Last Price$94.32.5%
Market Cap$120.9B
LTM Quick ratio
0.6x
5Y avg
1.5x
Medical - Devices industry
median
2.1x
Stock quality & Intrinsic value
6/10
0.2% undervalued
Medtronic plc Quick ratio
Annual
Quarterly
LTM
Industry median
Company stand-alone
Crunching data... Almost there!
| Apr'05 | Apr'06 | Apr'07 | Apr'08 | Apr'09 | Apr'10 | Apr'11 | Apr'12 | Apr'13 | Apr'14 | Apr'15 | Apr'16 | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Quick ratio | 1.7x | 1.9x | 2.3x | 1.4x | 1.5x | 1.4x | 1.3x | 1.1x | 4.5x | 3.2x | 2.7x | 2.5x | 1.4x | 1.7x | 1.9x | 1.5x | 1.9x | 1.3x | 1.5x | 1.3x |
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Medtronic plc (MDT) Quick ratio comparison analysis
General
LTM Quick ratio
OTHER METRICS
Company name
Revenue growth
EPS growth
Net Income margin
Medtronic plcMDT
0.6x
3.6%
(2.1%)
11.4%
Median Peer Set
1.2x
5.6%
126.3%
12.7%
Edwards Lifesciences CorporationEW
2.7x
(9.4%)
202.2%
76.7%
Insulet CorporationPODD
2.5x
30.0%
4,364.6%
12.2%
Zimmer Biomet Holdings, Inc.ZBH
1.3x
6.5%
253.2%
13.8%
Abbott LaboratoriesABT
1.2x
4.6%
134.5%
31.9%
DexCom, Inc.DXCM
1.2x
11.3%
(1.4%)
14.3%
STERIS plcSTE
1.2x
3.6%
257.9%
7.4%
Stryker CorporationSYK
1.1x
10.2%
(5.8%)
13.2%
Align Technology, Inc.ALGN
1.0x
3.4%
26.0%
11.5%
Koninklijke Philips N.V.PHG
0.7x
(0.8%)
118.1%
(3.9%)
Boston Scientific CorporationBSX
0.5x
17.6%
16.7%
11.1%
MDT key stats
USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
| Apr'05 | Apr'06 | Apr'07 | Apr'08 | Apr'09 | Apr'10 | Apr'11 | Apr'12 | Apr'13 | Apr'14 | Apr'15 | Apr'16 | Apr'17 | Apr'18 | Apr'19 | Apr'20 | Apr'21 | Apr'22 | Apr'23 | Apr'24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
% growth | 10,054.6 10.6% | 11,292.0 12.3% | 12,299.0 8.9% | 13,515.0 9.9% | 14,599.0 8.0% | 15,817.0 8.3% | 15,933.0 0.7% | 16,184.0 1.6% | 16,590.0 2.5% | 17,005.0 2.5% | 20,261.0 19.1% | 28,833.0 42.3% | 29,710.0 3.0% | 29,953.0 0.8% | 30,557.0 2.0% | 28,913.0 (5.4%) | 30,117.0 4.2% | 31,686.0 5.2% | 31,227.0 (1.4%) | 32,364.0 3.6% |
| Cost of Goods Sold (COGS) | 2,446.4 | 2,815.3 | 3,168.0 | 3,446.0 | 3,518.0 | 3,812.0 | 3,912.0 | 3,889.0 | 4,126.0 | 4,333.0 | 6,309.0 | 9,142.0 | 9,291.0 | 9,055.0 | 9,155.0 | 9,424.0 | 10,483.0 | 10,145.0 | 10,719.0 | 11,216.0 |
% margin | 7,608.2 75.7% | 8,476.7 75.1% | 9,131.0 74.2% | 10,069.0 74.5% | 11,081.0 75.9% | 12,005.0 75.9% | 12,021.0 75.4% | 12,295.0 76.0% | 12,464.0 75.1% | 12,672.0 74.5% | 13,952.0 68.9% | 19,691.0 68.3% | 20,419.0 68.7% | 20,898.0 69.8% | 21,402.0 70.0% | 19,489.0 67.4% | 19,634.0 65.2% | 21,541.0 68.0% | 20,508.0 65.7% | 21,148.0 65.3% |
| Operating Expenses | 4,164.9 | 4,772.3 | 5,392.0 | 5,982.0 | 6,903.0 | 7,740.0 | 7,041.0 | 7,899.0 | 7,694.0 | 7,854.0 | 9,395.0 | 13,731.0 | 14,106.0 | 14,555.0 | 14,770.0 | 14,267.0 | 14,739.0 | 15,633.0 | 14,678.0 | 16,129.0 |
| Research & Development Expenses (R&D) | 951.3 | 1,112.9 | 1,239.0 | 1,275.0 | 1,355.0 | 1,483.0 | 1,508.0 | 1,490.0 | 1,557.0 | 1,477.0 | 1,640.0 | 2,224.0 | 2,193.0 | 2,253.0 | 2,330.0 | 2,331.0 | 2,493.0 | 2,746.0 | 2,696.0 | 2,735.0 |
| Selling, General & Administrative Expenses (SG&A) | 3,213.6 | 3,659.4 | 4,153.0 | 4,707.0 | 5,152.0 | 5,789.0 | 5,533.0 | 6,074.0 | 5,698.0 | 5,847.0 | 6,904.0 | 9,469.0 | 9,711.0 | 9,974.0 | 10,418.0 | 10,109.0 | 10,148.0 | 10,292.0 | 10,415.0 | 10,736.0 |
% margin | 2,543.5 25.3% | 3,161.3 28.0% | 3,515.0 28.6% | 2,885.0 21.3% | 2,811.0 19.3% | 4,371.0 27.6% | 4,173.0 26.2% | 4,696.0 29.0% | 4,639.0 28.0% | 4,084.0 24.0% | 3,766.0 18.6% | 5,291.0 18.4% | 5,330.0 17.9% | 6,651.0 22.2% | 6,268.0 20.5% | 4,791.0 16.6% | 4,484.0 14.9% | 5,752.0 18.2% | 5,485.0 17.6% | 5,144.0 15.9% |
| Interest Income | 0.0 | 0.0 | 0.0 | 364.0 | 188.0 | 156.0 | 172.0 | 200.0 | 237.0 | 271.0 | 386.0 | 431.0 | 366.0 | 397.0 | 1,444.0 | 300.0 | 192.0 | 367.0 | 386.0 | 0.0 |
| Interest Expense | 0.0 | 0.0 | 0.0 | 255.0 | 217.0 | 246.0 | 450.0 | 149.0 | 388.0 | 379.0 | 666.0 | 1,386.0 | 1,094.0 | 1,146.0 | 1,444.0 | 1,092.0 | 925.0 | 553.0 | 636.0 | 719.0 |
| Pre-tax Income | 2,543.5 | 3,161.3 | 3,515.0 | 2,885.0 | 2,594.0 | 3,969.0 | 3,723.0 | 4,145.0 | 4,251.0 | 3,705.0 | 3,486.0 | 4,336.0 | 4,602.0 | 5,675.0 | 5,197.0 | 4,055.0 | 3,895.0 | 5,517.0 | 5,364.0 | 4,837.0 |
% effective tax rate | 739.6 29.1% | 614.6 19.4% | 713.0 20.3% | 654.0 22.7% | 425.0 16.4% | 870.0 21.9% | 627.0 16.8% | 730.0 17.6% | 784.0 18.4% | 640.0 17.3% | 811.0 23.3% | 798.0 18.4% | 578.0 12.6% | 2,580.0 45.5% | 547.0 10.5% | (751.0) (18.5%) | 265.0 6.8% | 456.0 8.3% | 1,580.0 29.5% | 1,133.0 23.4% |
% margin | 1,803.9 17.9% | 2,546.7 22.6% | 2,802.0 22.8% | 2,231.0 16.5% | 2,169.0 14.9% | 3,099.0 19.6% | 3,096.0 19.4% | 3,617.0 22.3% | 3,467.0 20.9% | 3,065.0 18.0% | 2,675.0 13.2% | 3,538.0 12.3% | 4,028.0 13.6% | 3,104.0 10.4% | 4,631.0 15.2% | 4,789.0 16.6% | 3,606.0 12.0% | 5,039.0 15.9% | 3,758.0 12.0% | 3,676.0 11.4% |
| EPS | 1.49 | 2.11 | 2.44 | 1.97 | 1.85 | 2.80 | 2.87 | 3.43 | 3.40 | 3.06 | 2.44 | 2.51 | 2.92 | 2.29 | 3.44 | 3.57 | 2.68 | 3.75 | 2.83 | 2.77 |
| Diluted EPS | 1.48 | 2.09 | 2.41 | 1.95 | 1.84 | 2.79 | 2.86 | 3.41 | 3.37 | 3.02 | 2.41 | 2.48 | 2.89 | 2.27 | 3.41 | 3.54 | 2.66 | 3.73 | 2.82 | 2.76 |
% margin | 3,061.9 30.5% | 4,172.8 37.0% | 4,322.0 35.1% | 3,631.0 26.9% | 3,510.0 24.0% | 5,143.0 32.5% | 5,058.0 31.7% | 5,327.0 32.9% | 5,538.0 33.4% | 5,645.0 33.2% | 6,278.0 31.0% | 8,539.0 29.6% | 9,027.0 30.4% | 9,189.0 30.7% | 9,368.0 30.7% | 7,825.0 27.1% | 8,192.0 27.2% | 9,554.0 30.2% | 8,475.0 27.1% | 8,203.0 25.3% |
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FAQ
1) What is Medtronic plc's Quick ratio?
As of today, Microsoft Corp's last 12-month Quick ratio is 0.6x, based on the financial report for Jan 24, 2025 (Q1’2025). The average annual Quick ratio for Medtronic plc have been 1.4x over the past three years, and 1.6x over the past five years.
2) Is Medtronic plc's Quick ratio Good?
As of today, Medtronic plc's Quick ratio is 0.6x, which is lower than industry median of 2.1x. It indicates that Medtronic plc's Quick ratio is Bad.