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.
Peer comparison
Apr 30, 2025
Company name
Symbol
Debt-to-capital ratio
Medtronic PLC
MDT
0.00
BioLife Solutions Inc
BLFS
0.01
CONMED Corporation
CNMD
0.00
LivaNova PLC
LIVN
0.29
Masimo Corporation
MASI
0.41
TransMedics Group Inc
TMDX
0.00