Medinotec (MDNC) Interest Coverage Ratio (2022 - 2026)
Medinotec's (MDNC) quarterly Interest Coverage Ratio came in at 26.34 in Q2 2026, up 203.02% on a YoY basis from 8.69 in Q2 2025, and up 182.53% quarter-over-quarter from 31.91 in Q1 2026.
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Medinotec (MDNC) Interest Coverage Ratio (2022 - 2026) Analysis & Trends
Medinotec (MDNC) has reported Interest Coverage Ratio for 5 consecutive years, with 26.34 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 203.02% year-over-year to 26.34; the trailing twelve-month figure through May 2026 stood at 15.96 (down 25.04% YoY), and the FY2026 full-year result was 12.5, down 30.93% from the prior year.
- Interest Coverage Ratio rose to 26.34 in Q2 2026 per MDNC's latest filing, from 31.91 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 77.67 in Q4 2025 and bottomed at 31.91 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 9.56 across 5 years, with a median of 2.18 in 2022.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 3058.01% in 2024, then soared 2213.68% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 0.39 in 2022, then tumbled by 1081.64% to 3.87 in 2023, then surged by 414.43% to 12.15 in 2024, then surged by 539.1% to 77.67 in 2025, then tumbled by 66.09% to 26.34 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 26.34, 31.91, and 77.67 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 4.82 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | - |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 9.48 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 11.77 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 12.27 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | - |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.21 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | - |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 18.09 |
| 10 | Medinotec | 58.78 Mn | 58.19 Mn | 1.31 Mn | 26.34 |
Historic Data
Download Data
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 |
| Feb 28, 2022 | -14.43 |