MDT
Price:
$86.21
Market Cap:
$110.56B
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. Its Cardiovascular Portfolio segment offers implantable cardiac pacemakers, cardioverter defibrillators, and cardiac resynchronization therapy devices; cardiac ablation products; insertable cardiac monitor systems; TYRX products; and remote monitoring and patient-centered software. It also provides aortic valves, surgical valve replacement and repair products, endovascular stent grafts and accessories, and transcatheter pulmonary valves; and percutaneous coronary intervention products, percutaneous angioplasty balloons, and products. The compan...[Read more]
Industry
Medical - Devices
IPO Date
1973-05-02
Stock Exchange
NYSE
Ticker
MDT
According to Medtronic plc’s latest financial reports and current stock price. The company's current Current Ratio is 1.84. This represents a change of -11.39% compared to the average of 2.08 of the last 4 quarters.
The mean historical Current Ratio of Medtronic plc over the last ten years is 2.43. The current 1.84 Current Ratio has changed 7.46% with respect to the historical average. Over the past ten years (40 quarters), MDT's Current Ratio was at its highest in in the January 2015 quarter at 6.80. The Current Ratio was at its lowest in in the July 2022 quarter at 1.58.
Average
2.43
Median
2.34
Minimum
1.75
Maximum
3.36
Discovering the peaks and valleys of Medtronic plc Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 30.28%
Maximum Annual Current Ratio = 3.36
Minimum Annual Increase = -46.90%
Minimum Annual Current Ratio = 1.75
Year | Current Ratio | Change |
---|---|---|
2024 | 2.03 | -15.10% |
2023 | 2.39 | 28.72% |
2022 | 1.86 | -29.79% |
2021 | 2.65 | 24.68% |
2020 | 2.13 | -18.03% |
2019 | 2.59 | 13.78% |
2018 | 2.28 | 30.28% |
2017 | 1.75 | -46.90% |
2016 | 3.29 | -2.04% |
2015 | 3.36 | -11.67% |
The current Current Ratio of Medtronic plc (MDT) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.10
5-year avg
2.21
10-year avg
2.43
Medtronic plc’s Current Ratio is less than Edwards Lifesciences Corporation (0), less than Abbott Laboratories (3.46), greater than Boston Scientific Corporation (1.60), greater than Zimmer Biomet Holdings, Inc. (1.48), greater than Stryker Corporation (1.36), less than DexCom, Inc. (1.91), less than Insulet Corporation (2.46), less than Tandem Diabetes Care, Inc. (3.68), less than Align Technology, Inc. (2.90), greater than null (1.26),
Company | Current Ratio | Market cap |
---|---|---|
0 | $41.57B | |
3.46 | $204.25B | |
1.60 | $132.64B | |
1.48 | $21.94B | |
1.36 | $146.71B | |
1.91 | $28.45B | |
2.46 | $18.44B | |
3.68 | $2.02B | |
2.90 | $16.86B | |
1.26 | $0 |
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