Medtronic plc

Medtronic plcverified

MDT

Price:

$89.89

Market Cap:

$115.28B

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

The Current Ratio as of September 2024 (TTM) for Medtronic plc (MDT) is 2.13

According to Medtronic plc’s latest financial reports and current stock price. The company's current Current Ratio is 2.13. This represents a change of -2.49% compared to the average of 2.19 of the last 4 quarters.

Medtronic plc (MDT) Historical Current Ratio (quarterly & annually)

How has MDT Current Ratio performed in the past?

The mean historical Current Ratio of Medtronic plc over the last ten years is 2.43. The current 2.13 Current Ratio has changed 8.67% 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.

Quarterly (TTM)
Annual

Average

2.43

Median

2.34

Minimum

1.75

Maximum

3.36

Medtronic plc (MDT) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.03-15.10%
20232.3928.72%
20221.86-29.79%
20212.6524.68%
20202.13-18.03%
20192.5913.78%
20182.2830.28%
20171.75-46.90%
20163.29-2.04%
20153.36-11.67%

Medtronic plc (MDT) Average Current Ratio

How has MDT Current Ratio performed in the past?

The current Current Ratio of Medtronic plc (MDT) is greater 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 (MDT) Current Ratio vs. Peers

How is MDT’s Current Ratio compared to its peers?

Medtronic plc’s Current Ratio is less than Edwards Lifesciences Corporation (0), less than Abbott Laboratories (3.71), greater than Boston Scientific Corporation (1.68), greater than Zimmer Biomet Holdings, Inc. (1.61), greater than Stryker Corporation (1.29), greater than DexCom, Inc. (1.68), less than Insulet Corporation (2.82), less than Tandem Diabetes Care, Inc. (3.56), less than Align Technology, Inc. (3.05), greater than null (1.18),

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