MDNC (Medinotec) Interest Expense: $-0.09 Mil (TTM As of Feb. 2026)


MDNC Medinotec Inc MDNC
24 GF Score
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What is Medinotec Interest Expense?

Medinotec MDNC 24 Interest Expense is $-0.09 Mil as of Feb. 2026. GuruFocus rates MDNC with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Medinotec's interest expense for the three months ended in Feb. 2026 was $ -0.01 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was $-0.09 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Medinotec's Operating Income for the three months ended in Feb. 2026 was $ -0.26 Mil. Medinotec's Interest Expense for the three months ended in Feb. 2026 was $ -0.01 Mil. Medinotec did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Medinotec  (OTCPK:MDNC) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Medinotec's Interest Expense for the three months ended in Feb. 2026 was $-0.01 Mil. Its Operating Income for the three months ended in Feb. 2026 was $-0.26 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was $0.00 Mil.

Medinotec's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Medinotec did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Medinotec Interest Expense Historical Data

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The historical data trend for Medinotec's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Medinotec Interest Expense Chart

Medinotec Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Interest Expense
0.00 -0.23 -0.28 -0.18 -0.09

Medinotec Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 -0.03 -0.04 -0.01 -0.01
MDNC
24GF Score
Medinotec Inc MDNC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Medinotec Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.09 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.09 Mil mean?
Medinotec (MDNC) has a Interest Expense of $-0.09 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Medinotec and its competitors.
Is Medinotec's Interest Expense too high?
Medinotec's current Interest Expense is $-0.09 Mil. Overall, Medinotec has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Medinotec's Interest Expense compare to NVNO and APYX?
Medinotec's Interest Expense of $-0.09 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Medical Devices & Instruments company?
A good Interest Expense depends on the Medical Devices & Instruments industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Medinotec and its competitors. Medinotec's current Interest Expense is $-0.09 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medinotec stock overvalued right now?
Medinotec (MDNC) has a current Interest Expense of $-0.09 Mil. The current Interest Expense is $-0.09 Mil. Medinotec's overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Medinotec (MDNC), the current Interest Expense is $-0.09 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Medinotec Business Description

Address Stand 299 Avant Garde Avenue, 10 New Market Street, Northlands Deco Park, North Riding, Johannesburg, GT, ZAF, 2169
Medinotec Inc is a medical device manufacturing and distribution company engaged in tracheal non-occlusive airway dilation technology and medical device design. It generates revenue from two sources: internally designed and manufactured medical devices and distribution of third-party medical products under exclusive or non-exclusive agreements in defined territories. Its products include the Trachealator, the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. It also distributes a range of cardiology and renal dialysis products on behalf of multinational manufacturers, mainly in South Africa. Its segments are Inside the United States and Outside the United States, with Outside the United States generating maximum revenue.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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