Stock Analysis on Net
Stock Analysis on Net

Medtronic PLC (NYSE:MDT)

Common-Size Balance Sheet: Assets

Medtronic PLC, common-size consolidated balance sheet: assets

Microsoft Excel
Apr 28, 2023 Apr 29, 2022 Apr 30, 2021 Apr 24, 2020 Apr 26, 2019 Apr 27, 2018
Cash and cash equivalents 1.70 4.08 3.86 4.57 4.90 4.01
Investments 7.05 7.54 7.76 7.51 6.08 8.27
Accounts receivable, less allowances and credit losses 6.59 6.10 5.87 5.12 6.94 6.55
Inventories, net 5.82 5.07 4.63 4.66 4.18 3.92
Other current assets 2.67 2.55 2.10 2.44 2.39 2.39
Current assets 23.83% 25.34% 24.22% 24.29% 24.49% 25.14%
Property, plant, and equipment, net 6.12 5.95 5.61 5.32 5.21 5.04
Goodwill 45.55 44.52 45.08 43.93 44.55 43.27
Other intangible assets, net 16.32 17.14 19.06 21.02 22.92 23.77
Tax assets 3.82 3.74 3.40 3.12 1.69 1.60
Other assets 4.35 3.31 2.63 2.31 1.13 1.18
Noncurrent assets 76.17% 74.66% 75.78% 75.71% 75.51% 74.86%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 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).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Medtronic PLC current assets as a percentage of total assets increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Property, plant, and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Medtronic PLC property, plant, and equipment, net as a percentage of total assets increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Medtronic PLC noncurrent assets as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.