Medinotec Inc. (MDNC) Asset Utilization Ratio (2023 - 2026)
Medinotec's (MDNC) quarterly Asset Utilization Ratio came in at 1.49 in Q2 2026, up 5.25% YoY from 1.41 in Q2 2025, and up 4.31% on a QoQ basis from 1.42 in Q1 2026.
Medinotec Inc. (MDNC) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Medinotec (MDNC) has 4 years of Asset Utilization Ratio data on file, last reported at 1.49 in 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 advanced to 1.49 in Q2 2026, from 1.42 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.73 in Q4 2025 to a low of 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 fell 5.25%.
- Tracing MDNC's Asset Utilization Ratio over 4 years: 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 14.1% to 1.49 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.49 (Q2 2026), 1.42 (Q1 2026), and 1.73 (Q4 2025), per Business Quant data.
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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 |