Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026)

Medinotec has reported Asset Utilization Ratio for 4 years, with the latest figure at 1.42 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 5.25% year-over-year to 1.42; the trailing twelve-month figure through Feb 2026 stood at 1.42 (down 5.25% YoY), and the FY2026 full-year result was 1.43, down 8.98% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 1.42, down from 1.73 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 1.73 in Q4 2025, with the low at 0.21 in Q1 2023.
• Historically, Asset Utilization Ratio has averaged 1.12 across 4 years, with a median of 1.41 in 2025.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio surged 447.16% — and 2026, when it fell 5.25%.
• Medinotec's Asset Utilization Ratio stood at 0.68 in 2023, then surged by 116.14% to 1.48 in 2024, then grew by 17.05% to 1.73 in 2025, then fell by 17.64% to 1.42 in 2026.
• The last three Asset Utilization Ratio figures came in at 1.42 (Q1 2026), 1.73 (Q4 2025), and 1.66 (Q3 2025), per Business Quant data.