Debt to Equity
since 2005
Calculation
Medtronic PLC, debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Shareholders’ equity1 | |
|---|---|---|---|---|---|
| Apr 26, 2024 | 0.50 | = | 25,024) | ÷ | 50,214) |
| Apr 28, 2023 | 0.47 | = | 24,364) | ÷ | 51,483) |
| Apr 29, 2022 | 0.46 | = | 24,114) | ÷ | 52,551) |
| Apr 30, 2021 | 0.51 | = | 26,389) | ÷ | 51,428) |
| Apr 24, 2020 | 0.49 | = | 24,797) | ÷ | 50,737) |
| Apr 26, 2019 | 0.51 | = | 25,324) | ÷ | 50,091) |
| Apr 27, 2018 | 0.51 | = | 25,757) | ÷ | 50,720) |
| Apr 28, 2017 | 0.66 | = | 33,441) | ÷ | 50,294) |
| Apr 29, 2016 | 0.60 | = | 31,240) | ÷ | 52,063) |
| Apr 24, 2015 | 0.68 | = | 36,186) | ÷ | 53,230) |
| Apr 25, 2014 | 0.61 | = | 11,928) | ÷ | 19,443) |
| Apr 26, 2013 | 0.57 | = | 10,651) | ÷ | 18,671) |
| Apr 27, 2012 | 0.62 | = | 10,633) | ÷ | 17,113) |
| Apr 29, 2011 | 0.62 | = | 9,835) | ÷ | 15,968) |
| Apr 30, 2010 | 0.65 | = | 9,519) | ÷ | 14,629) |
| Apr 24, 2009 | 0.57 | = | 7,294) | ÷ | 12,851) |
| Apr 25, 2008 | 0.60 | = | 6,956) | ÷ | 11,536) |
| Apr 27, 2007 | 0.55 | = | 6,087) | ÷ | 10,977) |
| Apr 28, 2006 | 0.84 | = | 7,923) | ÷ | 9,383) |
| Apr 29, 2005 | 0.23 | = | 2,452) | ÷ | 10,450) |
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, debt to equity, 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 | 0.50 | — | — | — | — | — | — | — |
| Apr 28, 2023 | 0.47 | 0.38 | 0.67 | 0.81 | 0.64 | 0.74 | 0.00 | 0.70 |
| Apr 29, 2022 | 0.46 | 0.46 | 0.69 | 0.74 | 0.66 | 0.75 | 0.00 | 0.74 |
| Apr 30, 2021 | 0.51 | 0.50 | 0.71 | 0.75 | 0.64 | 0.80 | 0.00 | 0.64 |
| Apr 24, 2020 | 0.49 | 0.57 | 0.65 | 0.93 | 0.60 | 0.51 | 0.00 | 0.66 |
| Apr 26, 2019 | 0.51 | 0.58 | 0.83 | 1.07 | 0.63 | 0.49 | 0.00 | 0.71 |
| Apr 27, 2018 | 0.51 | 0.64 | 1.04 | 1.26 | 0.67 | 0.61 | 0.00 | 0.71 |
| Apr 28, 2017 | 0.66 | 0.90 | 0.40 | 0.72 | 0.75 | 0.51 | 0.00 | 0.66 |
| Apr 29, 2016 | 0.60 | 1.07 | 0.37 | 0.75 | 0.63 | 0.40 | 0.00 | 0.86 |
| Apr 24, 2015 | 0.68 | 0.42 | 0.43 | 0.74 | 0.69 | 0.43 | 0.00 | 0.95 |
| Apr 25, 2014 | 0.61 | 0.36 | 0.48 | 0.34 | 0.62 | 0.43 | 0.00 | 0.54 |
| Apr 26, 2013 | 0.57 | 0.26 | 0.50 | 0.35 | 0.59 | 0.32 | 0.00 | 0.52 |
| Apr 27, 2012 | 0.62 | 0.77 | 0.53 | 0.26 | 0.63 | 0.33 | 0.00 | 0.54 |
| Apr 29, 2011 | 0.62 | 0.63 | 0.61 | 0.26 | 0.42 | 0.24 | 0.00 | 0.41 |
| Apr 30, 2010 | 0.65 | 0.85 | 0.43 | 0.27 | 0.38 | 0.30 | 0.00 | 0.43 |
| Apr 24, 2009 | 0.57 | 0.72 | 0.47 | 0.31 | 0.34 | 0.36 | 0.00 | 0.47 |
| Apr 25, 2008 | 0.60 | 0.65 | 0.67 | 0.34 | 0.41 | 0.48 | 0.00 | 0.62 |
| Apr 27, 2007 | 0.55 | 0.69 | 0.38 | 0.33 | 0.39 | 0.49 | 0.00 | 0.55 |
| Apr 28, 2006 | 0.84 | 0.88 | 0.39 | 0.51 | 0.29 | 0.51 | 0.00 | 0.36 |
| Apr 29, 2005 | 0.23 | 0.46 | 0.27 | 0.26 | 0.27 | 0.44 | 0.00 | 0.40 |
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, debt to equity, long-term trends, comparison to sector (health care equipment & services)
| Medtronic PLC | Health Care Equipment & Services | |
|---|---|---|
| Apr 26, 2024 | 0.50 | — |
| Apr 28, 2023 | 0.47 | 0.62 |
| Apr 29, 2022 | 0.46 | 0.63 |
| Apr 30, 2021 | 0.51 | 0.63 |
| Apr 24, 2020 | 0.49 | 0.65 |
| Apr 26, 2019 | 0.51 | 0.72 |
| Apr 27, 2018 | 0.51 | 0.80 |
| Apr 28, 2017 | 0.66 | 0.68 |
| Apr 29, 2016 | 0.60 | 0.68 |
| Apr 24, 2015 | 0.68 | 0.67 |
| Apr 25, 2014 | 0.61 | 0.47 |
| Apr 26, 2013 | 0.57 | 0.43 |
| Apr 27, 2012 | 0.62 | 0.51 |
| Apr 29, 2011 | 0.62 | 0.43 |
| Apr 30, 2010 | 0.65 | 0.45 |
| Apr 24, 2009 | 0.57 | 0.45 |
| Apr 25, 2008 | 0.60 | 0.49 |
| Apr 27, 2007 | 0.55 | 0.47 |
| Apr 28, 2006 | 0.84 | 0.50 |
| Apr 29, 2005 | 0.23 | 0.33 |
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, debt to equity, long-term trends, comparison to industry (health care)
| Medtronic PLC | Health Care | |
|---|---|---|
| Apr 26, 2024 | 0.50 | — |
| Apr 28, 2023 | 0.47 | 0.83 |
| Apr 29, 2022 | 0.46 | 0.74 |
| Apr 30, 2021 | 0.51 | 0.80 |
| Apr 24, 2020 | 0.49 | 0.90 |
| Apr 26, 2019 | 0.51 | 0.91 |
| Apr 27, 2018 | 0.51 | 0.87 |
| Apr 28, 2017 | 0.66 | 0.79 |
| Apr 29, 2016 | 0.60 | 0.75 |
| Apr 24, 2015 | 0.68 | 0.68 |
| Apr 25, 2014 | 0.61 | 0.52 |
| Apr 26, 2013 | 0.57 | 0.49 |
| Apr 27, 2012 | 0.62 | 0.51 |
| Apr 29, 2011 | 0.62 | 0.45 |
| Apr 30, 2010 | 0.65 | 0.41 |
| Apr 24, 2009 | 0.57 | 0.41 |
| Apr 25, 2008 | 0.60 | 0.41 |
| Apr 27, 2007 | 0.55 | 0.36 |
| Apr 28, 2006 | 0.84 | 0.33 |
| Apr 29, 2005 | 0.23 | 0.30 |
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).