Medtronic PLC (MDT)
84.74
+0.63
(+0.75%)
USD |
NYSE |
Nov 21, 16:00
84.74
0.00 (0.00%)
After-Hours: 20:00
Medtronic Debt to Equity Ratio: 0.5841 for Oct. 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| October 31, 2024 | 0.5841 |
| July 31, 2024 | 0.5801 |
| April 30, 2024 | 0.4971 |
| January 31, 2024 | 0.4851 |
| October 31, 2023 | 0.4863 |
| July 31, 2023 | 0.487 |
| April 30, 2023 | 0.472 |
| January 31, 2023 | 0.5457 |
| October 31, 2022 | 0.512 |
| July 31, 2022 | 0.4396 |
| April 30, 2022 | 0.4577 |
| January 31, 2022 | 0.4777 |
| October 31, 2021 | 0.4917 |
| July 31, 2021 | 0.5031 |
| April 30, 2021 | 0.5117 |
| January 31, 2021 | 0.5961 |
| October 31, 2020 | 0.5971 |
| July 31, 2020 | 0.5695 |
| April 30, 2020 | 0.4878 |
| January 31, 2020 | 0.4928 |
| October 31, 2019 | 0.5061 |
| July 31, 2019 | 0.5208 |
| April 30, 2019 | 0.5051 |
| January 31, 2019 | 0.5019 |
| October 31, 2018 | 0.5041 |
| Date | Value |
|---|---|
| July 31, 2018 | 0.502 |
| April 30, 2018 | 0.5074 |
| January 31, 2018 | 0.5731 |
| October 31, 2017 | 0.5638 |
| July 31, 2017 | 0.6699 |
| April 30, 2017 | 0.6647 |
| January 31, 2017 | 0.6496 |
| October 31, 2016 | 0.643 |
| July 31, 2016 | 0.6284 |
| April 30, 2016 | 0.5931 |
| January 31, 2016 | 0.7012 |
| October 31, 2015 | 0.6821 |
| July 31, 2015 | 0.6698 |
| April 30, 2015 | 0.6756 |
| January 31, 2015 | 1.418 |
| October 31, 2014 | 0.6937 |
| July 31, 2014 | 0.6542 |
| April 30, 2014 | 0.6027 |
| January 31, 2014 | 0.6203 |
| October 31, 2013 | 0.6423 |
| July 31, 2013 | 0.591 |
| April 30, 2013 | 0.5596 |
| January 31, 2013 | 0.6221 |
| October 31, 2012 | 0.6668 |
| July 31, 2012 | 0.6246 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.4396
Minimum
Jul 2022
0.5971
Maximum
Oct 2020
0.5137
Average
0.495
Median
Debt to Equity Ratio Benchmarks
| Boston Scientific Corp | 0.5254 |
| Axonics Inc | 0.00 |
| TransMedics Group Inc | 2.422 |
| Inari Medical Inc | 0.00 |
| Agilent Technologies Inc | 0.4967 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 90.04B |
| Total Liabilities (Quarterly) | 41.33B |
| Shareholders Equity (Quarterly) | 48.49B |
| Current Ratio | 1.840 |
| Net Debt Paydown Yield | -0.59% |