Medinotec (MDNC) Debt Ratio (2022 - 2026)
Medinotec's Debt Ratio was 0.00 in fiscal Q2 2027 (quarter ended Aug 31, 2026), up 2.8% from 0.00 a year earlier and up 1.1% from the prior quarter.
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Analysis
Medinotec (MDNC) Debt Ratio (2022 - 2026) Analysis & Trends
From fiscal Q4 2022 onward, Medinotec has reported Debt Ratio for 14 quarters.
- Debt Ratio has now declined for four consecutive fiscal years.
- In earlier fiscal years, Debt Ratio was 0.14 in FY2025 (-62.5%), 0.37 in FY2024 (-11.2%), 0.41 in FY2023 (-70.5%) and 1.41 in FY2022.
- Quarterly Debt Ratio has moved between 0.00 (fiscal Q3 2026) and 1.41 (fiscal Q4 2022) over five years.
- Compared with a year earlier, Debt Ratio was higher in 1 of the last four quarters, with an average decline of 64.9%.
- Per Business Quant data, MDNC's Debt Ratio in the three fiscal quarters before Q2 2027 was 0.00 (Q1 2027), 0.00 (Q4 2026) and 0.00 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 252.63 Bn | 231.66 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 175.75 Bn | 146.18 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 163.32 Bn | 147.13 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 155.50 Bn | 134.93 Bn | 1.96 Bn | - |
| 5 | Medtronic | 121.54 Bn | 86.79 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 117.02 Bn | 103.14 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 66.56 Bn | 61.33 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 54.19 Bn | 51.34 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 51.52 Bn | 35.53 Bn | 1.35 Bn | 0.04 |
| 10 | Medinotec | 58.78 Mn | 50.04 Mn | 1.56 Mn | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.00 |
| May 31, 2026 | 0.00 |
| Feb 28, 2026 | 0.00 |
| Nov 30, 2025 | 0.00 |
| Aug 31, 2025 | 0.00 |
| May 31, 2025 | 0.13 |
| Feb 28, 2025 | 0.14 |
| Feb 29, 2024 | 0.37 |
| Nov 30, 2023 | 0.40 |
| Aug 31, 2023 | 0.45 |
| May 31, 2023 | 0.42 |
| Feb 28, 2023 | 0.41 |
| Nov 30, 2022 | 0.31 |
| Feb 28, 2022 | 1.41 |
API Access
Medinotec Debt 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=debt-ratio&ticker=MDNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-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=debt-ratio&ticker=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();