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MIND TECHNOLOGIES : revenue, balance sheet and financial ratios

MIND TECHNOLOGIES is a French company founded 29 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in PARIS (75012), this company of category ETI shows in 2018 a revenue of 3.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MIND TECHNOLOGIES (SIREN 409180148)
Indicator 2019 2018
Revenue N/C 3 932 454 €
Net income 255 520 € 578 876 €
EBITDA N/C 524 671 €
Net margin N/C 14.7%

Revenue and income statement

In 2019, MIND TECHNOLOGIES generates positive net income of 256 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2019: 579 k€ -> 256 k€.

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

255 520 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 7%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

6.963%

Financial autonomy (2019) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

36.683%

Asset age ratio (2019) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

46.4%

Solvency indicators evolution
MIND TECHNOLOGIES

Sector positioning

Debt ratio
6.96 2019
2018
2019
Q1: 0.0
Med: 2.98
Q3: 32.2
Average +28 pts over 2 years

In 2019, the debt ratio of MIND TECHNOLOGIES (6.96) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
36.68% 2019
2018
2019
Q1: 5.55%
Med: 32.65%
Q3: 59.08%
Good -11 pts over 2 years

In 2019, the financial autonomy of MIND TECHNOLOGIES (36.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-0.0 years 2018
2018
Q1: 0.0 years
Med: 0.0 years
Q3: 0.4 years
Excellent

In 2018, the repayment capacity of MIND TECHNOLOGIES (-0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 218.66. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2019) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

218.661

Liquidity indicators evolution
MIND TECHNOLOGIES

Sector positioning

Liquidity ratio
218.66 2019
2018
2019
Q1: 138.74
Med: 220.99
Q3: 396.62
Average -11 pts over 2 years

In 2019, the liquidity ratio of MIND TECHNOLOGIES (218.66) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.01x 2018
2018
Q1: 0.0x
Med: 0.0x
Q3: 0.61x
Good

In 2018, the interest coverage of MIND TECHNOLOGIES (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2019) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2019) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2019) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

0 j

Inventory turnover (2019) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
MIND TECHNOLOGIES

Positioning of MIND TECHNOLOGIES in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 236 528€ to 1 224 999€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2019
Indicative
236k€ 393k€ 1224k€
393 222 € Range: 236 528€ - 1 224 999€
NAF 5 année 2019

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 25 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Conseil en systèmes et logiciels informatiques)

Compare MIND TECHNOLOGIES with other companies in the same sector:

Frequently asked questions about MIND TECHNOLOGIES

What is the revenue of MIND TECHNOLOGIES ?

The revenue of MIND TECHNOLOGIES in 2018 is 3.9 M€.

Is MIND TECHNOLOGIES profitable?

Yes, MIND TECHNOLOGIES generated a net profit of 256 k€ in 2019.

Where is the headquarters of MIND TECHNOLOGIES ?

The headquarters of MIND TECHNOLOGIES is located in PARIS (75012), in the department Paris.

Where to find the tax return of MIND TECHNOLOGIES ?

The tax return of MIND TECHNOLOGIES is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does MIND TECHNOLOGIES operate?

MIND TECHNOLOGIES operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.