Medtronic Interest Coverage from 2010 to 2026

MDT Stock  USD 97.53  1.16  1.18%   
Medtronic PLC Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage will likely drop to 9.04 in 2026. From the period from 2010 to 2026, Medtronic PLC Interest Coverage quarterly data regression had r-value of (0.27) and coefficient of variation of  40.02. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
9.39
Current Value
9.04
Quarterly Volatility
3.18200848
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Medtronic PLC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Medtronic PLC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.5 B, Interest Expense of 880.3 M or Total Revenue of 40.5 B, as well as many indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.0311 or PTB Ratio of 2.48. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
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Latest Medtronic PLC's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Medtronic PLC over the last few years. It is Medtronic PLC's Interest Coverage 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.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Medtronic Interest Coverage Regression Statistics

Arithmetic Mean7.95
Geometric Mean7.35
Coefficient Of Variation40.02
Mean Deviation2.66
Median8.17
Standard Deviation3.18
Sample Variance10.13
Range10.4497
R-Value(0.27)
Mean Square Error10.00
R-Squared0.07
Significance0.29
Slope(0.17)
Total Sum of Squares162.00

Medtronic Interest Coverage History

2026 9.04
2025 9.39
2024 8.17
2023 7.15
2022 8.62
2021 10.4
2020 4.85

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Interest Coverage, to determine how well the company is positioned to perform in the future. Although Medtronic PLC investors may analyze each financial statement separately, they are all interrelated. The changes in Medtronic PLC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Medtronic PLC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Coverage 9.39  9.04 

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Additional 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.