Medtronic PLC (MDT)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 91,680,000 | 89,973,000 | 90,042,000 | 89,749,000 | 89,981,000 | 89,981,000 | 90,836,000 | 90,836,000 | 90,087,000 | 90,087,000 | 90,776,000 | 90,776,000 | 90,948,000 | 90,948,000 | 94,134,000 | 94,134,000 | 93,241,000 | 93,241,000 | 89,914,000 | 89,914,000 |
| 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 |
| Financial leverage ratio | 1.91 | 1.82 | 1.86 | 1.87 | 1.79 | 1.79 | 1.75 | 1.75 | 1.75 | 1.75 | 1.77 | 1.77 | 1.77 | 1.77 | 1.83 | 1.83 | 1.80 | 1.80 | 1.71 | 1.71 |
April 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $91,680,000K ÷ $48,024,000K
= 1.91
The financial leverage ratio of Medtronic PLC has shown fluctuations over the specified time period, ranging from 1.71 to 1.91. This ratio indicates the extent to which the company relies on debt financing in relation to its equity. A higher financial leverage ratio suggests a higher level of debt used to finance the company's operations, which can amplify returns but also increase financial risk.
In the case of Medtronic PLC, the financial leverage ratio has generally remained within a relatively narrow range between 1.71 and 1.91. This indicates that the company has maintained a stable balance between debt and equity in its capital structure. It is essential for investors and creditors to monitor changes in the financial leverage ratio over time to assess the company's risk profile and financial health. Overall, the consistent ratio suggests that Medtronic PLC has managed its debt levels effectively while maintaining a prudent capital structure.
Peer comparison
Apr 30, 2025