Medtronic Return On Assets from 2010 to 2024
| MDT Stock | USD 80.23 0.10 0.12% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.03873962 | Current Value 0.0368 | Quarterly Volatility 0.01178038 |
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.3 B, Interest Expense of 768 M or Total Revenue of 37.7 B, as well as many exotic indicators such as Price To Sales Ratio of 5.34, Dividend Yield of 0.0105 or PTB Ratio of 5.53. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
Medtronic | Return On Assets |
Latest Medtronic PLC's Return On Assets Growth Pattern
Below is the plot of the Return On Assets of Medtronic PLC over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Medtronic PLC's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Medtronic PLC's overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
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Return On Assets |
| Timeline |
Medtronic Return On Assets Regression Statistics
| Arithmetic Mean | 0.04 | |
| Geometric Mean | 0.04 | |
| Coefficient Of Variation | 30.01 | |
| Mean Deviation | 0.01 | |
| Median | 0.04 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0001 | |
| Range | 0.0277 | |
| R-Value | 0.49 | |
| Mean Square Error | 0.0001 | |
| R-Squared | 0.24 | |
| Significance | 0.07 | |
| Slope | 0 | |
| Total Sum of Squares | 0 |
Medtronic Return On Assets History
About Medtronic PLC Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Medtronic PLC income statement, its balance sheet, and the statement of cash flows. Medtronic PLC investors use historical funamental indicators, such as Medtronic PLC's Return On Assets, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may use each financial statement separately, they are all related. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Medtronic PLC's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Medtronic PLC Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Medtronic PLC. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.04 | 0.04 |
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When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.
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Is Medtronic PLC's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Medtronic PLC. If investors know Medtronic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Medtronic PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.078 | Dividend Share 2.75 | Earnings Share 3.15 | Revenue Per Share 24.298 | Quarterly Revenue Growth 0.047 |
The market value of Medtronic PLC is measured differently than its book value, which is the value of Medtronic that is recorded on the company's balance sheet. Investors also form their own opinion of Medtronic PLC's value that differs from its market value or its book value, called intrinsic value, which is Medtronic PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Medtronic PLC's market value can be influenced by many factors that don't directly affect Medtronic PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Medtronic PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Medtronic PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Medtronic PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.