Medtronic (MIL:1MDT) Total Assets : €82,659 Mil (As of Oct. 2024)

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What is Medtronic Total Assets?

Medtronic's Total Assets for the quarter that ended in Oct. 2024 was €82,659 Mil.

During the past 12 months, Medtronic's average Total Assets Growth Rate was -0.40% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 0.70% per year. During the past 10 years, the average Total Assets Growth Rate was 5.30% per year.

During the past 13 years, Medtronic's highest 3-Year average Total Assets Growth Rate was 54.90%. The lowest was -5.70%. And the median was 15.90%.

Total Assets is connected with ROA %. Medtronic's annualized ROA % for the quarter that ended in Oct. 2024 was 5.64%. Total Assets is also linked to Revenue through Asset Turnover. Medtronic's Asset Turnover for the quarter that ended in Oct. 2024 was 0.09.

Medtronic Total Assets Historical Data

The historical data trend for Medtronic's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Medtronic Total Assets Chart

Medtronic Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Total Assets

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83,433.88

77,817.39

84,248.41

82,944.58

83,862.29

Medtronic Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Total Assets	Get a 7-Day Free Trial															85,312.39	83,387.45	83,862.29	82,748.58	82,658.56

Medtronic Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Medtronic's Total Assets for the fiscal year that ended in Apr. 2024 is calculated as

Total Assets	=	Total Equity (A: Apr. 2024 )	+	Total Liabilities (A: Apr. 2024 )
	=	46991.44	+	36870.852
	=	83,862

Medtronic's Total Assets for the quarter that ended in Oct. 2024 is calculated as

Total Assets	=	Total Equity (Q: Oct. 2024 )	+	Total Liabilities (Q: Oct. 2024 )
	=	44721.288	+	37937.268
	=	82,659

Medtronic (MIL:1MDT) Total Assets Explanation

Total Assets is connected with ROA %.

Medtronic's annualized ROA % for the quarter that ended in Oct. 2024 is

ROA %	=	Net Income (Q: Oct. 2024 )	/	( (Total Assets (Q: Jul. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
	=	4663.44	/	( (82748.578	+	82658.556)	/ 2 )
	=	4663.44	/	82703.567
	=	5.64 %

Note: The Net Income data used here is four times the quarterly (Oct. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Medtronic's Asset Turnover for the quarter that ended in Oct. 2024 is

	Asset Turnover
=	Revenue (Q: Oct. 2024 )	/	( (Total Assets (Q: Jul. 2024 )	+	Total Assets (Q: Oct. 2024 ))	/ count )
=	7713.954	/	( (82748.578	+	82658.556)	/ 2 )
=	7713.954	/	82703.567
=	0.09

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Medtronic Total Assets Related Terms

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Medtronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medtronic PLC (MIL:1MDT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

MDT:USA MDTN:Mexico 0Y6X:UK 2M6:Germany 2M6:Germany 2M6:Germany 2M6:Germany MDTC34:Brazil MDT:Austria MDT:Argentina

Address

Lower Hatch Street, 20 On Hatch, Dublin, IRL, 2

Website

https://www.medtronic.com

One of the largest medical-device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for roughly 50% of the company's total sales.

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