Medtronic PLC (MDT)

Debt-to-capital ratio

Apr 30, 2025 Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Apr 26, 2024 Jan 31, 2024 Jan 26, 2024 Oct 31, 2023 Oct 27, 2023 Jul 31, 2023 Jul 28, 2023 Apr 30, 2023 Apr 28, 2023 Jan 31, 2023 Jan 27, 2023 Oct 31, 2022 Oct 28, 2022 Jul 31, 2022 Jul 29, 2022
Long-term debt US$ in thousands 21,700,000 21,100,000 20,100,000
Total stockholders’ equity US$ in thousands 48,024,000 49,387,000 48,494,000 47,947,000 50,214,000 50,214,000 51,792,000 51,792,000 51,460,000 51,460,000 51,178,000 51,178,000 51,483,000 51,483,000 51,441,000 51,441,000 51,880,000 51,880,000 52,672,000 52,672,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.30 0.00 0.00 0.00 0.29 0.00 0.28

April 30, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $48,024,000K)
= 0.00

The debt-to-capital ratio of Medtronic PLC has shown a consistent pattern of fluctuations over the past few years. As of the latest available data in April 2025, the ratio stands at 0.00, indicating that the company has no debt relative to its capital. This suggests that Medtronic PLC has a strong capital structure and may be relying more on equity financing rather than debt to fund its operations and growth. It is essential to monitor this ratio over time to assess the company's overall financial health and risk management strategies.


See also:

Medtronic PLC Debt to Capital (Quarterly Data)