Today's special offer: Access for Free!!!

Medtronic Inc. (MDT) | Long-term Debt and Solvency Analysis

See also

ˇ Show More

Solvency ratios also known as long-term debt ratios measure a company's ability to meet long-term obligations.


Ratios (Summary)

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Medtronic Inc., debt and solvency ratios

Export to Excel Export to OpenOffice.org
    Apr 29, 2011 Apr 30, 2010 Apr 24, 2009 Apr 25, 2008 Apr 27, 2007 Apr 28, 2006
chart Debt to equity
chart Debt to capital
chart Interest coverage

Source: Based on data from Medtronic Inc. Annual Reports

Ratio Description The company
Debt-to-equity ratio A solvency ratio calculated as total debt divided by total shareholders' equity. Medtronic Inc.'s debt-to-equity ratio deteriorated from 2009 to 2010 but then slightly improved from 2010 to 2011.
Debt-to-capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. Medtronic Inc.'s debt-to-capital ratio deteriorated from 2009 to 2010 but then slightly improved from 2010 to 2011.
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Medtronic Inc.'s interest coverage ratio deteriorated from 2009 to 2010 and from 2010 to 2011.

Debt to Equity

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Export to Excel Export to OpenOffice.org
    Apr 29, 2011 Apr 30, 2010 Apr 24, 2009 Apr 25, 2008 Apr 27, 2007 Apr 28, 2006
  Selected Financial Data (USD $ in millions)
chart Short-term borrowings
chart Long-term debt
chart Total debt
chart Shareholders’ equity
  Debt to Equity, Comparison to Industry
chart Medtronic Inc.1
  Industry, Health Care

Source: Based on data from Medtronic Inc. Annual Reports

2011 Calculations

1 Debt to equity = Total debt ÷ Shareholders’ equity
= ÷ =

Ratio Description The company
Debt-to-equity ratio A solvency ratio calculated as total debt divided by total shareholders' equity. Medtronic Inc.'s debt-to-equity ratio deteriorated from 2009 to 2010 but then slightly improved from 2010 to 2011.

Debt to Capital

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Export to Excel Export to OpenOffice.org
    Apr 29, 2011 Apr 30, 2010 Apr 24, 2009 Apr 25, 2008 Apr 27, 2007 Apr 28, 2006
  Selected Financial Data (USD $ in millions)
chart Short-term borrowings
chart Long-term debt
chart Total debt
chart Shareholders’ equity
chart Total capital
  Debt to Capital, Comparison to Industry
chart Medtronic Inc.1
  Industry, Health Care

Source: Based on data from Medtronic Inc. Annual Reports

2011 Calculations

1 Debt to capital = Total debt ÷ Total capital
= ÷ =

Ratio Description The company
Debt-to-capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders' equity. Medtronic Inc.'s debt-to-capital ratio deteriorated from 2009 to 2010 but then slightly improved from 2010 to 2011.

Interest Coverage

You have visited 10 password protected pages for free. Others contain data covered by .

Sign Up Now to get full access to whole website and cut out all advertisements.

Export to Excel Export to OpenOffice.org
    Apr 29, 2011 Apr 30, 2010 Apr 24, 2009 Apr 25, 2008 Apr 27, 2007 Apr 28, 2006
  Selected Financial Data (USD $ in millions)
chart Net earnings
chart Add: Interest expense
chart Add: Income tax expense (benefit)
chart Earnings before interest and tax (EBIT)
  Interest Coverage, Comparison to Industry
chart Medtronic Inc.1
  Industry, Health Care

Source: Based on data from Medtronic Inc. Annual Reports

2011 Calculations

1 Interest coverage = EBIT ÷ Interest expense
= ÷ =

Ratio Description The company
Interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments. Medtronic Inc.'s interest coverage ratio deteriorated from 2009 to 2010 and from 2010 to 2011.

Stock Analysis on Net (www.stock-analysis-on.net)
Copyright © 2012 EBIT Financial Analyses Center