Medtronic Net Working Capital from 2010 to 2024

MDT Stock  USD 84.74  0.63  0.75%   
Medtronic PLC Net Working Capital yearly trend continues to be comparatively stable with very little volatility. Net Working Capital will likely drop to about 9.7 B in 2024. From the period from 2010 to 2024, Medtronic PLC Net Working Capital quarterly data regression had r-value of  0.27 and coefficient of variation of  11.13. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
11.1 B
Current Value
9.7 B
Quarterly Volatility
1.3 B
 
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 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.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Latest Medtronic PLC's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Medtronic PLC over the last few years. It is Medtronic PLC's Net Working Capital 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 Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

Medtronic Net Working Capital Regression Statistics

Arithmetic Mean11,387,953,333
Geometric Mean11,325,775,976
Coefficient Of Variation11.13
Mean Deviation1,037,231,111
Median10,653,000,000
Standard Deviation1,267,632,919
Sample Variance1606893.2T
Range4.3B
R-Value0.27
Mean Square Error1605367.1T
R-Squared0.07
Significance0.33
Slope76,221,786
Total Sum of Squares22496505.1T

Medtronic Net Working Capital History

20249.7 B
202311.1 B
202212.6 B
202110.7 B
202014 B
201911.7 B
201813.5 B

About Medtronic PLC Financial Statements

Medtronic PLC shareholders use historical fundamental indicators, such as Net Working Capital, 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 Working Capital11.1 B9.7 B

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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.