Medtronic PLC (MDT) — Cash Flow-to-Debt Ratio

Latest as of January 2026: 0.06x

Medtronic PLC (MDT) has a Cash Flow-to-Debt Ratio of 0.06x as of January 2026, meaning its operating cash flow of $2.74 Billion could theoretically repay 0% of its total liabilities ($42.29 Billion) in one year. See Medtronic PLC free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.06x
Operating CF / Total Liabilities

Operating Cash Flow

$2.74 Billion
USD

Total Liabilities

$42.29 Billion
USD

Data as of

Jan 2026
Most recent filing

Medtronic PLC Cash Flow-to-Debt Ratio (1990–2025)

Historical debt coverage capacity for Medtronic PLC across 36 annual periods. Also explore Medtronic PLC (MDT) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Medtronic PLC (1990–2025)

Year-by-year debt coverage analysis for Medtronic PLC. For market capitalisation and broader financial context, see MDT company net worth.

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
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
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.