Mind CTI LTD balance sheet

At the end of fiscal 2025, Mind CTI LTD had total assets of $30.2m, total liabilities of $7.1m and shareholders' equity of $23.0m. It held $8.1m in cash against $0 of debt: net cash of $8.1m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Mind CTI LTD: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	16	18	14	13	8	8	11	9	5	3	6	8	4	5	3	4	8
Receivables	—	2	2	1	1	3	2	1	1	—	—	—	—	2	2	2	2
Inventory	—	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—
Total current assets	—	23	22	21	21	21	21	21	19	19	19	20	21	20	20	19	16
Goodwill	—	5	5	5	5	5	5	5	5	5	8	8	8	8	8	8	10
Total assets	—	30	30	29	30	30	30	29	27	26	31	32	33	32	32	31	30
Accounts payable	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1	1	1
Deferred revenue (current)	—	3	3	2	5	4	4	4	4	2	2	2	2	2	2	1	2
Total current liabilities	—	5	5	4	6	6	6	5	5	3	6	6	6	5	4	3	4
Total debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	—	6	7	6	9	8	8	8	6	5	9	9	9	8	7	6	7
Shareholders' equity	23	24	23	23	21	22	22	21	21	21	22	23	24	24	24	24	23
Net debt (negative = net cash)	−16	−18	−14	−13	−8	−8	−11	−9	−5	−3	−6	−8	−4	−5	−3	−4	−8
Shares outstanding	—	—	—	—	—	—	19m	19m	19m	19m	20m	20m	20m	20m	20m	20m	20m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Mind CTI LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Mind CTI LTD.