Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026)
Medinotec (MDNC) posted Asset Utilization Ratio of 1.49 for Q2 2026, up 4.31% on a QoQ basis from 1.42 in Q1 2026, and up 5.25% year-over-year from 1.41 in Q2 2025.
Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Medinotec's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 1.49 for Q2 2026.
- Quarterly Asset Utilization Ratio rose 5.25% year-over-year to 1.49 in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.49 (up 5.25% YoY) and the FY2026 annual result came in at 1.43, down 8.98% from the prior year.
- Asset Utilization Ratio was 1.49 for Q2 2026 at Medinotec, up from 1.42 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.73 in Q4 2025 and bottomed at 0.21 in Q1 2023.
- A 4-year average of 1.15 and a median of 1.42 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio surged 447.16% — and 2026, when it slipped 5.25%.
- Medinotec's Asset Utilization Ratio stood at 0.68 in 2023, then jumped by 116.14% to 1.48 in 2024, then rose by 17.05% to 1.73 in 2025, then decreased by 14.1% to 1.49 in 2026.
- Business Quant data shows MDNC's Asset Utilization Ratio at 1.49 in Q2 2026, 1.42 in Q1 2026, and 1.73 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 0.47 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 0.74 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.65 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.57 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | Medinotec | 58.78 Mn | 58.19 Mn | 1.31 Mn | 1.49 |
Historic Data
Download 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 |