Current Ratio
since 2005
Calculation
Medtronic PLC, current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Apr 26, 2024 | 2.03 | = | 21,935) | ÷ | 10,789) |
| Apr 28, 2023 | 2.39 | = | 21,675) | ÷ | 9,051) |
| Apr 29, 2022 | 1.86 | = | 23,059) | ÷ | 12,394) |
| Apr 30, 2021 | 2.65 | = | 22,548) | ÷ | 8,509) |
| Apr 24, 2020 | 2.13 | = | 22,031) | ÷ | 10,366) |
| Apr 26, 2019 | 2.59 | = | 21,967) | ÷ | 8,472) |
| Apr 27, 2018 | 2.28 | = | 22,980) | ÷ | 10,084) |
| Apr 28, 2017 | 1.75 | = | 24,873) | ÷ | 14,220) |
| Apr 29, 2016 | 3.29 | = | 23,600) | ÷ | 7,165) |
| Apr 24, 2015 | 3.36 | = | 30,844) | ÷ | 9,173) |
| Apr 25, 2014 | 3.82 | = | 21,210) | ÷ | 5,559) |
| Apr 26, 2013 | 4.57 | = | 17,793) | ÷ | 3,891) |
| Apr 27, 2012 | 1.62 | = | 9,515) | ÷ | 5,857) |
| Apr 29, 2011 | 1.93 | = | 9,117) | ÷ | 4,714) |
| Apr 30, 2010 | 1.92 | = | 9,839) | ÷ | 5,121) |
| Apr 24, 2009 | 2.37 | = | 7,460) | ÷ | 3,147) |
| Apr 25, 2008 | 2.07 | = | 7,322) | ÷ | 3,535) |
| Apr 27, 2007 | 3.09 | = | 7,918) | ÷ | 2,563) |
| Apr 28, 2006 | 2.36 | = | 10,377) | ÷ | 4,406) |
| Apr 29, 2005 | 2.20 | = | 7,422) | ÷ | 3,380) |
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), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).
1 US$ in millions
Comparison to Competitors
Medtronic PLC, current ratio, long-term trends, comparison to competitors
| Medtronic PLC | Abbott Laboratories | Cigna Group | CVS Health Corp. | Elevance Health Inc. | Humana Inc. | Intuitive Surgical Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|
| Apr 26, 2024 | 2.03 | — | — | — | — | — | — | — |
| Apr 28, 2023 | 2.39 | 1.64 | 0.77 | 0.86 | 1.44 | 1.59 | 4.76 | 0.79 |
| Apr 29, 2022 | 1.86 | 1.63 | 0.73 | 0.94 | 1.40 | 1.52 | 4.40 | 0.77 |
| Apr 30, 2021 | 2.65 | 1.85 | 0.83 | 0.88 | 1.47 | 1.62 | 5.08 | 0.79 |
| Apr 24, 2020 | 2.13 | 1.72 | 0.77 | 0.91 | 1.55 | 1.77 | 6.86 | 0.74 |
| Apr 26, 2019 | 2.59 | 1.44 | 0.74 | 0.94 | 1.65 | 1.82 | 4.53 | 0.69 |
| Apr 27, 2018 | 2.28 | 1.62 | 0.64 | 1.03 | 1.56 | 1.68 | 5.28 | 0.73 |
| Apr 28, 2017 | 1.75 | 2.26 | 0.85 | 1.02 | 1.55 | 1.85 | 3.99 | 0.73 |
| Apr 29, 2016 | 3.29 | 4.02 | — | 1.18 | 1.61 | 2.07 | 5.45 | 0.69 |
| Apr 24, 2015 | 3.36 | 1.54 | — | 1.31 | 1.62 | 1.93 | 4.46 | 0.74 |
| Apr 25, 2014 | 3.82 | 1.45 | — | 1.37 | 1.72 | 2.00 | 3.69 | 0.77 |
| Apr 26, 2013 | 4.57 | 2.02 | — | 1.64 | 1.82 | 1.95 | 5.07 | 0.73 |
| Apr 27, 2012 | 1.62 | 2.36 | — | 1.44 | 1.78 | 1.84 | 4.71 | 0.78 |
| Apr 29, 2011 | 1.93 | 1.54 | — | 1.56 | 1.71 | 1.85 | 4.57 | 0.85 |
| Apr 30, 2010 | 1.92 | 1.29 | — | 1.60 | 1.87 | 1.76 | 4.66 | 0.78 |
| Apr 24, 2009 | 2.37 | 1.79 | — | 1.43 | 1.91 | 1.76 | 4.18 | 0.82 |
| Apr 25, 2008 | 2.07 | 1.47 | — | 1.23 | 0.81 | 1.62 | 4.28 | 0.76 |
| Apr 27, 2007 | 3.09 | 1.54 | — | 1.31 | 0.91 | 1.51 | 4.63 | 0.84 |
| Apr 28, 2006 | 2.36 | 0.94 | — | 1.48 | 0.77 | 1.41 | 4.64 | 0.87 |
| Apr 29, 2005 | 2.20 | 1.54 | — | 1.83 | 1.75 | 1.31 | 3.60 | 0.64 |
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), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).
Comparison to Sector (Health Care Equipment & Services)
Medtronic PLC, current ratio, long-term trends, comparison to sector (health care equipment & services)
| Medtronic PLC | Health Care Equipment & Services | |
|---|---|---|
| Apr 26, 2024 | 2.03 | — |
| Apr 28, 2023 | 2.39 | 1.04 |
| Apr 29, 2022 | 1.86 | 1.05 |
| Apr 30, 2021 | 2.65 | 1.09 |
| Apr 24, 2020 | 2.13 | 1.08 |
| Apr 26, 2019 | 2.59 | 1.07 |
| Apr 27, 2018 | 2.28 | 1.09 |
| Apr 28, 2017 | 1.75 | 1.20 |
| Apr 29, 2016 | 3.29 | 1.42 |
| Apr 24, 2015 | 3.36 | 1.39 |
| Apr 25, 2014 | 3.82 | 1.46 |
| Apr 26, 2013 | 4.57 | 1.59 |
| Apr 27, 2012 | 1.62 | 1.50 |
| Apr 29, 2011 | 1.93 | 1.43 |
| Apr 30, 2010 | 1.92 | 1.37 |
| Apr 24, 2009 | 2.37 | 1.48 |
| Apr 25, 2008 | 2.07 | 1.12 |
| Apr 27, 2007 | 3.09 | 1.21 |
| Apr 28, 2006 | 2.36 | 1.08 |
| Apr 29, 2005 | 2.20 | 1.36 |
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), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).
Comparison to Industry (Health Care)
Medtronic PLC, current ratio, long-term trends, comparison to industry (health care)
| Medtronic PLC | Health Care | |
|---|---|---|
| Apr 26, 2024 | 2.03 | — |
| Apr 28, 2023 | 2.39 | 1.13 |
| Apr 29, 2022 | 1.86 | 1.15 |
| Apr 30, 2021 | 2.65 | 1.20 |
| Apr 24, 2020 | 2.13 | 1.20 |
| Apr 26, 2019 | 2.59 | 1.33 |
| Apr 27, 2018 | 2.28 | 1.38 |
| Apr 28, 2017 | 1.75 | 1.47 |
| Apr 29, 2016 | 3.29 | 1.68 |
| Apr 24, 2015 | 3.36 | 1.67 |
| Apr 25, 2014 | 3.82 | 1.87 |
| Apr 26, 2013 | 4.57 | 1.93 |
| Apr 27, 2012 | 1.62 | 1.81 |
| Apr 29, 2011 | 1.93 | 1.91 |
| Apr 30, 2010 | 1.92 | 1.80 |
| Apr 24, 2009 | 2.37 | 1.75 |
| Apr 25, 2008 | 2.07 | 1.42 |
| Apr 27, 2007 | 3.09 | 1.51 |
| Apr 28, 2006 | 2.36 | 1.39 |
| Apr 29, 2005 | 2.20 | 1.63 |
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), 10-K (reporting date: 2018-04-27), 10-K (reporting date: 2017-04-28), 10-K (reporting date: 2016-04-29), 10-K (reporting date: 2015-04-24), 10-K (reporting date: 2014-04-25), 10-K (reporting date: 2013-04-26), 10-K (reporting date: 2012-04-27), 10-K (reporting date: 2011-04-29), 10-K (reporting date: 2010-04-30), 10-K (reporting date: 2009-04-24), 10-K (reporting date: 2008-04-25), 10-K (reporting date: 2007-04-27), 10-K (reporting date: 2006-04-28), 10-K (reporting date: 2005-04-29).