.23M | 1.49M | 1.55M | 1.64M | 1.69M |
| Fixed Asset Turnover | 5.20x | 5.29x | 4.76x | 4.43x | 4.52x | 5.02x | 6.15x | 7.43x | 6.84x | 6.70x | 5.98x | 5.20x | 4.80x | 4.76x | 4.48x | 3.88x | 3.45x | 3.57x | 3.58x | 4.02x |
| Goodwill | 9.83M | 9.87M | 9.96M | 9.96M | 9.73M | 9.39M | 7.73M | 7.9M | 7.79M | 7.82M | 7.87M | 7.77M | 7.83M | 7.83M | 7.79M | 7.6M | 7.72M | 7.88M | 7.93M | 7.99M |
| Intangible Assets | 1.23M | 1.29M | 1.38M | 1.43M | 1.79M | 1.71M | 135K | 176K | 198K | 230K | 265K | 284K | 321K | 351K | 374K | 372K | 422K | 481K | 522K | 566K |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 448K | 448K | 0 | 0 | 0 | 0 | 0 | 0 | 58K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.33M | 1.41M | 1.6M | 1.46M | 1.37M | 2.39M | 2.35M | 2.18M | 2.55M | 2.74M | 2.77M | 2.67M | 2.03M | 1.98M | 1.91M | 1.9M | 1.9M | 2.11M | 2.32M | 2.14M |
| Total Assets | 30.05M | 30.62M | 30.17M | 29.37M | 29.11M | 32.86M | 30.7M | 29.85M | 28.96M | 32.75M | 31.63M | 30.41M | 29.49M | 32.96M | 31.74M | 29.92M | 29.82M | 33.73M | 33.13M | 31.31M |
| Asset Turnover | 0.15x | 0.17x | 0.16x | 0.16x | 0.15x | 0.16x | 0.17x | 0.18x | 0.17x | 0.18x | 0.18x | 0.18x | 0.17x | 0.17x | 0.17x | 0.18x | 0.16x | 0.17x | 0.19x | 0.22x |
| Asset Growth % | 3.22% | -6.82% | -1.75% | -1.61% | 0.51% | 0.34% | -2.92% | -1.84% | -1.78% | -0.65% | -0.37% | 1.63% | -1.09% | -2.26% | -4.19% | -4.44% | -6.84% | -1.18% | 2.2% | 3.99% |
| Total Current Liabilities | 3.58M | 4.37M | 4.2M | 4.34M | 4.6M | 8.58M | 3.27M | 3.94M | 4.24M | 9.19M | 4.47M | 5.01M | 5.22M | 9.83M | 5.17M | 4.9M | 5.69M | 10.19M | 5.63M | 5.47M |
| Accounts Payable | 418K | 702K | 546K | 667K | 767K | 733K | 769K | 583K | 710K | 1.1M | 989K | 782K | 1.06M | 1.01M | 937K | 1.1M | 956K | 1.09M | 839K | 1.35M |
| Days Payables Outstanding | 24.77 | 23.95 | 25.63 | 29.06 | 26.23 | 27.18 | 26.93 | 20.15 | 33.31 | 31.98 | 28.75 | 32.66 | 37.19 | 31.52 | 36.17 | 38.27 | 39.13 | 33.28 | 37.81 | 39.44 |
| Short-Term Debt | 268K | 257K | 255K | 0 | 0 | 0 | 188K | 132K | 0 | 0 | 0 | 0 | 0 | 0 | 271K | 254K | 0 | 0 | 376K | 0 |
| Deferred Revenue (Current) | 1.59M | 1.85M | 1.96M | 2.04M | 2.01M | 1.28M | 849K | 1.42M | 1.91M | 1.4M | 1.52M | 2.28M | 2.53M | 1.72M | 1.99M | 1.9M | 2.77M | 1.71M | 2.15M | 1.12M |
| Other Current Liabilities | 1.3M | 1.56M | 1.43M | 1.32M | 0 | 0 | 591K | 1.8M | 1.48M | 6.5M | 135K | 1.7M | 1.36M | 6.82M | 1.07M | 1.65M | 0 | 0 | 1.23M | 0 |
| Current Ratio | 4.66x | 3.89x | 3.83x | 3.53x | 3.25x | 2.13x | 5.78x | 4.66x | 4.15x | 2.29x | 4.41x | 3.70x | 3.47x | 2.19x | 3.92x | 3.81x | 3.18x | 2.11x | 3.64x | 3.43x |
| Quick Ratio | 4.66x | 3.89x | 3.83x | 3.53x | 3.25x | 2.13x | 5.78x | 4.66x | 4.15x | 2.29x | 4.41x | 3.70x | 3.47x | 2.19x | 3.92x | 3.81x | 3.18x | 2.11x | 3.64x | 3.43x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 2.4M | 2.6M | 2.92M | 2.85M | 3.06M | 3.76M | 3.13M | 2.67M | 2.62M | 2.62M | 2.66M | 2.5M | 2.61M | 2.68M | 2.76M | 2.84M | 3.12M | 3.56M | 3.77M | 3.59M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 530K | 597K | 674K | 649K | 726K | 602K | 637K | 327K | 347K | 381K | 424K | 419K | 478K | 549K | 615K | 649K | 833K | 990K | 1.1M | 1.18M |
| Deferred Tax Liabilities | 370K | 388K | 413K | 428K | 537K | 513K | 40K | 53K | 59K | 69K | 80K | 85K | 96K | 105K | 112K | 112K | 127K | 144K | 157K | 170K |
| Other Non-Current Liabilities | 1.33M | 1.41M | 1.6M | 1.46M | 1.35M | 2.35M | 2.35M | 2.18M | 2.1M | 2.09M | 2.06M | 1.91M | 1.94M | 1.91M | 1.93M | 1.91M | 1.92M | 2.13M | 2.36M | 2.18M |
| Total Liabilities | 5.98M | 6.97M | 7.12M | 7.18M | 7.66M | 12.34M | 6.41M | 6.6M | 6.87M | 11.8M | 7.14M | 7.51M | 7.83M | 12.51M | 7.94M | 7.74M | 8.8M | 13.76M | 9.4M | 9.06M |
| Total Debt | 798K | 854K | 929K | 961K | 1.03M | 789K | 825K | 459K | 493K | 566K | 642K | 672K | 754K | 824K | 886K | 903K | 1.18M | 1.36M | 1.47M | 1.55M |
| Net Debt | -2.28M | -2.84M | -7.19M | -4.23M | -1.72M | -2.54M | -3.63M | -2.27M | -2.68M | -4.18M | -2.32M | -1.9M | -5.37M | -6.01M | -4.38M | -2.75M | -3.73M | -4.04M | -2.71M | -4.97M |
| Debt / Equity | 0.03x | 0.04x | 0.04x | 0.04x | 0.05x | 0.04x | 0.03x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.04x | 0.06x | 0.07x | 0.06x | 0.07x |
| Debt / EBITDA | 1.06x | 0.86x | 1.06x | 1.39x | 2.98x | 1.78x | 0.60x | 0.58x | 0.44x | 0.44x | 0.53x | 0.53x | 0.67x | 0.61x | 0.70x | 0.63x | 0.88x | 0.82x | 0.88x | 0.88x |
| Net Debt / EBITDA | -3.03x | -2.87x | -8.22x | -6.10x | -4.99x | -5.73x | -2.66x | -2.88x | -2.40x | -3.24x | -1.93x | -1.51x | -4.77x | -4.44x | -3.45x | -1.93x | -2.76x | -2.42x | -1.61x | -2.81x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 19.25x | - | - | 53.75x |
| Total Equity | 24.07M | 23.65M | 23.05M | 22.18M | 21.45M | 20.52M | 24.3M | 23.25M | 22.1M | 20.94M | 24.49M | 22.9M | 21.66M | 20.45M | 23.81M | 22.18M | 21.01M | 19.97M | 23.73M | 22.25M |
| Equity Growth % | 12.21% | 15.26% | -5.13% | -4.56% | -2.93% | -2.02% | -0.78% | 1.52% | 2.02% | 2.39% | 2.86% | 3.22% | 3.09% | 2.42% | 0.34% | -0.29% | 0.9% | 3.9% | 2.63% | 3.59% |
| Book Value per Share | 1.19 | 1.16 | 1.11 | 1.07 | 1.04 | 1.00 | 1.17 | 1.12 | 1.07 | 1.02 | 1.19 | 1.12 | 1.06 | 1.00 | 1.17 | 1.09 | 1.03 | 0.98 | 1.17 | 1.10 |
| Total Shareholders' Equity | 24.07M | 23.65M | 23.05M | 22.18M | 21.45M | 20.52M | 24.3M | 23.25M | 22.1M | 20.94M | 24.49M | 22.9M | 21.66M | 20.45M | 23.81M | 22.18M | 21.01M | 19.97M | 23.73M | 22.25M |
| Common Stock | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K | 54K |
| Retained Earnings | -1.83M | -2.6M | -3.47M | -4.42M | -5.1M | -5.58M | -1.57M | -2.81M | -3.74M | -4.87M | -1.33M | -2.77M | -4.02M | -5.16M | -1.66M | -2.93M | -4.22M | -5.45M | -1.72M | -3.25M |
| Treasury Stock | -1.44M | -1.09M | -930K | -799K | -808K | -815K | -883K | -897K | -917K | -941K | -1.01M | -1.01M | -1.01M | -1.02M | -1.06M | -1.06M | -1.06M | -1.06M | -1.09M | -1.11M |
| Accumulated OCI | -781K | -738K | -625K | -624K | -630K | -1.03M | -1.21M | -958K | -1.11M | -1.08M | -1M | -1.09M | -1.01M | -1M | -1.07M | -1.35M | -1.16M | -913K | -836K | -750K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |