Medinotec (MDNC) Interest Coverage Ratio (2022 - 2026)
Medinotec's (MDNC) Interest Coverage Ratio stood at 26.34 in fiscal Q1 2027 (quarter ended May 31, 2026), up 203.0% from 8.69 a year earlier.
Medinotec (MDNC) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
On a TTM basis, Medinotec's Interest Coverage Ratio came in at 15.96 as of May 31, 2026, down 25.0% year-over-year; for FY2026 (ended Feb 28, 2026), it was 12.50, down 30.9% from FY2025.
- Across earlier fiscal years, Interest Coverage Ratio came in at 18.09 in FY2025 (+735.1%), 2.17 in FY2024, -31.41 in FY2023 and -14.43 in FY2022.
- Quarterly Interest Coverage Ratio has ranged from -31.91 in fiscal Q4 2026 to 77.67 in fiscal Q3 2026 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at -31.91 (Q4 2026), 77.67 (Q3 2026) and 13.12 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | - |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 12.27 |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 5.02 |
| 10 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | 26.34 |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 26.34 |
| Feb 28, 2026 | -31.91 |
| Nov 30, 2025 | 77.67 |
| Aug 31, 2025 | 13.12 |
| May 31, 2025 | 8.69 |
| Feb 28, 2025 | 70.20 |
| Nov 30, 2024 | 12.15 |
| Aug 31, 2024 | 9.25 |
| May 31, 2024 | 4.64 |
| Feb 29, 2024 | 3.32 |
| Nov 30, 2023 | 3.87 |
| Aug 31, 2023 | 0.79 |
| May 31, 2023 | 0.62 |
| Feb 28, 2023 | -0.11 |
| Nov 30, 2022 | 0.39 |
| Aug 31, 2022 | -3.23 |
| May 31, 2022 | -1.13 |
Medinotec Interest Coverage 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=interest-coverage-ratio&ticker=MDNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();