CSIMarket
 

Medtronic Plc  (MDT)
Other Ticker:  
 

Cumulative Medtronic Plc's Interest Coverage ratios

MDT's Interest expense and Ebitda growth



MDT Interest Coverage (Jan 26 2024)
III. Quarter
(Oct 27 2023)
II. Quarter
(Jul 28 2023)
I. Quarter
(Apr 28 2023)
IV. Quarter
(Jan 27 2023)
III. Quarter
Y / Y Interest expense Change 12.57 % 52.54 % -9.76 % 30.77 % 21.9 %
Y / Y Ebitda Change 3.96 % -0.87 % 7.46 % -0.7 % -7.38 %
Interest Coverage (TTM) 12.67 12.93 14.25 13.67 14.72
Total Ranking # 362 # 532 # 545 # 634 # 472
Seq. Interest expense Change 4.44 % 21.62 % -20.86 % 11.98 % 41.53 %
Seq. Ebitda Change 6.65 % 7.39 % -16.56 % 8.78 % 1.69 %




Interest Coverage in the third quarter 2023 Comment
Medtronic Plc's interest coverage ratio sequentially decreased to 12.67 below company average. Due to increase of interest expenses in the third quarter 2023.

Within Healthcare sector 39 other companies have achieved higher interest coverage ratio during the Q3 2023. While Interest coverage ratio total ranking has improved in the third quarter 2023 to 362, from total ranking in the second quarter 2023 at 532.

What is Interest Coverage Ratio?
Source of Medtronic Plc sales

Interest Coverage Company Ranking
Within: No.
Industry # 17
Sector # 40
S&P 500 # 362


Interest Coverage Statistics
High Average Low
232
28.3
5.22
(Oct. 24. 2008)   (Jul 26 2019)





Financial Statements
Medtronic Plc's Interest expense $ 188 Millions Visit MDT's Income Statement
Medtronic Plc's Ebitda $ 2,309 Millions Visit MDT's Income Statement
Where are MDT's Sales coming from? Visit MDT's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Jan 26 2024, within Healthcare Sector Interest Coverage Ratio EBITDA 12 months ending Jan 26 2024Interest net 12 months ending Jan 26 2024
Zynex inc   14.36 $ 15.705  Millions$ 1.094  Millions
Healthcare Services Group Inc   7.58 $ 59.544  Millions$ 7.856  Millions
Exelixis Inc   5.25 $ 454.216  Millions$ 86.543  Millions
Davita Inc   3.82 $ 1,523.986  Millions$ 398.551  Millions
Privia Health Group Inc   3.25 $ 27.182  Millions$ 8.372  Millions

Date modified: 2024-02-28T14:58:19+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com