Medtronic Net Interest Income from 2010 to 2024

MDT Stock  USD 85.75  0.46  0.53%   
Medtronic PLC Net Interest Income yearly trend continues to be comparatively stable with very little volatility. Net Interest Income will likely drop to about -755 M in 2024. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-04-30
Previous Quarter
-202 M
Current Value
-167 M
Quarterly Volatility
160.6 M
 
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 2.8 B, Interest Expense of 755 M or Total Revenue of 34 B, as well as many indicators such as Price To Sales Ratio of 5.85, Dividend Yield of 0.0177 or PTB Ratio of 3.42. Medtronic financial statements analysis is a perfect complement when working with Medtronic PLC Valuation or Volatility modules.
  
Check out the analysis of Medtronic PLC Correlation against competitors.
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Latest Medtronic PLC's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of Medtronic PLC over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. Medtronic PLC's Net Interest Income 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.
Net Interest Income10 Years Trend
Very volatile
   Net Interest Income   
       Timeline  

Medtronic Net Interest Income Regression Statistics

Arithmetic Mean(797,930,000)
Coefficient Of Variation(27.02)
Mean Deviation142,294,667
Median(728,000,000)
Standard Deviation215,629,515
Sample Variance46496.1T
Range891M
R-Value(0.07)
Mean Square Error49792.7T
R-Squared0.01
Significance0.79
Slope(3,605,893)
Total Sum of Squares650945.2T

Medtronic Net Interest Income History

2024-755 M
2023-719 M
2022-636 M
2021-553 M
2020-925 M
2019-1.1 B
2018-1.4 B

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Net Interest Income, 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
Net Interest Income-719 M-755 M

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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.