Medtronic plc (MDTC34) — Tangible Net Worth Ratio
Medtronic plc (MDTC34) has a Tangible Net Worth Ratio of 79.7% as of April 2026. This metric is calculated by deducting intangible assets (R$10.15 Billion) from net assets (R$50.07 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Medtronic plc net assets for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Medtronic plc Tangible Net Worth Ratio (2019–2026)
This chart shows how Medtronic plc's Tangible Net Worth Ratio has changed across 8 annual periods from 2019 to 2026. As of April 2026, the ratio stands at 79.7%, reflecting net assets of R$50.07 Billion with intangible assets of R$10.15 Billion BRL. Also explore MDTC34 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Medtronic plc (2019–2026)
The table below presents the year-by-year Tangible Net Worth Ratio for Medtronic plc from 2019 to 2026, covering 8 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see MDTC34 stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (BRL) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 79.7% | R$50.07 Billion | R$10.15 Billion | R$93.03 Billion | ▲ +3.9 pp |
| 2025 | 75.8% | R$48.26 Billion | R$11.67 Billion | R$91.68 Billion | ▲ +2.2 pp |
| 2024 | 73.7% | R$50.21 Billion | R$13.22 Billion | R$89.98 Billion | ▲ +2.5 pp |
| 2023 | 71.2% | R$51.48 Billion | R$14.84 Billion | R$90.95 Billion | ▲ +0.7 pp |
| 2022 | 70.4% | R$52.72 Billion | R$15.59 Billion | R$90.98 Billion | ▲ +4.8 pp |
| 2021 | 65.6% | R$51.60 Billion | R$17.74 Billion | R$93.08 Billion | ▲ +3.1 pp |
| 2020 | 62.5% | R$50.87 Billion | R$19.06 Billion | R$90.69 Billion | ▲ +3.5 pp |
| 2019 | 59.1% | R$50.21 Billion | R$20.56 Billion | R$89.69 Billion | — |