Stock Analysis on Net
Stock Analysis on Net

Medtronic PLC (NYSE:MDT)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Medtronic PLC, common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Apr 26, 2024 Apr 28, 2023 Apr 29, 2022 Apr 30, 2021 Apr 24, 2020 Apr 26, 2019
Current debt obligations 1.21 0.02 4.11 0.01 3.06 0.93
Accounts payable 2.68 2.93 2.50 2.26 2.20 2.18
Accrued compensation 2.64 2.14 2.33 2.67 2.31 2.44
Accrued income taxes 1.48 0.92 0.77 0.47 0.55 0.63
Other accrued expenses 3.98 3.94 3.90 3.73 3.30 3.26
Current liabilities 11.99% 9.95% 13.62% 9.14% 11.43% 9.45%
Long-term debt 26.60 26.77 22.39 28.34 24.28 27.30
Accrued compensation and retirement benefits 1.22 1.20 1.22 1.67 2.11 1.84
Accrued income taxes 2.07 2.59 2.29 2.42 2.96 3.16
Deferred tax liabilities 0.57 0.78 0.97 1.10 1.29 1.42
Other liabilities 1.52 1.90 1.55 1.89 1.83 0.84
Noncurrent liabilities 31.98% 33.24% 28.43% 35.42% 32.47% 34.57%
Total liabilities 43.97% 43.19% 42.05% 44.56% 43.90% 44.02%
Ordinary shares, par value $0.0001 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 25.70 27.04 27.00 28.27 28.85 29.58
Retained earnings 33.79 33.42 33.25 30.72 31.02 29.29
Accumulated other comprehensive loss -3.69 -3.85 -2.49 -3.74 -3.93 -3.02
Shareholders’ equity 55.81% 56.61% 57.76% 55.25% 55.95% 55.85%
Noncontrolling interests 0.23 0.20 0.19 0.19 0.15 0.13
Total equity 56.03% 56.81% 57.95% 55.44% 56.10% 55.98%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-04-26), 10-K (reporting date: 2023-04-28), 10-K (reporting date: 2022-04-29), 10-K (reporting date: 2021-04-30), 10-K (reporting date: 2020-04-24), 10-K (reporting date: 2019-04-26).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Medtronic PLC current liabilities as a percentage of total liabilities and equity decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Medtronic PLC noncurrent liabilities as a percentage of total liabilities and equity increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Medtronic PLC total liabilities as a percentage of total liabilities and equity increased from 2022 to 2023 and from 2023 to 2024.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Medtronic PLC shareholders’ equity as a percentage of total liabilities and equity decreased from 2022 to 2023 and from 2023 to 2024.