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.


See also:

Medtronic PLC Financial Leverage (Quarterly Data)