Medinotec Inc 's Cash & cash equivalent grew by 2.59 % in the Q2 2026 sequentially, while Current Liabilities decreased, this led to improvement in Medinotec Inc 's Quick Ratio to 2.68, Quick Ratio remained below Medinotec Inc average.

Within Medical Equipment & Supplies industry 67 other companies have achieved higher Quick Ratio than Medinotec Inc in second quarter 2026. While Quick Ratio total ranking has improved so far during the Q2 2026 to 1260, from total ranking in the first quarter 2026 at 1761.

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MDNC Quick Ratio	(Aug 31 2026) Q2	(May 31 2026) Q1	(Feb 28 2026) Q4	(Nov 30 2025) Q3	(Aug 31 2025) Q2
Y / Y Current Liabilities Change	-36.02 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent Change	14.95 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio MRQ	2.68	Subscribe	Subscribe	Subscribe	Subscribe
MDNC's Total Ranking	# 1260	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities Change	-17.73 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent Change	2.59 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick Ratio second quarter 2026 Company Ranking
Within:	No.
Medical Equipment & Supplies Industry	# 68
Healthcare Sector	# 428
Overall Market	# 1199

Quick Ratio Statistics
High	Average	Low
36.11	7.74	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	(Aug 31 2026) 12 Months	(May 31 2026) 12 Months	(Feb 28 2026) 12 Months	(Nov 30 2025) 12 Months	(Aug 31 2025) 12 Months
Y / Y Current Liabilities TTM Growth	-27.65 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent TTM Growth	11.11 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio TTM	2.27	Subscribe	Subscribe	Subscribe	Subscribe
Total Ranking TTM	# 923	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities TTM Growth	-10.31 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent TTM Growth	3.24 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick ratio ranking by company, industry and sector >> Back to MDNC Financial Strength Comparisons >> Go to Compare MDNC Quick Ratio to its Competitors

On the trailing twelve months basis MDNC Cash & cash equivalent increased by 14.95 % in Q2 2026 year on year, while Current Liabilities faded to $1 millions, this led to increase in in Medinotec Inc 's Quick Ratio to 2.27, 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 overall ranking has improved so far to 0, from total ranking during the twelve months ending first quarter 2026 at 3868.

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TTM Quick Ratio Company Ranking
Within:	No.
Within the Medical Equipment & Supplies Industry	# 199
Healthcare Sector	# 880
Within the Market	#

trailing twelve months Quick Ratio Statistics
High	Average	Low
6.2	2.57	1.47
(Feb 29 2024)		(Nov 30 2025)

Companies with similar Quick Ratio in the quarter ending Aug 31 2026, within Medical Equipment & Supplies Industry	Quick Ratio	Aug 31 2026 MRQ Cash & cash equivalent	Aug 31 2026 MRQ Current Liabilities
Envveno Medical Corporation	7.13	$ 18.472 Millions	$ 2.589 Millions
Ceribell Inc	6.51	$ 117.467 Millions	$ 18.034 Millions
Iradimed Corporation	6.13	$ 63.288 Millions	$ 10.323 Millions
Perspective Therapeutics Inc	5.09	$ 201.695 Millions	$ 39.602 Millions
Clearpoint Neuro Inc	4.68	$ 46.184 Millions	$ 9.869 Millions
Cvrx inc	4.67	$ 58.746 Millions	$ 12.583 Millions
Dexcom Inc	4.25	$ 964.800 Millions	$ 227.000 Millions
Innovative Eyewear Inc	3.86	$ 3.197 Millions	$ 0.829 Millions
Sight Sciences Inc	3.84	$ 77.402 Millions	$ 20.137 Millions
Profound Medical Corp	3.41	$ 33.343 Millions	$ 9.771 Millions
Rxsight Inc	3.40	$ 254.683 Millions	$ 74.952 Millions
Omada Health Inc	3.23	$ 243.151 Millions	$ 75.379 Millions
Transmedics Group Inc	3.22	$ 492.962 Millions	$ 152.857 Millions
Procept Biorobotics Corporation	3.10	$ 218.369 Millions	$ 70.353 Millions
Outset Medical Inc	3.07	$ 136.627 Millions	$ 44.453 Millions
Sharps Technology Inc	2.82	$ 7.478 Millions	$ 2.650 Millions
Edwards Lifesciences Corporation	2.81	$ 4,683.700 Millions	$ 1,664.300 Millions
Mimedx Group Inc	2.81	$ 120.791 Millions	$ 43.031 Millions
Pulse Biosciences Inc	2.74	$ 36.725 Millions	$ 13.395 Millions
Staar Surgical Co	2.73	$ 206.414 Millions	$ 75.541 Millions
Medinotec Inc	2.68	$ 2.584 Millions	$ 0.963 Millions
Glaukos Corp	2.66	$ 337.478 Millions	$ 126.726 Millions
Pulmonx Corporation	2.57	$ 53.245 Millions	$ 20.739 Millions
Beta Bionics Inc	2.48	$ 81.551 Millions	$ 32.836 Millions
Irhythm Holdings Inc	2.46	$ 560.719 Millions	$ 228.025 Millions
Genedx Holdings Corp	2.38	$ 170.118 Millions	$ 71.403 Millions
Apyx Medical Corp	2.37	$ 25.777 Millions	$ 10.870 Millions
Atricure Inc	2.23	$ 187.031 Millions	$ 83.972 Millions
Inspire Medical Systems inc	1.96	$ 190.803 Millions	$ 97.438 Millions
Merit Medical Systems Inc	1.90	$ 503.551 Millions	$ 265.083 Millions

Date modified: 2026-10-09T04:24:49+00:00

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