Medtronic Balance Sheet Analysis

MDT Stock

USD 80.57 1.09 1.37%

Most accounts from Medtronic PLC's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Medtronic PLC Valuation and Medtronic PLC Correlation analysis.

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 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.

Net Receivables Accounts Payable

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 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	24.1B	24.4B	28.0B	29.4B
Total Assets	91.0B	90.9B	104.6B	109.8B

Short Long Term Debt Total Total Assets

Medtronic PLC balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Other Liab	Other Assets	Long Term Debt
Total Assets		0.97	0.7	0.86	0.99	0.94	0.97	0.78	0.69	0.99	0.53	0.5	0.9	0.84	0.97	0.87	0.83	0.75	0.99	0.88	0.15	0.91	0.87	0.82	0.14	0.98
Short Long Term Debt Total	0.97		0.55	0.83	0.93	0.85	0.99	0.83	0.76	0.95	0.62	0.62	0.87	0.76	0.99	0.74	0.69	0.65	1.0	0.9	0.27	0.95	0.75	0.9	0.27	0.98
Other Current Liab	0.7	0.55		0.48	0.76	0.82	0.57	0.56	0.24	0.69	-0.17	0.18	0.73	0.59	0.61	0.83	0.78	0.54	0.61	0.62	-0.42	0.49	0.8	0.32	-0.46	0.66
Total Current Liabilities	0.86	0.83	0.48		0.86	0.82	0.81	0.48	0.71	0.85	0.68	0.41	0.76	0.77	0.75	0.76	0.83	0.71	0.84	0.77	0.53	0.72	0.76	0.7	0.3	0.75
Total Stockholder Equity	0.99	0.93	0.76	0.86		0.97	0.94	0.74	0.64	0.99	0.47	0.42	0.9	0.86	0.94	0.91	0.88	0.79	0.96	0.86	0.08	0.87	0.91	0.77	0.07	0.95
Property Plant And Equipment Net	0.94	0.85	0.82	0.82	0.97		0.87	0.7	0.46	0.94	0.37	0.3	0.91	0.83	0.86	0.98	0.93	0.77	0.89	0.82	-0.03	0.73	0.97	0.62	-0.13	0.89
Net Debt	0.97	0.99	0.57	0.81	0.94	0.87		0.85	0.68	0.96	0.61	0.58	0.89	0.76	0.99	0.78	0.71	0.65	0.99	0.9	0.2	0.93	0.78	0.88	0.2	0.99
Retained Earnings	0.78	0.83	0.56	0.48	0.74	0.7	0.85		0.47	0.75	0.27	0.61	0.78	0.5	0.87	0.59	0.43	0.36	0.82	0.8	-0.03	0.79	0.57	0.73	-0.05	0.86
Cash	0.69	0.76	0.24	0.71	0.64	0.46	0.68	0.47		0.67	0.5	0.68	0.5	0.55	0.7	0.32	0.4	0.43	0.73	0.65	0.56	0.81	0.33	0.78	0.57	0.67
Non Current Assets Total	0.99	0.95	0.69	0.85	0.99	0.94	0.96	0.75	0.67		0.51	0.41	0.86	0.86	0.95	0.87	0.84	0.79	0.97	0.82	0.13	0.91	0.88	0.81	0.15	0.96
Non Currrent Assets Other	0.53	0.62	-0.17	0.68	0.47	0.37	0.61	0.27	0.5	0.51		0.43	0.42	0.47	0.53	0.3	0.3	0.46	0.59	0.51	0.67	0.54	0.33	0.66	0.64	0.5
Cash And Short Term Investments	0.5	0.62	0.18	0.41	0.42	0.3	0.58	0.61	0.68	0.41	0.43		0.52	0.27	0.59	0.15	0.07	0.07	0.58	0.77	0.32	0.58	0.14	0.67	0.3	0.56
Net Receivables	0.9	0.87	0.73	0.76	0.9	0.91	0.89	0.78	0.5	0.86	0.42	0.52		0.73	0.87	0.83	0.79	0.63	0.89	0.92	0.03	0.74	0.81	0.68	-0.06	0.89
Common Stock Shares Outstanding	0.84	0.76	0.59	0.77	0.86	0.83	0.76	0.5	0.55	0.86	0.47	0.27	0.73		0.75	0.78	0.79	0.92	0.79	0.62	0.13	0.73	0.79	0.73	0.18	0.76
Non Current Liabilities Total	0.97	0.99	0.61	0.75	0.94	0.86	0.99	0.87	0.7	0.95	0.53	0.59	0.87	0.75		0.76	0.68	0.65	0.99	0.89	0.12	0.95	0.76	0.88	0.18	1.0
Inventory	0.87	0.74	0.83	0.76	0.91	0.98	0.78	0.59	0.32	0.87	0.3	0.15	0.83	0.78	0.76		0.95	0.75	0.79	0.72	-0.12	0.61	0.99	0.49	-0.22	0.8
Other Current Assets	0.83	0.69	0.78	0.83	0.88	0.93	0.71	0.43	0.4	0.84	0.3	0.07	0.79	0.79	0.68	0.95		0.76	0.74	0.64	0.03	0.58	0.94	0.47	-0.09	0.71
Other Stockholder Equity	0.75	0.65	0.54	0.71	0.79	0.77	0.65	0.36	0.43	0.79	0.46	0.07	0.63	0.92	0.65	0.75	0.76		0.69	0.5	0.07	0.64	0.77	0.56	0.2	0.66
Total Liab	0.99	1.0	0.61	0.84	0.96	0.89	0.99	0.82	0.73	0.97	0.59	0.58	0.89	0.79	0.99	0.79	0.74	0.69		0.9	0.22	0.94	0.8	0.88	0.22	0.99
Total Current Assets	0.88	0.9	0.62	0.77	0.86	0.82	0.9	0.8	0.65	0.82	0.51	0.77	0.92	0.62	0.89	0.72	0.64	0.5	0.9		0.17	0.78	0.7	0.74	0.08	0.89
Short Term Debt	0.15	0.27	-0.42	0.53	0.08	-0.03	0.2	-0.03	0.56	0.13	0.67	0.32	0.03	0.13	0.12	-0.12	0.03	0.07	0.22	0.17		0.24	-0.12	0.38	0.72	0.06
Intangible Assets	0.91	0.95	0.49	0.72	0.87	0.73	0.93	0.79	0.81	0.91	0.54	0.58	0.74	0.73	0.95	0.61	0.58	0.64	0.94	0.78	0.24		0.62	0.93	0.38	0.93
Accounts Payable	0.87	0.75	0.8	0.76	0.91	0.97	0.78	0.57	0.33	0.88	0.33	0.14	0.81	0.79	0.76	0.99	0.94	0.77	0.8	0.7	-0.12	0.62		0.5	-0.19	0.8
Other Liab	0.82	0.9	0.32	0.7	0.77	0.62	0.88	0.73	0.78	0.81	0.66	0.67	0.68	0.73	0.88	0.49	0.47	0.56	0.88	0.74	0.38	0.93	0.5		0.48	0.85
Other Assets	0.14	0.27	-0.46	0.3	0.07	-0.13	0.2	-0.05	0.57	0.15	0.64	0.3	-0.06	0.18	0.18	-0.22	-0.09	0.2	0.22	0.08	0.72	0.38	-0.19	0.48		0.12
Long Term Debt	0.98	0.98	0.66	0.75	0.95	0.89	0.99	0.86	0.67	0.96	0.5	0.56	0.89	0.76	1.0	0.8	0.71	0.66	0.99	0.89	0.06	0.93	0.8	0.85	0.12

Click cells to compare fundamentals

Medtronic PLC Account Relationship Matchups

Medtronic PLC balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	90.7B	93.1B	91.0B	90.9B	104.6B	109.8B
Other Current Liab	5.6B	6.1B	6.1B	6.1B	7.0B	7.3B
Net Debt	20.7B	22.8B	20.4B	22.8B	26.2B	27.6B
Retained Earnings	28.1B	28.6B	30.3B	30.4B	35.0B	36.7B
Cash	4.1B	3.6B	3.7B	1.5B	1.8B	1.6B
Net Receivables	4.6B	5.5B	5.6B	6.0B	6.9B	7.2B
Inventory	4.2B	4.3B	4.6B	5.3B	6.1B	6.4B
Other Current Assets	2.2B	2.0B	2.3B	2.4B	2.8B	2.9B
Total Liab	39.8B	41.5B	38.3B	39.3B	45.2B	47.4B
Total Current Assets	22.0B	22.5B	23.1B	21.7B	24.9B	26.2B
Short Term Debt	2.8B	11M	3.7B	20M	23M	21.9M
Intangible Assets	19.1B	17.7B	15.6B	14.8B	17.1B	17.9B
Accounts Payable	2.0B	2.1B	2.3B	2.7B	3.1B	3.2B
Other Liab	6.7B	5.8B	5.5B	6.8B	7.8B	3.9B
Other Assets	2.1B	3.5B	1M	(1M)	(1.2M)	(1.1M)
Long Term Debt	22.0B	26.4B	20.4B	24.3B	28.0B	29.4B
Good Will	39.8B	42.0B	40.5B	41.4B	47.6B	50.0B
Common Stock	134.1K	134.5K	133.1K	133.1K	119.8K	113.8K
Short Long Term Debt	2.8B	11M	3.7B	20M	18M	17.1M
Net Tangible Assets	50.7B	(8.3B)	(3.5B)	51.5B	59.2B	62.2B

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:

How To Invest In Medtronic

Details

Is Medtronic Stock a good investment?

Details

What is Medtronic PLC's Net Worth?

Details

Largest Health Care Equipment & Supplies Companies

View

Largest Health Care Equipment & Services Companies

View

Check out Medtronic PLC Valuation and Medtronic PLC Correlation analysis.

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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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.

	Insider Screener Find insiders across different sectors to evaluate their impact on performance
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format
	Bonds Directory Find actively traded corporate debentures issued by US companies
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Medtronic Balance Sheet Analysis

Medtronic PLC balance sheet Correlations

Medtronic PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Medtronic PLC balance sheet Accounts

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

Complementary Tools for Medtronic Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total

Other Assets	- 0.46	Other Current Liab
Short Term Debt	- 0.42	Other Current Liab
Other Assets	- 0.22	Inventory
Other Assets	- 0.19	Accounts Payable
Non Currrent Assets Other	- 0.17	Other Current Liab
Other Assets	- 0.13	Property Plant And Equipment Net