Medtronic PLC (MDT) — Defensive Interval Ratio
Medtronic PLC (MDT) has a Defensive Interval Ratio of 436 days as of April 2026. Defensive assets of $13.91 Billion (cash $-, short-term investments $7.27 Billion, receivables $6.64 Billion) cover 436 days of daily cash needs of $31.94 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Medtronic PLC Defensive Interval Ratio (1986–2026)
This chart shows how Medtronic PLC's Defensive Interval Ratio has evolved across 41 annual periods from 1986 to 2026. As of April 2026, the ratio stands at 436 days, meaning defensive assets of $13.91 Billion can fund 436 days of operations without new revenue. For the complete balance sheet picture, see Medtronic PLC asset portfolio.
Annual Defensive Interval Ratio for Medtronic PLC (1986–2026)
The table below presents the year-by-year Defensive Interval Ratio for Medtronic PLC from 1986 to 2026, covering 41 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Medtronic PLC working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 436 days | $13.91 Billion | $31.94 Million/day | $- | $7.27 Billion | ▼ -3 days |
| 2025 | 439 days | $15.48 Billion | $35.28 Million/day | $2.22 Billion | $6.75 Billion | ▼ -39 days |
| 2024 | 478 days | $14.13 Billion | $29.56 Million/day | $1.28 Billion | $6.72 Billion | ▼ -85 days |
| 2023 | 563 days | $13.96 Billion | $24.80 Million/day | $1.54 Billion | $6.42 Billion | ▲ +88 days |
| 2022 | 475 days | $16.12 Billion | $33.96 Million/day | $3.71 Billion | $6.86 Billion | ▼ -223 days |
| 2021 | 698 days | $16.28 Billion | $23.31 Million/day | $3.59 Billion | $7.22 Billion | ▲ +149 days |
| 2020 | 549 days | $15.59 Billion | $28.40 Million/day | $4.14 Billion | $6.81 Billion | ▼ -143 days |
| 2019 | 692 days | $16.07 Billion | $23.21 Million/day | $4.39 Billion | $5.46 Billion | ▲ +69 days |
| 2018 | 623 days | $17.21 Billion | $27.63 Million/day | $3.67 Billion | $7.56 Billion | ▲ +129 days |
| 2017 | 494 days | $19.30 Billion | $39.08 Million/day | $4.97 Billion | $8.74 Billion | ▼ -287 days |
| 2016 | 780 days | $15.32 Billion | $19.63 Million/day | $- | $9.76 Billion | ▼ -5 days |
| 2015 | 786 days | $19.75 Billion | $25.13 Million/day | $- | $14.64 Billion | ▼ -305 days |
| 2014 | 1091 days | $16.65 Billion | $15.27 Million/day | $- | $12.84 Billion | ▼ -186 days |
| 2013 | 1276 days | $13.81 Billion | $10.82 Million/day | $- | $10.09 Billion | ▲ +955 days |
| 2012 | 321 days | $5.15 Billion | $16.05 Million/day | $- | $1.34 Billion | ▼ -56 days |
| 2011 | 377 days | $4.87 Billion | $12.92 Million/day | $- | $1.05 Billion | ▼ -30 days |
| 2010 | 407 days | $5.71 Billion | $14.03 Million/day | $- | $2.38 Billion | ▼ -2 days |
| 2009 | 409 days | $3.53 Billion | $8.62 Million/day | $- | $405.00 Million | ▲ +5 days |
| 2008 | 404 days | $3.91 Billion | $9.68 Million/day | $- | $553.00 Million | ▼ -245 days |
| 2007 | 649 days | $4.56 Billion | $7.02 Million/day | $- | $1.82 Billion | ▲ +191 days |
| 2006 | 459 days | $5.54 Billion | $12.07 Million/day | $- | $3.11 Billion | ▲ +86 days |
| 2005 | 373 days | $3.45 Billion | $9.26 Million/day | $- | $1.16 Billion | ▲ +172 days |
| 2004 | 200 days | $2.33 Billion | $11.62 Million/day | $- | $333.80 Million | ▼ -143 days |
| 2003 | 343 days | $1.78 Billion | $5.20 Million/day | $- | $22.70 Million | ▲ +192 days |
| 2002 | 151 days | $1.65 Billion | $10.92 Million/day | $- | $123.00 Million | ▼ -233 days |
| 2001 | 383 days | $1.43 Billion | $3.72 Million/day | $- | $201.40 Million | ▼ -103 days |
| 2000 | 486 days | $1.32 Billion | $2.72 Million/day | $- | $109.70 Million | ▲ +59 days |
| 1999 | 427 days | $1.16 Billion | $2.71 Million/day | $- | $153.80 Million | ▲ +66 days |
| 1998 | 361 days | $566.10 Million | $1.57 Million/day | $- | $- | ▼ -3 days |
| 1997 | 364 days | $517.00 Million | $1.42 Million/day | $- | $- | ▲ +46 days |
| 1996 | 318 days | $456.80 Million | $1.44 Million/day | $- | $- | ▼ -14 days |
| 1995 | 331 days | $413.90 Million | $1.25 Million/day | $- | $- | ▼ -12 days |
| 1994 | 344 days | $413.60 Million | $1.20 Million/day | $- | $- | ▼ -23 days |
| 1993 | 367 days | $350.00 Million | $953.70K/day | $- | $- | ▼ -27 days |
| 1992 | 394 days | $332.90 Million | $845.48K/day | $- | $- | ▲ +19 days |
| 1991 | 375 days | $300.00 Million | $800.27K/day | $- | $- | ▲ +20 days |
| 1990 | 355 days | $253.10 Million | $713.42K/day | $- | $- | ▲ +22 days |
| 1989 | 333 days | $211.10 Million | $634.52K/day | $- | $- | ▼ -59 days |
| 1988 | 392 days | $202.60 Million | $516.99K/day | $- | $- | ▼ -34 days |
| 1987 | 426 days | $146.70 Million | $344.11K/day | $- | $- | ▲ +100 days |
| 1986 | 326 days | $118.80 Million | $364.38K/day | $- | $- | — |