MDNC (Medinotec) Tax Rate %: -6.73% (As of May. 2026)

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MDNC Medinotec Inc MDNC
24 GF Score
Price $5.00
! 1 Warning Sign
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What is Medinotec Tax Rate %?

Medinotec MDNC 24 Tax Rate % is -6.73% as of May. 2026. GuruFocus rates MDNC with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Medinotec's Tax Expense for the three months ended in May. 2026 was $-0.01 Mil. Medinotec's Pre-Tax Income for the three months ended in May. 2026 was $0.21 Mil. Therefore, Medinotec's Tax Rate % for the quarter that ended in May. 2026 was -6.73%.

Medinotec Tax Rate % Related Terms

Medinotec Tax Rate % Historical Data

* Premium members only.

The historical data trend for Medinotec's Tax Rate % 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 Tax Rate % Chart

Medinotec Annual Data
Trend Feb22 Feb23 Feb24 Feb25 Feb26
Tax Rate %
0.00 9.97 -59.45 28.60 25.72

Medinotec Quarterly Data
Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Tax Rate % 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 56.65 35.38 25.60 74.73 -6.73
MDNC
24GF Score
Medinotec Inc MDNC
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Medinotec Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Medinotec's Tax Rate % for the fiscal year that ended in Feb. 2026 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2026 )/Pre-Tax Income (A: Feb. 2026 )
=0.275/1.069
=25.72 %

Medinotec's Tax Rate % for the quarter that ended in May. 2026 is calculated as

Tax Rate %=Tax Expense (Q: May. 2026 )/Pre-Tax Income (Q: May. 2026 )
=-0.014/0.208
=-6.73 %

* 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 Tax Rate % →
What does a Tax Rate % of -6.73% mean?
Medinotec (MDNC) has a Tax Rate % of -6.73% as of May. 2026.
Is Medinotec's Tax Rate % too high?
Medinotec's current Tax Rate % is -6.73%. Overall, Medinotec has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Medinotec's Tax Rate % compare to NVNO and APYX?
Medinotec's Tax Rate % of -6.73% 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 Tax Rate % for a Medical Devices & Instruments company?
A good Tax Rate % depends on the Medical Devices & Instruments industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Medinotec's current Tax Rate % is -6.73%. 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 Tax Rate % of -6.73%. The current Tax Rate % is -6.73%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Medinotec (MDNC), the current Tax Rate % is -6.73% 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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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