Medtronic Historical Balance Sheet

MDT Stock  USD 85.75  0.46  0.53%   
Trend analysis of Medtronic PLC balance sheet accounts such as Total Current Liabilities of 11.3 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Medtronic PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Medtronic PLC is a good buy for the upcoming year.

Medtronic PLC Inventory

5.48 Billion

  
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 closely tied 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

At this time, Medtronic PLC's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 71.4 B in 2024, whereas Short Term Debt 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.
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 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 closely tied 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 Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 71.4 B in 2024, whereas Short Term Debt is likely to drop slightly above 1.2 B in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total24.1B24.4B26.0B27.3B
Total Assets91.0B90.9B90.0B94.5B

Medtronic PLC balance sheet Correlations

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Medtronic PLC Account Relationship Matchups

Medtronic PLC balance sheet Accounts

201920202021202220232024 (projected)
Total Assets90.7B93.1B91.0B90.9B90.0B94.5B
Short Long Term Debt Total24.8B26.4B24.1B24.4B26.0B27.3B
Other Current Liab5.6B5.8B5.7B5.3B5.8B6.1B
Total Current Liabilities10.4B8.5B12.4B9.1B10.8B11.3B
Total Stockholder Equity50.7B51.4B52.6B51.5B50.2B52.7B
Property Plant And Equipment Net4.8B5.2B5.4B5.6B7.1B7.5B
Net Debt20.7B22.8B20.4B22.8B24.8B26.0B
Retained Earnings28.1B28.6B30.3B30.4B30.4B31.9B
Cash4.1B3.6B3.7B1.5B1.3B1.6B
Non Current Assets Total68.7B70.5B67.9B69.3B68.0B71.4B
Non Currrent Assets Other1.6B1.7B2.0B2.3B5.1B5.3B
Cash And Short Term Investments10.9B10.8B10.6B8.0B8.0B4.9B
Net Receivables4.6B5.5B5.6B6.0B6.1B6.4B
Common Stock Shares Outstanding1.4B1.4B1.4B1.3B1.3B1.2B
Liabilities And Stockholders Equity90.7B93.1B91.0B90.9B90.0B94.5B
Non Current Liabilities Total29.5B33.0B25.9B30.2B28.8B30.2B
Inventory4.2B4.3B4.6B5.3B5.2B5.5B
Other Current Assets2.2B2.0B2.3B2.4B2.6B2.7B
Other Stockholder Equity26.2B26.3B24.6B24.6B23.1B24.3B
Total Liab39.8B41.5B38.3B39.3B39.6B41.5B
Total Current Assets22.0B22.5B23.1B21.7B21.9B23.0B
Short Term Debt2.8B197M3.7B200M1.3B1.2B
Intangible Assets19.1B17.7B15.6B14.8B13.2B6.9B
Accounts Payable2.0B2.1B2.3B2.7B2.4B2.5B
Other Liab6.7B5.8B5.5B6.8B7.8B3.9B
Other Assets2.1B3.5B1M(1M)(1.2M)(1.1M)
Long Term Debt22.0B26.4B20.4B24.3B23.9B14.3B
Good Will39.8B42.0B40.5B41.4B41.0B21.9B
Short Term Investments6.8B7.2B6.9B6.4B6.7B5.1B
Accumulated Other Comprehensive Income(3.6B)(3.5B)(2.3B)(3.5B)(3.3B)(3.2B)
Common Stock134.1K134.5K133.1K133.1K119.8K113.8K
Property Plant Equipment4.8B6.2B5.4B6.6B7.6B8.0B
Property Plant And Equipment Gross5.8B5.2B13.4B14.1B14.1B14.8B
Short Long Term Debt2.8B11M3.7B20M1.1B1.0B
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

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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.