Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026)
Medinotec's (MDNC) Asset Utilization Ratio was 1.49 for fiscal Q1 2027 (quarter ended May 31, 2026), up 5.3% from 1.41 a year earlier and up 4.3% from the prior quarter.
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Analysis
Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Asset Utilization Ratio at Medinotec was 1.43, down 9.0% from FY2025.
- By fiscal year, Asset Utilization Ratio came in at 1.57 in FY2025 (+45.3%), 1.08 in FY2024 (+214.1%) and 0.34 in FY2023.
- Five-year quarterly Asset Utilization Ratio spans a low of 0.21 in fiscal Q4 2023 and a high of 1.73 in fiscal Q3 2026.
- Year over year, Asset Utilization Ratio gained in seven of the last eight quarters, with growth averaging 74.3%.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q4 2024 (growth of 447.2%); the low point was fiscal Q4 2026 (a decline of 5.3%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 1.42 (Q4 2026), 1.73 (Q3 2026) and 1.66 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 0.47 |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 0.48 |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 0.46 |
| 10 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | 1.49 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.49 |
| Feb 28, 2026 | 1.42 |
| Nov 30, 2025 | 1.73 |
| Aug 31, 2025 | 1.66 |
| May 31, 2025 | 1.41 |
| Feb 28, 2025 | 1.50 |
| Nov 30, 2024 | 1.48 |
| Aug 31, 2024 | 1.52 |
| May 31, 2024 | 1.28 |
| Feb 29, 2024 | 1.14 |
| Nov 30, 2023 | 0.68 |
| Aug 31, 2023 | 0.30 |
| May 31, 2023 | 0.27 |
| Feb 28, 2023 | 0.21 |
API Access
Medinotec Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MDNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MDNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();