Medinotec Inc Quick Ratio (MDNC) starting from the first quarter 2026 to first quarter 2025, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Medinotec Inc   (MDNC)

Medinotec Inc 's Quick Ratio

MDNC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2026, Quick Ratio fell to 2.15 below Medinotec Inc average.

Within Medical Equipment & Supplies industry 74 other companies have achieved higher Quick Ratio than Medinotec Inc in first quarter 2026. While Quick Ratio total ranking in the first quarter 2026 has deteriorated compared to the prior quarter from 974 to 1123.

Explain Quick Ratio?
How much Cash & cash equivalents MDNC´s has?
What are MDNC´s Current Liabilities?




MDNC Quick Ratio (May 31 2026)
Q1
(Feb 28 2026)
Q4
(Nov 30 2025)
Q3
(Aug 31 2025)
Q2
(May 31 2025)
Q1
Y / Y Current Liabilities Change -43.2 % -26.45 % 83.89 % -2.14 % 176.21 %
Y / Y Cash & cash equivalent Change 29.11 % -0.46 % -1.4 % -18.5 % -22.56 %
Quick Ratio MRQ 2.15 2.54 1.88 1.49 0.95
MDNC's Total Ranking # 1123 # 974 # 14 # 1018 # 54
Seq. Current Liabilities Change 7.77 % -26.45 % -1.89 % -26.96 % 39.55 %
Seq. Cash & cash equivalent Change -8.64 % -0.46 % 23.2 % 15.24 % -29.56 %



Quick Ratio first quarter 2026 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 75
Healthcare Sector # 476
Overall Market # 1123


Quick Ratio Statistics
High Average Low
36.11 7.79 0.6
(Feb 28 2023)   (Feb 28 2022)




Financial Statements
Medinotec Inc 's Current Liabilities $ 1 Millions Visit MDNC's Balance sheet
Medinotec Inc 's Cash & cash equivalent $ 3 Millions Visit MDNC's Balance sheet
Source of MDNC's Sales Visit MDNC's Sales by Geography


Cumulative Medinotec Inc 's Quick Ratio

MDNC's Quick Ratio for the trailling 12 Months

MDNC Quick Ratio

(May 31 2026)
12 Months
(Feb 28 2026)
12 Months
(Nov 30 2025)
12 Months
(Aug 31 2025)
12 Months
(May 31 2025)
12 Months
Y / Y Current Liabilities TTM Growth -10.89 % 34.29 % 67.58 % 76.88 % 210.93 %
Y / Y Cash & cash equivalent TTM Growth 0.06 % -10.41 % -10.62 % 18.98 % 23.98 %
Quick Ratio TTM 1.96 1.59 1.49 1.67 1.75
Total Ranking TTM # 3868 # 3070 # 93 # 2555 # 2803
Seq. Current Liabilities TTM Growth -14.53 % -5.99 % 11.52 % -0.56 % 28.81 %
Seq. Cash & cash equivalent TTM Growth 5.84 % -0.13 % -0.4 % -4.96 % -5.23 %


On the trailing twelve months basis MDNC Cash & cash equivalent grew by 29.11 % in Q1 2026 year on year, while Current Liabilities rose to $1 millions, this led to increase in in Medinotec Inc 's Quick Ratio to 1.96, Quick Ratio remained below MDNC average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Medical Equipment & Supplies industry 198 other companies have achieved higher Quick Ratio than Medinotec Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2026 from 3070 to 3868.

Explain Quick Ratio?
How much Cash & cash equivalents MDNC´s has?
What are MDNC´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 199
Healthcare Sector # 883
Within the Market # 3868


trailing twelve months Quick Ratio Statistics
High Average Low
8.06 2.94 1.47
(Feb 29 2024)   (Nov 30 2025)




Companies with similar Quick Ratio in the quarter ending May 31 2026, within Medical Equipment & Supplies Industry Quick RatioMay 31 2026 MRQ Cash & cash equivalentMay 31 2026 MRQ Current Liabilities
Si bone inc   5.89 $ 141.519  Millions$ 24.042  Millions
Dexcom Inc   5.84 $ 1,107.000  Millions$ 189.500  Millions
Cvrx inc   5.78 $ 64.586  Millions$ 11.177  Millions
Carlsmed Inc   5.67 $ 70.244  Millions$ 12.397  Millions
Profound Medical Corp   5.24 $ 38.271  Millions$ 7.304  Millions
Rxsight Inc   5.03 $ 404.247  Millions$ 80.444  Millions
Transmedics Group Inc   4.81 $ 472.675  Millions$ 98.283  Millions
Aethlon Medical Inc   4.76 $ 4.934  Millions$ 1.036  Millions
Bluejay Diagnostics Inc  4.53 $ 9.599  Millions$ 2.117  Millions
Hyperfine Inc   4.51 $ 43.458  Millions$ 9.629  Millions
Innovative Eyewear Inc   4.36 $ 2.455  Millions$ 0.563  Millions
Autonomix Medical Inc   4.23 $ 3.460  Millions$ 0.818  Millions
Sharps Technology Inc   4.16 $ 12.071  Millions$ 2.903  Millions
Trisalus Life Sciences Inc   4.14 $ 46.288  Millions$ 11.172  Millions
Kestra Medical Technologies Ltd   4.12 $ 198.911  Millions$ 48.269  Millions
Sight Sciences Inc   3.89 $ 79.753  Millions$ 20.499  Millions
Irhythm Holdings Inc   3.82 $ 839.951  Millions$ 219.981  Millions
Nutriband Inc   3.77 $ 3.422  Millions$ 0.907  Millions
Logicmark Inc  3.71 $ 6.596  Millions$ 1.779  Millions
Axogen inc   3.67 $ 111.412  Millions$ 30.374  Millions
Procept Biorobotics Corporation  3.60 $ 230.952  Millions$ 64.196  Millions
Heartbeam Inc   3.54 $ 8.700  Millions$ 2.460  Millions
Mimedx Group Inc   3.53 $ 135.839  Millions$ 38.498  Millions
Sensus Healthcare Inc   3.51 $ 15.186  Millions$ 4.327  Millions
Outset Medical Inc   3.35 $ 147.194  Millions$ 43.891  Millions
Inspiremd Inc   3.15 $ 30.421  Millions$ 9.646  Millions
Fractyl Health Inc   3.00 $ 47.140  Millions$ 15.736  Millions
Vivani Medical Inc   2.99 $ 19.894  Millions$ 6.659  Millions
Retractable Technologies Inc  2.98 $ 39.870  Millions$ 13.365  Millions
Neuropace Inc   2.97 $ 51.700  Millions$ 17.433  Millions

Date modified: 2026-07-10T05:52:43+00:00



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