Medtronic EPS Diluted Growth vs Gross Margin Analysis

MDT Stock  USD 86.92  3.22  3.85%   
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

Medtronic PLC Investors Sentiment

The influence of Medtronic PLC's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Medtronic. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Medtronic PLC's public news can be used to forecast risks associated with an investment in Medtronic. The trend in average sentiment can be used to explain how an investor holding Medtronic can time the market purely based on public headlines and social activities around Medtronic PLC. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Medtronic PLC's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Medtronic PLC's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Medtronic PLC's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Medtronic PLC.

Medtronic PLC Implied Volatility

    
  28.21  
Medtronic PLC's implied volatility exposes the market's sentiment of Medtronic PLC stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Medtronic PLC's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Medtronic PLC stock will not fluctuate a lot when Medtronic PLC's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Medtronic PLC in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Medtronic PLC's short interest history, or implied volatility extrapolated from Medtronic PLC options trading.

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 Transaction History module to view history of all your transactions and understand their impact on performance.

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.
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
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.