Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026)
Medinotec's (MDNC) quarterly Asset Utilization Ratio came in at 1.49 in Q2 2026, up 5.25% on a YoY basis from 1.41 in Q2 2025, and up 4.31% quarter-over-quarter from 1.42 in Q1 2026.
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Medinotec (MDNC) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Medinotec (MDNC) has reported Asset Utilization Ratio for 4 consecutive years, with 1.49 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 5.25% year-over-year to 1.49; the trailing twelve-month figure through May 2026 stood at 1.49 (up 5.25% YoY), and the FY2026 full-year result was 1.43, down 8.98% from the prior year.
- Asset Utilization Ratio rose to 1.49 in Q2 2026 per MDNC's latest filing, 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.
- Historically, Asset Utilization Ratio has averaged 1.15 across 4 years, with a median of 1.42 in 2025.
- The sharpest annual moves came in 2024 and 2026: Asset Utilization Ratio soared 447.16% in 2024, then retreated 5.25% in 2026.
- Over 4 years, 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.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.49, 1.42, and 1.73 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 0.42 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 0.54 |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 0.40 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 0.55 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 0.47 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 0.48 |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.34 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 0.76 |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 0.56 |
| 10 | Medinotec | 58.78 Mn | 58.19 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 |