Medtronic Debt-to-Assets Ratio Growth & History (MDT)

Medtronic's debt-to-assets ratio was 0.29 for fiscal 2026.

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Medtronic annual debt-to-assets ratio history

Medtronic annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20262026-04-240.290.00+0.80%
20252025-04-250.290.00+0.87%
20242024-04-260.290.01+3.61%
20232023-04-280.280.05+19.58%
20222022-04-290.23−0.06−20.66%
20212021-04-300.290.01+3.00%
20202020-04-240.290.00+0.87%
20192019-04-260.280.00+0.53%
20182018-04-270.28−0.05−15.75%
20172017-04-280.330.02+7.71%
20162016-04-290.31−0.02−6.97%
20152015-04-240.330.06+22.76%
20142014-04-250.27

Medtronic debt-to-assets ratio trends

Over the last five fiscal years, Medtronic's debt-to-assets ratio decreased from 0.29 to 0.29, a change of −0.00. The latest reported quarter, Q1 2027, shows 0.27.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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