MDNC (Medinotec) Other Current Assets: $0.09 Mil (As of May. 2026)

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MDNC Medinotec Inc MDNC
24 GF Score
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What is Medinotec Other Current Assets?

Medinotec MDNC 24 Other Current Assets is $0.09 Mil as of May. 2026. GuruFocus rates MDNC with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Medinotec's other current assets for the quarter that ended in May. 2026 was $0.09 Mil.

Medinotec's quarterly other current assets declined from Nov. 2025 ($0.12 Mil) to Feb. 2026 ($0.05 Mil) but then increased from Feb. 2026 ($0.05 Mil) to May. 2026 ($0.09Mil).

Medinotec's annual other current assets increased from Feb. 2024 ($0.04 Mil) to Feb. 2025 ($0.05 Mil) increased from Feb. 2025 ($0.05 Mil) to Feb. 2026 ($0.05 Mil).


Medinotec Other Current Assets Related Terms


Medinotec Other Current Assets Historical Data

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The historical data trend for Medinotec's Other Current Assets 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 Other Current Assets Chart

Medinotec Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Other Current Assets
0.11 0.17 0.04 0.05 0.05

Medinotec Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Other Current Assets 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 Premium Member Only 0.19 0.14 0.12 0.05 0.09
MDNC
24GF Score
Medinotec Inc MDNC
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Medinotec Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $0.09 Mil mean?
Medinotec (MDNC) has a Other Current Assets of $0.09 Mil as of May. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Medinotec.
Is Medinotec's Other Current Assets too high?
Medinotec's current Other Current Assets 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 Other Current Assets compare to NVNO and APYX?
Medinotec's Other Current Assets 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 Other Current Assets for a Medical Devices & Instruments company?
A good Other Current Assets depends on the Medical Devices & Instruments industry context. However, Other Current Assets 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 Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Medinotec. Medinotec's current Other Current Assets 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 Other Current Assets of $0.09 Mil. The current Other Current Assets is $0.09 Mil. Medinotec's overall GF Score™ is 24/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Medinotec (MDNC), the current Other Current Assets is $0.09 Mil as of May. 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.
24GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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