Medtronic EBITDA Margin vs Asset Turnover Analysis

MDT Stock  USD 87.10  0.18  0.21%   
Trend analysis of Medtronic PLC balance sheet accounts such as Total Current Liabilities of 10.9 B provides information on Medtronic PLC's total assets, liabilities, and equity, which is the actual value of Medtronic PLC to its prevalent stockholders. By breaking down trends over time using Medtronic PLC balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

About Medtronic Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Medtronic PLC at a specified time, usually calculated after every quarter, six months, or one year. Medtronic PLC Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Medtronic PLC and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Medtronic currently owns. An asset can also be divided into two categories, current and non-current.

Medtronic PLC Balance Sheet Chart

Medtronic PLC Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Medtronic PLC uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Medtronic PLC's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 2.8 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 1.2 B in 2024.

Total Assets

Total assets refers to the total amount of Medtronic PLC assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Medtronic PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Medtronic PLC balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Medtronic PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from Medtronic PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medtronic PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.At this time, Medtronic PLC's Tax Provision is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 458.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 7.5 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit21.5B20.5B23.6B24.8B
Total Revenue31.7B31.2B35.9B37.7B

Medtronic PLC fundamental ratios Correlations

0.970.70.860.990.940.970.780.690.990.530.50.90.840.970.870.830.750.990.880.150.910.870.820.140.98
0.970.550.830.930.850.990.830.760.950.620.620.870.760.990.740.690.651.00.90.270.950.750.90.270.98
0.70.550.480.760.820.570.560.240.69-0.170.180.730.590.610.830.780.540.610.62-0.420.490.80.32-0.460.66
0.860.830.480.860.820.810.480.710.850.680.410.760.770.750.760.830.710.840.770.530.720.760.70.30.75
0.990.930.760.860.970.940.740.640.990.470.420.90.860.940.910.880.790.960.860.080.870.910.770.070.95
0.940.850.820.820.970.870.70.460.940.370.30.910.830.860.980.930.770.890.82-0.030.730.970.62-0.130.89
0.970.990.570.810.940.870.850.680.960.610.580.890.760.990.780.710.650.990.90.20.930.780.880.20.99
0.780.830.560.480.740.70.850.470.750.270.610.780.50.870.590.430.360.820.8-0.030.790.570.73-0.050.86
0.690.760.240.710.640.460.680.470.670.50.680.50.550.70.320.40.430.730.650.560.810.330.780.570.67
0.990.950.690.850.990.940.960.750.670.510.410.860.860.950.870.840.790.970.820.130.910.880.810.150.96
0.530.62-0.170.680.470.370.610.270.50.510.430.420.470.530.30.30.460.590.510.670.540.330.660.640.5
0.50.620.180.410.420.30.580.610.680.410.430.520.270.590.150.070.070.580.770.320.580.140.670.30.56
0.90.870.730.760.90.910.890.780.50.860.420.520.730.870.830.790.630.890.920.030.740.810.68-0.060.89
0.840.760.590.770.860.830.760.50.550.860.470.270.730.750.780.790.920.790.620.130.730.790.730.180.76
0.970.990.610.750.940.860.990.870.70.950.530.590.870.750.760.680.650.990.890.120.950.760.880.181.0
0.870.740.830.760.910.980.780.590.320.870.30.150.830.780.760.950.750.790.72-0.120.610.990.49-0.220.8
0.830.690.780.830.880.930.710.430.40.840.30.070.790.790.680.950.760.740.640.030.580.940.47-0.090.71
0.750.650.540.710.790.770.650.360.430.790.460.070.630.920.650.750.760.690.50.070.640.770.560.20.66
0.991.00.610.840.960.890.990.820.730.970.590.580.890.790.990.790.740.690.90.220.940.80.880.220.99
0.880.90.620.770.860.820.90.80.650.820.510.770.920.620.890.720.640.50.90.170.780.70.740.080.89
0.150.27-0.420.530.08-0.030.2-0.030.560.130.670.320.030.130.12-0.120.030.070.220.170.24-0.120.380.720.06
0.910.950.490.720.870.730.930.790.810.910.540.580.740.730.950.610.580.640.940.780.240.620.930.380.93
0.870.750.80.760.910.970.780.570.330.880.330.140.810.790.760.990.940.770.80.7-0.120.620.5-0.190.8
0.820.90.320.70.770.620.880.730.780.810.660.670.680.730.880.490.470.560.880.740.380.930.50.480.85
0.140.27-0.460.30.07-0.130.2-0.050.570.150.640.3-0.060.180.18-0.22-0.090.20.220.080.720.38-0.190.480.12
0.980.980.660.750.950.890.990.860.670.960.50.560.890.761.00.80.710.660.990.890.060.930.80.850.12
Click cells to compare fundamentals

Medtronic PLC Account Relationship Matchups

Medtronic PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.7B93.1B91.0B90.9B104.6B109.8B
Short Long Term Debt Total24.8B26.4B24.1B24.4B28.0B29.4B
Other Current Liab5.6B6.1B6.1B6.1B7.0B7.3B
Total Current Liabilities10.4B8.5B12.4B9.1B10.4B10.9B
Total Stockholder Equity50.7B51.4B52.6B51.5B59.2B62.2B
Property Plant And Equipment Net4.8B5.2B5.4B5.6B6.4B6.7B
Net Debt20.7B22.8B20.4B22.8B26.2B27.6B
Retained Earnings28.1B28.6B30.3B30.4B35.0B36.7B
Cash4.1B3.6B3.7B1.5B1.8B1.6B
Non Current Assets Total68.7B70.5B67.9B69.3B79.7B83.6B
Non Currrent Assets Other1.6B1.7B2.0B2.3B2.7B2.8B
Cash And Short Term Investments10.9B10.8B10.6B8.0B9.2B4.8B
Net Receivables4.6B5.5B5.6B6.0B6.9B7.2B
Common Stock Shares Outstanding1.4B1.4B1.4B1.3B1.5B1.2B
Liabilities And Stockholders Equity90.7B93.1B91.0B90.9B104.6B109.8B
Non Current Liabilities Total29.5B33.0B25.9B30.2B34.8B36.5B
Inventory4.2B4.3B4.6B5.3B6.1B6.4B
Other Current Assets2.2B2.0B2.3B2.4B2.8B2.9B
Other Stockholder Equity26.2B26.3B24.6B24.6B28.3B29.7B
Total Liab39.8B41.5B38.3B39.3B45.2B47.4B
Total Current Assets22.0B22.5B23.1B21.7B24.9B26.2B
Short Term Debt2.8B11M3.7B20M23M21.9M
Intangible Assets19.1B17.7B15.6B14.8B17.1B17.9B
Accounts Payable2.0B2.1B2.3B2.7B3.1B3.2B
Other Liab6.7B5.8B5.5B6.8B7.8B3.9B
Other Assets2.1B3.5B1M(1M)(1.2M)(1.1M)
Long Term Debt22.0B26.4B20.4B24.3B28.0B29.4B
Good Will39.8B42.0B40.5B41.4B47.6B50.0B
Short Term Investments6.8B7.2B6.9B6.4B7.4B5.0B
Accumulated Other Comprehensive Income(3.6B)(3.5B)(2.3B)(3.5B)(3.1B)(3.0B)
Common Stock134.1K134.5K133.1K133.1K119.8K113.8K
Property Plant Equipment4.8B6.2B5.4B6.6B7.6B8.0B
Property Plant And Equipment Gross5.8B5.2B13.4B14.1B16.2B17.0B
Short Long Term Debt2.8B11M3.7B20M18M17.1M
Net Tangible Assets50.7B(8.3B)(3.5B)51.5B59.2B62.2B
Deferred Long Term Liab1.2B1.0B884M708M637.2M605.3M
Noncontrolling Interest In Consolidated Entity135M174M171M182M209.3M123.1M

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Medtronic PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Medtronic Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Medtronic Plc Stock. Highlighted below are key reports to facilitate an investment decision about Medtronic Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.
Note that the Medtronic PLC information on this page should be used as a complementary analysis to other Medtronic PLC's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Medtronic Stock analysis

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.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
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.