Medtronic Dividends Paid vs Change In Cash Analysis

MDT Stock  USD 82.48  0.25  0.30%   
Medtronic PLC financial indicator trend analysis is infinitely more than just investigating Medtronic PLC recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Medtronic PLC is a good investment. Please check the relationship between Medtronic PLC Dividends Paid and its Change In Cash accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.

Dividends Paid vs Change In Cash

Dividends Paid vs Change In Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Medtronic PLC Dividends Paid account and Change In Cash. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Medtronic PLC's Dividends Paid and Change In Cash is -0.3. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Change In Cash in the same time period over historical financial statements of Medtronic PLC, assuming nothing else is changed. The correlation between historical values of Medtronic PLC's Dividends Paid and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Medtronic PLC are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Dividends Paid i.e., Medtronic PLC's Dividends Paid and Change In Cash go up and down completely randomly.

Correlation Coefficient

-0.3
Relationship DirectionNegative 
Relationship StrengthInsignificant

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Change In Cash

Most indicators from Medtronic PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Medtronic PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Medtronic PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Medtronic Stock please use our How to Invest in Medtronic PLC guide.At this time, Medtronic PLC's Issuance Of Capital Stock is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 24.28 in 2024, whereas Selling General Administrative is likely to drop slightly above 7.7 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit21.5B20.5B21.1B22.2B
Total Revenue31.7B31.2B32.4B34.0B

Medtronic PLC fundamental ratios Correlations

0.980.660.860.990.850.970.770.740.990.50.550.890.860.960.860.790.730.990.880.270.860.870.870.20.92
0.980.540.820.940.780.990.820.770.960.530.640.870.780.980.750.680.631.00.890.360.890.770.920.30.94
0.660.540.460.720.760.550.550.310.650.040.250.70.570.580.780.730.490.580.6-0.330.420.750.35-0.40.56
0.860.820.460.860.80.810.460.670.850.710.390.760.790.730.810.850.690.830.740.610.620.810.690.290.67
0.990.940.720.860.890.940.730.70.990.490.490.880.890.930.90.850.770.960.850.220.820.920.810.140.89
0.850.780.760.80.890.820.610.350.860.650.220.840.750.740.970.920.690.80.720.060.490.950.57-0.170.66
0.970.990.550.810.940.820.830.690.950.570.590.890.770.980.790.70.630.990.880.30.850.80.90.230.92
0.770.820.550.460.730.610.830.50.730.160.650.770.510.860.560.370.320.810.790.040.750.550.75-0.010.83
0.740.770.310.670.70.350.690.50.720.180.680.550.620.750.380.410.470.770.70.540.860.430.750.580.77
0.990.960.650.850.990.860.950.730.720.510.460.850.890.950.860.810.770.970.810.260.860.890.860.210.9
0.50.530.040.710.490.650.570.160.180.510.070.450.430.410.580.580.440.50.410.470.20.570.40.220.3
0.550.640.250.390.490.220.590.650.680.460.070.580.30.650.20.080.10.620.830.290.660.220.660.310.7
0.890.870.70.760.880.840.890.770.550.850.450.580.740.860.810.750.590.880.910.160.670.790.73-0.010.81
0.860.780.570.790.890.750.770.510.620.890.430.30.740.770.790.790.950.820.630.260.750.820.750.260.77
0.960.980.580.730.930.740.980.860.750.950.410.650.860.770.730.620.620.990.880.220.920.750.920.250.96
0.860.750.780.810.90.970.790.560.380.860.580.20.810.790.730.950.720.780.690.050.50.990.55-0.170.67
0.790.680.730.850.850.920.70.370.410.810.580.080.750.790.620.950.730.710.590.180.450.930.49-0.060.56
0.730.630.490.690.770.690.630.320.470.770.440.10.590.950.620.720.730.670.460.180.590.770.580.260.59
0.991.00.580.830.960.80.990.810.770.970.50.620.880.820.990.780.710.670.890.330.890.80.910.270.94
0.880.890.60.740.850.720.880.790.70.810.410.830.910.630.880.690.590.460.890.270.740.690.770.140.85
0.270.36-0.330.610.220.060.30.040.540.260.470.290.160.260.220.050.180.180.330.270.310.060.40.680.2
0.860.890.420.620.820.490.850.750.860.860.20.660.670.750.920.50.450.590.890.740.310.560.950.470.95
0.870.770.750.810.920.950.80.550.430.890.570.220.790.820.750.990.930.770.80.690.060.560.59-0.110.7
0.870.920.350.690.810.570.90.750.750.860.40.660.730.750.920.550.490.580.910.770.40.950.590.480.94
0.20.3-0.40.290.14-0.170.23-0.010.580.210.220.31-0.010.260.25-0.17-0.060.260.270.140.680.47-0.110.480.25
0.920.940.560.670.890.660.920.830.770.90.30.70.810.770.960.670.560.590.940.850.20.950.70.940.25
Click cells to compare fundamentals

Medtronic PLC Account Relationship Matchups

Medtronic PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets90.7B93.1B91.0B90.9B90.0B94.5B
Short Long Term Debt Total24.8B26.4B24.1B24.4B26.0B27.3B
Other Current Liab5.6B5.8B5.7B5.3B5.8B6.1B
Total Current Liabilities10.4B8.5B12.4B9.1B10.8B11.3B
Total Stockholder Equity50.7B51.4B52.6B51.5B50.2B52.7B
Property Plant And Equipment Net4.8B5.2B5.4B5.6B7.1B7.5B
Net Debt20.7B22.8B20.4B22.8B24.8B26.0B
Retained Earnings28.1B28.6B30.3B30.4B30.4B31.9B
Cash4.1B3.6B3.7B1.5B1.3B1.6B
Non Current Assets Total68.7B70.5B67.9B69.3B68.0B71.4B
Non Currrent Assets Other1.6B1.7B2.0B2.3B5.1B5.3B
Cash And Short Term Investments10.9B10.8B10.6B8.0B8.0B4.9B
Net Receivables4.6B5.5B5.6B6.0B6.1B6.4B
Common Stock Shares Outstanding1.4B1.4B1.4B1.3B1.3B1.2B
Liabilities And Stockholders Equity90.7B93.1B91.0B90.9B90.0B94.5B
Non Current Liabilities Total29.5B33.0B25.9B30.2B28.8B30.2B
Inventory4.2B4.3B4.6B5.3B5.2B5.5B
Other Current Assets2.2B2.0B2.3B2.4B2.6B2.7B
Other Stockholder Equity26.2B26.3B24.6B24.6B23.1B24.3B
Total Liab39.8B41.5B38.3B39.3B39.6B41.5B
Total Current Assets22.0B22.5B23.1B21.7B21.9B23.0B
Short Term Debt2.8B197M3.7B200M1.3B1.2B
Intangible Assets19.1B17.7B15.6B14.8B13.2B6.9B
Accounts Payable2.0B2.1B2.3B2.7B2.4B2.5B
Other Liab6.7B5.8B5.5B6.8B7.8B3.9B
Other Assets2.1B3.5B1M(1M)(1.2M)(1.1M)
Long Term Debt22.0B26.4B20.4B24.3B23.9B14.3B
Good Will39.8B42.0B40.5B41.4B41.0B21.9B
Short Term Investments6.8B7.2B6.9B6.4B6.7B5.1B
Accumulated Other Comprehensive Income(3.6B)(3.5B)(2.3B)(3.5B)(3.3B)(3.2B)
Common Stock134.1K134.5K133.1K133.1K119.8K113.8K
Property Plant Equipment4.8B6.2B5.4B6.6B7.6B8.0B
Property Plant And Equipment Gross5.8B5.2B13.4B14.1B14.1B14.8B
Short Long Term Debt2.8B11M3.7B20M1.1B1.0B
Net Tangible Assets50.7B(8.3B)(3.5B)51.5B59.2B62.2B
Deferred Long Term Liab1.2B1.0B884M708M637.2M605.3M
Noncontrolling Interest In Consolidated Entity135M174M171M182M209.3M123.1M

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Additional Tools for Medtronic Stock Analysis

When running Medtronic PLC's price analysis, check to measure Medtronic PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Medtronic PLC is operating at the current time. Most of Medtronic PLC's value examination focuses on studying past and present price action to predict the probability of Medtronic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Medtronic PLC's price. Additionally, you may evaluate how the addition of Medtronic PLC to your portfolios can decrease your overall portfolio volatility.