Medtronic PLC (MDT) — Cash Flow-to-Debt Ratio
Medtronic PLC (MDT) has a Cash Flow-to-Debt Ratio of 0.06x as of April 2026, meaning its operating cash flow of $2.57 Billion could theoretically repay 0% of its total liabilities ($42.96 Billion) in one year. See financial agility of Medtronic PLC to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Medtronic PLC Cash Flow-to-Debt Ratio (1990–2026)
Historical debt coverage capacity for Medtronic PLC across 37 annual periods. For the full cash flow conversion analysis, see MDT cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Medtronic PLC (1990–2026)
Year-by-year debt coverage analysis for Medtronic PLC. Check Medtronic PLC (MDT) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.17x | $7.33 Billion | $42.96 Billion | ▲ +5.2% |
| 2025 | 0.16x | $7.04 Billion | $43.42 Billion | ▼ -5.4% |
| 2024 | 0.17x | $6.79 Billion | $39.56 Billion | ▲ +11.6% |
| 2023 | 0.15x | $6.04 Billion | $39.28 Billion | ▼ -19.9% |
| 2022 | 0.19x | $7.35 Billion | $38.26 Billion | ▲ +27.6% |
| 2021 | 0.15x | $6.24 Billion | $41.48 Billion | ▼ -17.2% |
| 2020 | 0.18x | $7.23 Billion | $39.82 Billion | ▲ +2.4% |
| 2019 | 0.18x | $7.01 Billion | $39.48 Billion | ▲ +53.7% |
| 2018 | 0.12x | $4.68 Billion | $40.57 Billion | ▼ -17.1% |
| 2017 | 0.14x | $6.88 Billion | $49.40 Billion | ▲ +27.4% |
| 2016 | 0.11x | $5.22 Billion | $47.72 Billion | ▲ +19.2% |
| 2015 | 0.09x | $4.90 Billion | $53.45 Billion | ▼ -65.8% |
| 2014 | 0.27x | $4.96 Billion | $18.50 Billion | ▼ -11.5% |
| 2013 | 0.30x | $4.88 Billion | $16.12 Billion | ▲ +8.2% |
| 2012 | 0.28x | $4.47 Billion | $15.97 Billion | ▲ +8.2% |
| 2011 | 0.26x | $3.74 Billion | $14.46 Billion | ▼ -15.7% |
| 2010 | 0.31x | $4.13 Billion | $13.46 Billion | ▼ -14.5% |
| 2009 | 0.36x | $3.88 Billion | $10.81 Billion | ▲ +9.6% |
| 2008 | 0.33x | $3.49 Billion | $10.66 Billion | ▼ -6.2% |
| 2007 | 0.35x | $2.98 Billion | $8.54 Billion | ▲ +62.6% |
| 2006 | 0.21x | $2.21 Billion | $10.28 Billion | ▼ -53.0% |
| 2005 | 0.46x | $2.82 Billion | $6.17 Billion | ▼ -19.1% |
| 2004 | 0.57x | $2.85 Billion | $5.03 Billion | ▲ +20.1% |
| 2003 | 0.47x | $2.08 Billion | $4.41 Billion | ▲ +32.4% |
| 2002 | 0.36x | $1.59 Billion | $4.47 Billion | ▼ -70.3% |
| 2001 | 1.20x | $1.83 Billion | $1.53 Billion | ▲ +35.4% |
| 2000 | 0.88x | $1.04 Billion | $1.18 Billion | ▲ +136.2% |
| 1999 | 0.37x | $455.30 Million | $1.22 Billion | ▼ -60.5% |
| 1998 | 0.95x | $693.10 Million | $730.50 Million | ▲ +35.7% |
| 1997 | 0.70x | $463.60 Million | $663.00 Million | ▼ -0.2% |
| 1996 | 0.70x | $500.50 Million | $714.00 Million | ▲ +10.7% |
| 1995 | 0.63x | $387.20 Million | $611.70 Million | ▲ +1.1% |
| 1994 | 0.63x | $356.90 Million | $569.80 Million | ▼ -4.4% |
| 1993 | 0.66x | $291.50 Million | $445.00 Million | ▲ +58.8% |
| 1992 | 0.41x | $151.40 Million | $367.00 Million | ▲ +11.1% |
| 1991 | 0.37x | $126.60 Million | $340.90 Million | ▲ +9.7% |
| 1990 | 0.34x | $106.80 Million | $315.50 Million | — |